Harrison Street Raises $2.5B; Targets Underperforming Assets
Through the fund, 70 percent of the capital has been committed to 70 properties.
Through the fund, 70 percent of the capital has been committed to 70 properties.
As a result, average annual rent growth was 4.2%.
While the industrial vacancy rate climbed in Q3, it’s below the 10-year pre-pandemic average.
A third of young Americans say hurricanes like Helene will play a role in where they decide to live.
The national median rent today is $10 per month cheaper than it was a year ago.
The recent cut is spurring investment, reviving key ancillary services and optimism.
It used to be that insurance was a necessary expense. Now conditions are becoming so extreme that it will become part of property valuation.
First it was dropping, now it’s rising. No one can reliably predict where it’s going.
The two plan to invest in 15,000 units.
The fund has already acquired two properties.
Title | Price | Status | Type | Area | Purpose | Bedrooms | Bathrooms |
---|