December 2016Committed Player
With its acquisition of the Campus Crest portfolio earlier this year, Harrison Street jumped to be the nation's second largest owner of student housing. Chris Merrill, Harrison Street founder, talks about the acquisition and the company's commitment to the sector.
December 2016The American Model Abroad
Student housing is increasingly becoming a global business. While we are just at the start of lending American student housing ingenuity to projects abroad, foreign investment has participated for some time in student housing investments here in the United States. At the same time, a number of U.S.-based investors are seeking to deploy capital abroad, where purpose-built student housing is practically in the embryo stage.
December 2016Pensions & Investments Best Places to Work 2016
Harrison Street was named Best Places to Work in the Alternatives Managers category by Pensions & Investments for the third consecutive year.
An investor group has paid about $150 million for a senior residence on New York’s Upper West Side, with plans to upgrade the facility and provide assisted-living and memory-care services. The Northwind Group, Harrison Street and the Engel Burman Group bought the 239-unit, 16-story art deco building at 305 West End Avenue.
November 2016Real estate offers safety amid Trump-win volatility
Real estate offers investors a consistent long-term return in the volatile market environment the election of President-elect Donald Trump has ushered in, Chris Merrill, co-founder of Harrison Street Real Estate Capital LLC, said on Friday.
The largest public-private partnership in the history of the State University System – a new student housing project called the Village that will be home to more than 2,000 students.
October 2016Morningside House Senior Living Portfolio Sells
A seven-property, assisted living and memory care portfolio has been acquired for $186.25 million by an affliliate of health care real estate investment trust (REIT) HCP Inc.
Over recent months, the reality of Dublin's accommodation crisis has hit home once again as students have struggled to find accommodation for the year.
October 2016Harrison Street backs student housing JV
Chicago-based Harrison Street Real Estate Capital has teamed up with an Alabama-based developer on its latest student housing project, PERE has learned. The private equity real estate firm is providing capital for the development of a mixed-use student housing project at the University of South Florida.
The Illinois State Board of Investment has approved its first commitment to Harrison Street Capital, making a $50m (€44.6m) commitment to the Harrison Street Real Estate Partners VI fund.