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Sign in Sign up for a FREE subscriptionInland Private Capital and Core Spaces form student housing JV
Inland Private Capital Corporation (IPC) and Core Spaces have formed a strategic joint venture targeting ground-up, and substantially complete, off-campus purpose-built student housing opportunities located at leading, top-tier universities throughout the United States.
The relationship marks the beginning phase of IPC’s strategic plan to expand its student housing footprint, which currently includes 3,800 beds, across seven campuses. Since inception, Core Spaces has consistently delivered award-winning developments in top markets across the country. It currently owns and/or manages 44 student housing properties nationwide — totaling more than 22,000 beds — and has a pipeline of over 40,000 beds and units in various stages of development and acquisition.
“The strategic relationship provides our platform institutional access to best-in-class student housing opportunities — an investment category that has historically demonstrated predictable and stable perform