“'The multi-family market was extremely robust going into [the coronavirus] and student housing has had solid tailwinds. There has been relatively static demand that was predictable — a set number of seats in the university, and so long as the supply doesn’t dramatically change year to year, you can count on getting heads in beds,' UCLA finance and real estate lecturer Paul Habibi told Yahoo Finance.
In addition to teaching students about real estate, Habibi is an investor himself; he owns and manages several properties across the country, including multi-family apartments adjacent to UCLA’s campus, making him a landlord to hundreds of students. The university is located in the affluent West Los Angeles neighborhood of Westwood, nestled in between Bel Air, Beverly Hills, Santa Monica and Brentwood."
Recent Comments