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. Keep reading
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. Keep reading
The president and chief executive of Chicago-based private equity real estate firm Harrison Street Real Estate Capital is only in his mid-40s, but already he has been thinking about succession planning. Keep reading
Public Employees Retirement Association of New Mexico is investing $75m (€67m) in Harrison Street Real Estate Partners VI fund. Keep reading
A joint venture between the Sanders Trust of Birmingham, Ala., and private equity firm Harrison Street Real Estate Capital paid $111.5 million this week to buy three inpatient rehabilitation hospitals in Texas. Keep reading
Come fall 2018, locals in Chicago’s Lincoln Park neighborhood may start doing double takes when passing Belmont Village Senior Living’s new community. That’s because the soon-to-be built, 160-bed Belmont Village Lincoln Park community will very closely resemble a historic building they have seen before. Keep reading
The past two quarters were monumental for student housing. In the first quarter of 2016, a record $2.6 billion in capital poured into the sector, marking the largest single-quarter investment since 2006. Keep reading
The Texas Municipal Retirement System is to invest $600m (€544.5m) in real estate over the next three years. Funds could be a mixture of core, value-add or opportunistic strategies across a variety of property types. Keep reading
A venture of Harrison Street Real Estate Capital bought a building on the former Children's Memorial Hospital campus, where it plans a new senior housing facility as part of a larger redevelopment of the six-acre site in Lincoln Park. Keep reading
The notion that investors from all over the globe are looking to gain exposure to real estate plays out in PERE's annual private equity real estate capital raising ranking - the PERE 50. Keep reading