ASU’s Tempe campus is one of the largest single-campus student populations in the country, and the off-campus housing market absorbs the overwhelming majority of those students every year. With just one in five ASU students living in dorms, the university pushes tens of thousands of students into the local housing market, increasing pressure on limited housing supply near campus. Lofts on 8th is a smaller, differentiated asset in a market dominated by large-scale communities, offering a boutique living experience in a location that consistently commands strong demand.

Tempe is one of the most supply-pressured student housing markets in the Southwest. ASU enrollment continues to expand, driving up rental demand not just in Tempe but in adjacent neighborhoods throughout the East Valley, and the gap between on-campus supply and total enrollment shows no signs of closing. In a market this large and this tight, well-located assets at every scale perform.

Lofts on 8th is a boutique purpose-built student housing community on East 8th Street in Tempe, offering ASU students a more intimate and design-forward living experience in one of the most active college markets in the country. With 112 beds across 28 units, it is a community built for students who want quality, character, and proximity to campus without the feel of a large apartment complex.

Lofts on 8th is a 28-unit, 112-bed purpose-built student housing community serving Arizona State University in Tempe, Arizona. ASU enrolls over 65,000 students on its Tempe campus, with more than 80% living off campus, creating one of the largest and most consistently active student housing markets in the United States.