Harrison Street

Harrison Street’s Managing Director and Head of Transactions – Europe, Josh Miller, recently took part in a video interview with EXPO REAL (Messe München) and PropertyEU. In the interview, Josh discussed Harrison Street’s approach to overcoming rising construction costs and high barrier to entry markets for new development projects. Josh spoke about how Harrison Street will continue to navigate the current environment and growth plans within historically undersupplied markets in the UK and Europe through investments in purpose-built student accommodation (PBSA), build-to-rent, and senior housing sectors.  “There really is an interesting opportunity if you’re able to deliver assets into these undersupplied markets. Competition is very low in terms of new assets being delivered and we’ve seen very strong operational performance in our underlying portfolio,” Josh commented. “As we go forward, I think we’re really seeing the alternative asset classes expand in Europe when we compare those to where the US was ten years ago.” Watch the full interview here: https://lnkd.in/gMQdjgdQ #HarrisonStreet #Europe #AlternativeRealAssets 

Michael Hochanadel, Managing Director and Head of Digital at Harrison Street, was recently featured in PERE, where he discussed the new era of data center investments and how to navigate challenges resulting from power constraints within the sector. Mike noted that cost sharing with the utility provider is an important aspect of the investment. “Having somebody credible that’s willing to post significant capital and financial resources to secure those commitments is increasingly important to the utility to offset the investment that they need to make on the back end to bring power to a site.” As a leader in the digital assets sector, Harrison Street has committed $5.4 billion since 2018 to powered shells, carrier hotels, collocation facilities and dark fiber, and has built a dedicated team committed to investing across verticals that are key parts of the digital ecosystem.       Read the full article here: https://lnkd.in/genQcUpb. #HarrisonStreet #AlternativeRealAssets #DataCenters 

Harrison Street and Radnor Property Group are proud to announce the successful opening of McGinley Hall, our 11-story, 556-bed student housing community on the campus of Duquesne University (“DU”) in downtown Pittsburgh. McGinley Hall will serve junior, senior, and graduate students at DU, providing a mix of furnished studio, two-, and four-bedroom units. The new building, which is the third partnership between DU, Radnor, and Harrison Street, also offers an on-site fitness center, bicycle parking, a convenience store, and a range of common areas for studying, lounging, and gaming.  Designed and built with a focus on sustainability, the project is expected to receive a LEED (Leadership in Energy and Environmental Design) Silver designation. Harrison Street is a leader in providing PPP solutions to the higher education, healthcare, and government sectors. The firm has invested $5.6 billion in PPPs to date, across 60 assets serving 41 colleges and universities. #HarrisonStreet #Infrastructure #PPP #LEED

Harrison Street is honored to be named a finalist for Property Week’s Student Accommodation Awards in the categories of Health & Wellbeing Initiative - Student Property and Investor of the Year! These awards recognize those who not only look at what makes a quality student housing community but looks at the overall landscape of a student’s environment and strives to equip their properties with features and programs that elevate the health and wellbeing of the broader community.   #HarrisonStreet #AlternativeRealAssets #StudentHousing #PropertyWeekAwards

Harrison Street hosted its 8th Annual Senior Housing Conference, bringing together nearly 100 participants, including our industry-leading operating partners as well as top lenders and technology companies actively engaged in the sector. Our conference served as a collaborative platform for key market players to exchange insights on wide-ranging topics including best practices, revenue optimization, and the adoption of innovative technologies. The room was full of excitement with a shared consensus that the sector is poised for strong growth. Read more: https://hubs.li/Q02QxCXK0 #HarrisonStreet #AlternativeRealAssets #SeniorHousing

Harrison Street is excited to announce, with Subtext and ESG | Architecture & Design, the grand opening of a new 12-story student housing development steps away from the University of Wisconsin-Madison. This 536-bed community fits right in between the landscape of the university and the Capitol, while providing its residents with a variety of living configurations and 10,000 square feet of luxury amenities. “The successful completion and full occupancy of VERVE Madison is a clear indication of the ongoing demand for high-quality student housing that enhances the on-campus experience,” said Ben Mohns, Head of Asset Management-North America at Harrison Street. “VERVE Madison was developed with both residents and the university in mind and serves as an extension of the vibrancy of the region, underscoring our commitment to delivering student housing assets that fit seamlessly with the community.”               Harrison Street is a leader in the purpose-built student housing market and one of the largest private owners of student housing globally. Since inception, Harrison Street has invested over $22 billion across 413 properties, totaling more than 223,000 beds in education and student housing assets at leading universities throughout North America and Europe. Read more here: https://lnkd.in/gJ8i5kAW #HarrisonStreet #AlternativeRealAssets #UWMadison #StudentHousing

Harrison Street and Mayroad celebrate the groundbreaking of a new apartment complex on the Air Force’s first-ever privatized apartment complex in California. We are proud to support our U.S. Air Force by providing quality housing for our service members and their families. #HarrisonStreet #Infrastructure #USAirforce #MakingAnImpact 

We are proud to share that Harrison Street has been recognized by Best Companies Group and COLOR Magazine as an Inclusive Workplace Honoree for the second consecutive year! Harrison Street is committed to fostering an environment where our employees feel valued, respected, and empowered to contribute their best each day. We look forward to continuing our efforts to promote inclusivity and belonging at Harrison Street. To review the full list of honorees click here: https://lnkd.in/g24mgwqt #InclusiveWorkplace #HarrisonStreet #CompanyCulture #MakingAnImpact

Harrison Street recently acquired five senior living properties in a joint venture with Brightview Senior Living (Brightview). The five-property portfolio comprises 743 units across newly constructure communities located in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia. “This strategic acquisition exemplifies Harrison Street’s commitment to identifying and investing in key opportunities in the senior living sector. We believe by partnering with experienced operators like Brightview, we continue to deliver high-quality assets in supply-constrained markets, meeting the growing demand for premier senior housing while generating great outcomes for our investors.” said Mike Gordon, Global Chief Investment Officer at Harrison Street. Since its inception in 2005, Harrison Street has invested over $14.1 billion across over 42,000 units in senior housing and currently ranks as one of the top five owners in the United States.    Read the full announcement here: https://lnkd.in/gtkeSRvN   #HarrisonStreet #AlternativeRealAssets #SeniorHousing

Harrison Street and Elkstone announced the development of a new 345-bed purpose-built student accommodation (PBSA) at Queen Street in Galway City, Ireland. The project, due for completion in 2026, is part of a wider partnership to deliver 1,500 purpose-built student beds across Limerick, Cork, Dublin, and Galway by 2028.   “The development of Queen Street represents a notable expansion within the student housing sector to meet the growing demand in Ireland’s third largest student market,” said Paul Bashir, Harrison Street’s CEO of Europe. “We are proud to continue our partnership with Elkstone and collaborate on bringing this premium student housing asset to an undersupplied region.”   Queen Street PBSA marks the first significant investment in the west of Ireland through the Elkstone and Harrison Street partnership and will help to meet the growing demand for high-quality student accommodation in the region.   Read the full announcement here: https://lnkd.in/d8zGp9EJ   #HarrisonStreet #AlternativeRealAssets #Ireland #StudentHousing