Fund | Vintage Year | Fund Status | Fund Size |
---|---|---|---|
Fund I | 2006 | Fully liquidated | $208 million |
Fund II | 2008 | Fully liquidated | $432 million |
Fund III | 2010 | Fully liquidated | $596 million |
Fund IV | 2013 | Disposition phase | $750 million |
Fund V | 2014 | Disposition phase | $850 million |
Fund VI | 2016 | Value creation phase | $950 million |
Fund VII | 2018 | Value creation phase | $1.3 billion |
Fund VIII | 2020 | Investment period | $2.0 billion |
US Core Fund
Launched in 2011, Harrison Street’s Core Fund was created to provide investment in stabilized, cash-flow producing real estate with demographic-driven demand. The fund invests in student housing, both on and off campus, and other education-related real estate investments; senior housing including independent living, assisted living and memory care communities; medical office buildings and other healthcare-related real estate investments; life sciences buildings and storage properties.
Since its inception, the fund has consistently produced an attractive distribution yield. The fund is valued over $12 billion and consists of a diversified portfolio of 382 properties.
European Opportunistic Fund Series
Harrison Street has invested over €3.7 billion in approximately 17,000 student housing beds, over 3,000 specialty residential units and 2.1 million square feet of life sciences throughout Europe. The following provides a summary of the fund series:
Fund | Vintage Year | Fund Status | Fund Size |
---|---|---|---|
Fund I | 2015 | Disposition phase | €235 million |
Fund II | 2018 | Value creation phase | €500 million |
Canada Alternative Fund
Launched in August 2021, Harrison Street’s alternative real estate open-end fund will provide investment in stabilized, cash-flow producing real estate with demographic-driven demand across Canada. The fund will invest in high-quality senior living, student housing, medical office, life sciences, storage and digital real estate assets. The fund has closed three seed investments including: senior housing communities in the greater Toronto area, a senior housing community in downtown Ottawa and a rental property purpose-built for students and young professionals in Calgary’s University District.
“Harrison Street’s research-based approach to investing across established and emerging alternative European real asset sectors draws from our deep sector expertise, extensive partner relationships and unwavering commitment to innovation. As first movers in demographic-driven, needs-based real estate investing in the U.S., we are able to identify and pursue unique European opportunities across our core sectors and create differentiated investment solutions to help our sophisticated clients achieve their objectives.”
Paul Bashir, CEO EUROPE
