Photo of Christopher Merrill Merrill cites Harrison Street’s “deep focus on resilient sectors driven by favorable demographic trends.”

CHICAGO—Private equity firm Harrison Street Real Estate Capital LLC said Thursday it had closed its sixth US opportunistic real estate fund with $1.15 billion in equity capital. In the market for less than a year, Harrison Street Real Estate Partners VI LP closed at a hard cap of $950 million, exceeding its $850-million target as well as the cap for Fund V, which closed in 2015. Harrison Street also raised $205 million of additional equity capital in co-investment vehicles for Fund VI, compared to $160 million for Fund V.

“As capital needs intensify at the top public universities and health systems—groups in need of flexible and innovative capital solutions—we are well positioned to leverage our longstanding relationships to solidify our role as the partner of choice for these institutions,” says Christopher Merrill, Harrison Street’s co-founder, president and CEO. The firm specializes in the education, healthcare and storage sectors through its core and opportunistic funds, which target assets both in the US and in Europe.

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.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

More from this author

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.