Toronto, Ontario · Member since 2014 · 95 posts · 23 votes
Hi fellow investors ,
does anyone using Cleveland clinic Student Housing Program as a vendor?
i have a short / mid term house near the clinic and interested to know details of listing and become a vendor for students and medical staff in need of housing
Hey Itay, I’m not in that exact program, but I’ve seen other investors successfully tap into similar housing partnerships with hospitals and universities. The key is ensuring your property meets their furnishing, lease flexibility, and safety standards, since most medical staff and students look for turnkey, move-in-ready housing. It can also help to offer utilities included and easy online rent payment.
Developer · Cleveland / Akron, OH · Member since 2008 · 922 posts · 399 votes
1y
@Itay Heled One thing to consider is that the demand for that program may be down right now. A large apartment building that predominantly catered to Clinic people and international students at CSU just went bankrupt, as they lost nearly half of their tenants in Q4 of last year. Immigration concerns were the stated cause.
It was run by some of the most capable operators in the region.