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PJET Student Housing App Launch Coincides With Blackstone $12.8 Billion Student Housing Investment
PJET Student Housing App Launch Coincides With Blackstone $12.8 Billion Student Housing Investment.
About this update from Puration Inc.
[{"type":"text","content":"\n Dallas, Texas, April 20, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today published a CEO shareholder update. PJET is a technology company developing applications designed to enhance university student life. The central application connects the local university community with students by facilitating the advertisement by property owners of real estate available for student rental. The update from CEO Steven Rash is included in its entirety below: Dear Shareholders: PJET’s entry into the student housing market might just be serendipitously timed perfectly. Inflation and rising interest rates could send students and property owners looking for the type of solutions PJET’s Student Housing By Owner APP (SHBO) has to offer. SHBO is designed to connect property owners in the local university community with students.  Property owners can generate income from an extra room or an investment property by renting to local students.  Students can find more affordable housing and even more appealing housing then usually available on the student housing market. Student housing is already in short supply and inflationary pressure can drive student housing prices even higher.  SHBO can provide an alternative. Property owners facing increased interest rates may find the constrained student housing market a more attractive option. Just yesterday, Blackstone announced its entry into the student housing market with the planned acquisition of American Campus Communities in a deal valued at $12.8 billion.  The Wall Street Journal reported, “Now, the [student housing market] looks poised to benefit from a number of tailwinds. There is relatively little new student-housing construction, which means that property owners face little new competition. A national housing shortage is pushing up rents near campus, too, and a return of more international students could boost demand further.” PJET plans to introduce its Student Housing By Owner (SHBO) Application (App) later this month.  Our SHBO App is the VRBO or Airbnb of student housing and we plan to expand the App to become an Amazon like App, but with a social conscience.  I encourage all interested in learning more about PJET’s SHBO foundation and plans for expanding its reach into the student ...