Tricked out student housing equals big developer profits

Workout room at ASU student housing
Workout room at ASU student housing

By Diana Olick | CNBC

On a Wednesday afternoon, in a luxury apartment building called “The Standard,” which would fit right into any major metropolitan downtown, sunbathers line the edges of the rooftop’s infinity pool. Sweat flies in the bright fitness center as loud pops emanate from the racquetball court, and a young woman at the concierge desk phones upstairs to a resident about a package. Only this is not any residential building. It’s student housing at the University of Georgia in Athens.

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