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Harrison Street Raises $2.5B for Eighth Opportunistic Real Estate Fund

The firm’s largest closed-end fund ever will eye seniors housing and student housing, among other sectors.

By Paul Bergeron | October 06, 2021 at 07:05 AM

Harrison Street has announced the final close of the firm’s eighth US opportunistic real estate fund, Harrison Street Real Estate Partners VIII, L.P. at the fund’s hard cap of $2 billion, exceeding its $1.5 billion target.

Harrison Street raised an additional $510 million in co-investment vehicles to invest alongside Fund VIII for a total of $2.5 billion of equity raised and total buying capacity of over $8 billion. The fund received support from current Harrison Street investors, making up 75% of the commitments, as well as new institutional investors from around the globe.

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