Harrison Street holds $950m final close
Harrison Street Real Estate Capital has closed its sixth U.S. opportunistic real estate fund, Harrison Street Real Estate Partners VI, at $950 million in equity commitments, exceeding its target of $850 million. Harrison Street also raised $205 million of additional equity capital in co-investment vehicles.
Fund VI’s strategy is consistent with Harrison Street’s opportunistic fund series to provide innovative and flexible capital in the needs-based real estate market. Fund VI received strong backing from existing Harrison Street investors, representing approximately 70 percent of total committed capital, and welcomed a number of new investors from across the globe. In total, Harrison Street received commitments to Fund VI from more than 65 institutional investors.
“We are pleased with the support Harrison Street Real Estate Partners VI has received from a high-quality base of both new and existing investors. As capital needs intensify at the top public universiti