Inland Private Capital Corporation, an industry-leading real estate investment manager, has announced the completion of a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust (DST). The offering has been fully subscribed by investors and is now closed.
The DST owns the property commonly known as Irish Row Apartments, a 326-bed, 127-unit student housing property located in South Bend, Ind., and serving students at the University of Notre Dame.
“Inland continues to be acutely focused on acquiring quality student housing properties at Tier 1 universities,” commented Nati Kiferbaum, senior vice president – head of investment product strategy at Inland Private Capital Corporation. “The sector’s durability, tailwinds and strong property fundamentals are on full display, and we anticipate this will continue despite the uncertain macroeconomic backdrop.”
To date,