History

History

The firm was founded in 2005 by real estate veteran, Christopher Merrill, in partnership with the Galvin family (founding family of Motorola), led by Chris Galvin (former Chairman and CEO of Motorola). Merrill and the firm’s senior executives have a long history of identifying unique and innovative investment strategies over their careers. It is in this spirit of innovation, integrity and investment prowess that Harrison Street Real Estate Capital was founded and continues to operate its business.

In July 2018, Colliers International Group (CIGI) purchased the interests of the Galvin family and became Harrison Street’s new strategic partner. The transaction solves for succession of Founders, ensures long-term firm stability and creates stronger alignment with its limited partners.

Some of the key milestones in the firm's history follow: 

Dec
Firm AUM $13.7 billion
Dec
Harrison Street was elected as runner-up for PERE's North America, Firm of the Year Award
Dec
Pensions & Investments named Harrison Street "Best Places to Work" in the Managers with 50-99 Employees category, it's the fourth consecutive year the firm made the list.
Jun
Fund VI holds Final Close at $950 Million of capital commitments & $205 Million in Co-Investment vehicles
Jan
Ranked 2nd in Top Owners of Student Housing