Commingled Funds

Commingled Funds

The firm has raised $11 billion in discretionary capital from some of the largest U.S. and foreign pension funds, corporate plans, insurance companies, endowments, foundations, family offices and high net worth individuals through six closed-end opportunistic real estate funds and an open-ended core property fund. 

 

U.S. Opportunistic

The Firm has raised six closed-end opportunistic Funds (vintage years: 2007, 2008, 2011, 2013, 2014, and 2016) focused on investing in the education, healthcare and storage segments of the US real estate market. The Opportunistic Funds drive value through developing assets or repositioning assets by enhancing utilization and/or occupancy which drives assets to higher levels of stabilized NOI.   The return profile mostly consists of appreciation with the balance derived from current operating income. To date, the Opportunistic Fund series have sold over 356 assets representing over $6.5 billion in real estate (based on cost).

Core

Launched in 2011, HSRE believes the open-end Core Fund is the first of its to kind to target stabilized assets exclusively invested in the education, healthcare and storage segments of the real estate market. The Core Fund focuses on income-producing assets to be held for long periods, typically 10 or more years. 

European Opportunistic

The Firm launched it's second European Fund in 2017, which focuses on investments in the student accommodation sector. The Firm's senior leadership brings significant experience investing in European real estate and like the US, the Firm will form partnerships with best-in-class operating partners who are domain experts in the student accoommodation sector.