Inland Real Estate Investment Corp., an industry-leading real estate investment manager, today announced the completion of more than $125 million in capital raised for two private investment offerings. The capital includes more than $49 million for the private investment offering of Knoxville Student Housing DST, and a more than $77 million capital raise for the private investment offering of Epoch Student Housing DST, both Inland Private Capital Corporation-sponsored Delaware statutory trusts. The offerings have been fully subscribed by investors and are now closed.
The Knoxville Student Housing DST owns The Knox, a 101-unit, 383-bed student housing complex located at 1511 Clinch Avenue in Knoxville, Tennessee, serving students at the University of Tennessee (UT). Situated directly across from a UT dormitory and a short walk from the Student Union center, the property is ideally positioned to attract and meet the ongoing demand from students transitioning out of freshman hou