<div dir="ltr"><br><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">---------- Forwarded message ---------<br>From: <strong class="gmail_sendername" dir="auto">Mark Potts</strong> <span dir="auto"><<a href="mailto:mark@markpotts.com">mark@markpotts.com</a>></span><br>Date: Tue, Aug 13, 2019 at 8:17 PM<br>Subject: Luxury Apartments in College Towns<br>To: Dennis Brown <<a href="mailto:djbrown806@gmail.com">djbrown806@gmail.com</a>><br>Cc: Chris Millspaugh <<a href="mailto:chris@chrismillspaugh.com">chris@chrismillspaugh.com</a>>, Courtney Shipley <<a href="mailto:shipleyco@gmail.com">shipleyco@gmail.com</a>>, Dale Slusser <<a href="mailto:dyson627@outlook.com">dyson627@outlook.com</a>>, Dennis Domer <<a href="mailto:domer@ku.edu">domer@ku.edu</a>>, Ernie Eck <<a href="mailto:ernieeck@sunflower.com">ernieeck@sunflower.com</a>>, Lindsay Crick <<a href="mailto:lindsaycrick@gmail.com">lindsaycrick@gmail.com</a>>, marci francisco <<a href="mailto:maf@sunflower.com">maf@sunflower.com</a>>, matthew holtkamp <<a href="mailto:matthewryanholtkamp@gmail.com">matthewryanholtkamp@gmail.com</a>>, Mike Goans <<a href="mailto:mikegoans46@gmail.com">mikegoans46@gmail.com</a>>, Patrick Watkins <<a href="mailto:patrwatkins@gmail.com">patrwatkins@gmail.com</a>>, phil stinson <<a href="mailto:phil.stinson@gmail.com">phil.stinson@gmail.com</a>>, Sarah Holder <<a href="mailto:sarahbholder@gmail.com">sarahbholder@gmail.com</a>>, Travis Campbell <<a href="mailto:travis_126@hotmail.com">travis_126@hotmail.com</a>>, Verdell Taylor <<a href="mailto:pastorT77@aol.com">pastorT77@aol.com</a>><br></div><br><br><div style="word-wrap:break-word">It takes a little while to get going, but this story provides a good overview of the national phenomenon that brought us the HUB proposal: developers targeting areas near college campuses for upscale student living. Money quote:<div><br></div><div><span style="text-indent:30px;background-color:rgb(255,255,255)"><font face="PublicoText-Roman-Web, Georgia, Cambria, Times New Roman, Times, serif"><span style="font-size:22px">“The dramatic rise in rents also coincides with national developers starting to eye the areas around public universities as a growth market. Real estate companies bulldoze aging buildings to put up the kinds of amenity-rich, luxury apartments that might appeal to upper-middle-class parents looking for a safe, comfortable place for their student to live.</span></font></span><font face="PublicoText-Roman-Web, Georgia, Cambria, Times New Roman, Times, serif"><span style="font-size:22px">”</span></font></div><div><span style="text-indent:30px;background-color:rgb(255,255,255)"><font face="PublicoText-Roman-Web, Georgia, Cambria, Times New Roman, Times, serif"><span style="font-size:22px"><br></span></font></span></div><div><a href="https://nam01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Ffeatures%2F2019-08-13%2Fif-the-tuition-doesn-t-get-you-the-cost-of-student-housing-will&data=02%7C01%7Celectronic-lan%40lists.ku.edu%7C2382c797d15c4e60e45a08d7207190b1%7C3c176536afe643f5b96636feabbe3c1a%7C0%7C0%7C637013544442917292&sdata=jWm06iZ%2B%2FiwUo1VWnDc3hEdBcpgJ%2BvEZkYfJqFn6Cs4%3D&reserved=0" originalSrc="https://www.bloomberg.com/news/features/2019-08-13/if-the-tuition-doesn-t-get-you-the-cost-of-student-housing-will" shash="a+JRtqIHBeJ5+Pd/ogmyWNOs9DDVkitWUugmvmsrr9FMoauUSIAzgrtMUMOLfaBK/84hVyUIrszv7ypiZMNfhdsEZVWwfloZw+8Gn0JLSUPMx4vmR0hrgs1BWV2QkKsdd8Nt1IJNkQ1yr+/llK58kC5LU1bZqePuP1JMyaUuDlw=" target="_blank">https://www.bloomberg.com/news/features/2019-08-13/if-the-tuition-doesn-t-get-you-the-cost-of-student-housing-will</a></div></div></div></div>