PBSH/PBSA investor Harrison Street remains active to start 2024.
The SHURE Initiative received word today that Harrison Street has announced the sale of Epoch Clemson, a 994-bed student housing community on Lake Hartwell near Clemson University in South Carolina. The buyer is Inland Real Estate Acquisitions, LLC, on behalf of an Inland affiliate. The sale price has not been disclosed.
Inland Real Estate Acquisitions, LLC has purchased the Epoch Clemson from Harrison for an undisclosed amount.
With over 3,600 feet of Lake Hartwell frontage, the community features waterfront amenities, including a private beach, boat docks, lakeside pedestrian paths, and select units with lake views.
Harrison Street is among the most active private student housing owners (PBSH/PBSA) globally. Since its inception, Harrison Street has invested over $21.6 billion USD across approximately 403 properties, totaling more than 220,000 beds in education and student housing assets at leading universities throughout North America and Europe. During this period, the firm sold 200 student housing properties for a gross cost of approximately $8.3 billion USD.
Related SHURE Initiative Content: Core Spaces and Harrison Street join forces for early 2024 acquisition at University of Oregon (USA)
SHURE Initiative Research: Clemson University
(South Carolina, USA)
For the disposition, Walker & Dunlop acted as a broker, representing Harrison Street.
