👨‍🎓 Student Housing OpCo/PropCo: A Deep Dive on Aptitude
​📅 Date & Time: Wednesday, December 10 | 3:00 PM – 4:00 PM ET
🎙️ Hosted by: Thesis Driven
🎯 Audience: Accredited & Institutional Investors
​By signing up for this event, you confirm you are an accredited investor per SEC guidelines.
​​Description
​For years, purpose-built student housing (PBSH) at large public universities was treated as a niche category—an afterthought to conventional multifamily. But on Tier-1 campuses like ASU, Michigan, NC State, and SUNY Binghamton, the opposite has happened: enrollment has climbed, walkable land has tightened, and modern student expectations have diverged sharply from the aging off-campus stock.
​The result is one of the most compelling residential opportunities of the next decade: user-designed, professionally operated housing platforms serving a cohort that evaluates their homes not just by square footage, but by routines, community, wellness, and service.
​Join us for a 60-minute Buy Box Live Q&A with Aptitude Development, the team behind The Marshall—a growing national platform building and operating ground-up PBSH in Tier-1 markets. We’ll unpack the opportunity, walk through two of their current projects (ASU & SUNY Binghamton), and explore how integrated development + management platforms are reshaping student housing as it institutionalizes.
​Aptitude has spent the last decade building track record while developing one of the most focused pipelines in the sector. By targeting campuses with high enrollment growth, persistent supply-demand imbalances in pedestrian locations, and parent-backed leasing structures, Tier-1 PBSH now delivers the yield, operating consistency, and exit liquidity that institutional investors increasingly demand.
​In this session, Paul & Brad of Thesis Driven will sit down with Jared Hutter (Co-Founder) and Zach Feldman (Partner) to break down the model, the pipeline, and the broader opportunity in user-driven residential platforms.
​In this session, we’ll cover:
​Why Tier-1 PBSH has become a structural opportunity
​How Aptitude underwrites markets like ASU + SUNY Binghamton
​The Marshall: why integrated ops drive 100–200 bps of YOC uplift
​The economics: bed/bath parity, rent-per-SF arbitrage, exit caps
​The platform: a decade of PBSH development now scaling nationally
​How investors are underwriting the next generation of residential brands
​Speakers Include:
​The Team
​Jared Hutter, Co-Founder, Aptitude Development
​Zach Feldman, Partner, Aptitude Development
​The “Institutional Investors”
​Paul Stanton, Thesis Driven
​Brad Hargreaves, Thesis Driven
​​🎟️ Register now to see how Aptitude is transforming a niche asset class with an institutional-scale, vertically-integrated real estate platform.