Every now and again, Versity will encounter a dilapidated property or a vacant plot of land with an ideal location near a growing university. For Versity, this can translate into tremendous upside potential through an all-new, ground-up development, especially in markets where demand is growing faster than supply and the current competitive set is antiquated or lacks modern appeal to today’s pickier students. In this case, Versity believes a well-executed strategy can potentially bring high returns. Keeping in mind, construction projects inherently bring on a number of risks and uncertainties. For these opportunities, investors should be sure the risks and benefits of a project are consistent with their goals and objectives.