Search
 

Harrison Street Closes $850 Million Fund

CHICAGO—The Chicago-based firm invests in sectors, such as student housing, healthcare and self-storage, driven by demographics, and investors have responded.

By Brian J. Rogal | Updated on January 27, 2015

CHICAGO—Harrison Street Real Estate Capital LLC, one of the country’s largest investors in needs-based real estate such as student housing, healthcare and self-storage properties, has just closed its fifth opportunistic fund, called Harrison Street Real Estate Partners V, LP, after raising $850 million and beating the original goal of $750 million.

The firm also raised a co-investment vehicle of $160 million bringing the fund’s total capital to more than $1.0 billion. HSRE raised this amount, which company officials say equates to over $3.5 billion in purchasing power, in three months and did not use a placement agent.  

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.