Harrison Street raises $1.3bn

The Chicago firm has raised capital for its student housing fund.

Fund name: Harrison Street Social Infrastructure (open-ended)
Amount raised: $1.3 billion
Launch date: February 2019

Harrison Street Real Estate Capital has raised $1.3 billion for Harrison Street Social Infrastructure (open-ended), according to a Form D filed by the firm. Capital raised will be used to invest in student housing throughout North America.

Since its launch, the fund has received commitments from several institutional investors, including $40 million from School Employees’ Retirement System of Ohio and $200 million from Texas Municipal Retirement System.