PERE sits down with the firm's senior director of real assets to hear why this institutional money from the Lone Star state is pivoting away from commingled funds.
Harrison Street, a privately-owned, Chicago-based investment management firm with a historical, exclusive focus in education, healthcare and storage real estate, is now expanding into social infrastructure with its latest fund, Harrison Street Social Infrastructure Fund. It has already received a commitment of up to $200 million from the Texas Municipal Retirement System (TMRS), according to board meeting documents.
Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, has sold ECLA Paris, a high-end student accommodation property located at the University of Paris-Saclay Campus to Brookfield.
December 2018Pensions & Investments Best Places to Work 2018
Harrison Street was named Best Places to Work by Pensions & Investments for the fifth consecutive year.
December 2018Top 25 Owners of Student Housing
Harrison Street was ranked #2 by Student Housing Business’s annual survey of the industry’s Top 25 Owners during the fall of 2018.
August 2018Harrison Street JV plans mixed-use student housing development at the University of Chicago
Harrison Street, a real estate investment firm dedicated to the education, healthcare and storage sectors, along with its partner Capstone Development Partners, a developer of on-campus housing in partnership with universities, has closed on equity financing for an on-campus, mixed-use student housing and dining community on the campus of University of Chicago (UChicago).
While investors increasingly look for a home in student housing, Harrison Street’s Chris Merrill has been around the block.
Intensifying competition in the student loan housing market may be encouraging risk-taking among new entrants, according to multiple industry executives.
Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) has completed its previously announced, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real estate investment firms dedicated to the education, healthcare and storage sectors with approximately $14.6 billion in assets under management.
The firm’s founders have sold all or part of their interests to property services company Colliers, which is expanding into the investment management space.