The company focuses on real estate assets considered to berecession-resistant, such as senior housing, student housing,medical office and storage properties. Harrison Street focuses onsmaller transaction with "strong underlying demand," according tomanaging director and co-founder Christopher Merrill in thestatement. Investors in the fund include corporations and pensionfunds from the US and Europe, insurance companies, foundations andendowments, according to the release.

|

The company currently owns and manages a portfolio of 95 assetsvalued in excess of $1 billion and located in 24 states. This pastNovember, Harrison Street and Santa Barbara, CA-based MontecitoMedical Investment Co. formed a joint venture to acquire aportfolio of medical office properties, as previously reported byGlobeSt.com.

Want to continue reading?
Become a Free ALM Digital Reader.

  • 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
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.