Parties
Company
Harrison Street
Company
The Shelley Seller
Company
Burnaby Joint Venture
Harrison Street has entered the B.C. student housing market with the acquisitions of two complexes, the Shelley in Victoria and a 283-bed building under development on Burnaby Mountain near Simon Fraser University in Metro Vancouver.
These are the third and fourth student housing acquisitions for Chicago-based Harrison Street, and its open-ended Canada Alternative Real Estate Fund, during 2023.
In total, the fund has transacted on about $1.2 billion in alternative assets since its inception in 2021.
Harrison Street did not disclose the financial details of the acquisitions.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
22 December 2023