Harrison Street Real Estate Capital (HSRE) has over 11 billion USD under management. It is the largest investor in student accommodation in the US. HSRE CEO, Chris Merrill established HSRE in 2005 in partnership with the Motorola family. HSRE is named after HE street on which Motorola started is business in Chicago.
HSRE are GSA's joint venture partners in Ireland and on UCT with aspirations to increase development and investment pipelines in the coming years. HSRE brings sector leading experience managing student and multi-family asset class.
HSRE recently transacted on the campus crest communities portfolio (38,000 beds) for 1.9 billion. This is reportedly the largest transaction in the sector history.