Inland Real Estate Investment Corp., a real estate investment manager with more than $16 billion in assets under management, has announced the successful completion of a capital raise exceeding $128 million for its private investment offering Columbia SC Student Housing DST, a Delaware statutory trust sponsored by Inland Private Capital Corp. The offering has been fully subscribed and is now closed.
Columbia SC Student Housing DST owns Sawyer on Lincoln, a 274-unit, 673-bed student housing property located at 919 Catawba St. in Columbia, S.C., serving students at the University of South Carolina, a Southeastern Conference Power 5 School.
“The Sawyer on Lincoln is ideally positioned to attract and meet the ongoing demand from students transitioning out of freshman housing,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “The student housing sector overall has demonstrated immense stability against the greater macroeconomic backdrop, and the rec