Harrison Street Asset Management has announced the sale of a 12-property student housing portfolio for $910 million. The properties, located across various U.S. university markets, collectively comprise 8,300 beds. The sale marks one of the year’s largest student housing transactions, further highlighting the sector’s resilience and investor interest despite broader real estate market fluctuations.
The portfolio, originally assembled through several acquisitions, was sold to a joint venture between a global investment manager and a student housing operator. Harrison Street emphasized that the transaction underscores ongoing demand for high-quality student accommodation adjacent to major colleges, with fundamentals in the sector remaining robust.
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