Harrison Street purchased two medical office buildings in Northeast Philadelphia for $17 million. The buildings are currently occupied by Thomas Jefferson University Hospital. The buildings, which total 86,000 square feet, are 94.7 percent leased. Keep reading
PARIS—Continuing its foray into European markets, Harrison Street Real Estate Capital has formed a joint venture with student housing developer HPC Group and its subsidiary Oceanis Promotion. Keep reading
Transforming Age, formerly known as Presbyterian Retirement Communities Northwest, acquired an eight-property portfolio totaling more than 1,000 units for $138 million. The portfolio, located across the Twin Cities, was acquired from a joint venture between Des Moines, Iowa-based LCS and Chicago-based Harrison Street Real Estate. Keep reading
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. Keep reading
Harrison Street was named Best Places to Work in the Alternatives Managers category by Pensions & Investments for the third consecutive year. Keep reading
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. Keep reading
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. Keep reading
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. Keep reading
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. Keep reading
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. Keep reading