Randy Churchey, president and CEO of student housing REIT EdR (NYSE: EDR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Churchey said external growth through on-campus development is “our most exciting opportunity.” Demand is coming from universities that are running low on funds and have aging housing stock that needs to be upgraded to recruit new students, he explained.