Harrison Street is excited to announce the successful sale of a nearly $900 Million U.S. student housing portfolio. The portfolio spans eight Harrison Street funds across 13 universities and 11 states throughout the U.S. and comprises over 8,700 beds located near leading universities including the University of Arkansas, Texas A&M and University of Missouri. “Dynamics such as demand for in-person learning after the pandemic have helped the student housing market," Ben Mohns, Harrison Street’s Head of Asset Management in North America said in a statement with Bloomberg. “The complexity of this portfolio disposition demonstrates not only the heightened demand for student housing, but also our extensive experience of acquiring and developing individual assets at leading universities, enhancing operational performance, and executing on portfolio sales at scale,” said Christopher Merrill, Harrison Street's Co-Founder, Chairman and CEO. “Harrison Street remains poised to capitalize on the growing demand for alternative real estate and deliver exceptional value to our investors.” Read the full Bloomberg announcement here: https://lnkd.in/gk3KvETF #HarrisonStreet #AlternativeRealAssets #StudentHousing
This is a remarkable milestone for Harrison Street and a testament to the team’s expertise and strategic vision in the student housing sector. It’s inspiring to see how a thoughtful approach to alternative real estate can deliver such impactful results. Congratulations on this achievement.
Congratulations! There's a reason I cater to the student housing industry; I'm excited for the continued growth of Harrison Street.
Great win for Harrison Street! Keep up the great work.
Great job Team Epp.
Inspiring
Outstanding deal! Congrats
Excellent work
Great news! Congratulations Christopher Merrill on such a monumental feat
DevOps Engineering, ITMLP student. l'm looking to further my educational training prior to working, or while I work. I would like to spend 4 hours in school, and 4 hours at work daily.
1moI don't want student housing; it prolongs my homelessness problem. I NEED stability, organization, and a place to swim for pain management. I need peace of mind -- I've been homeless far too long.