CPE: Harrison Street targets $4 Billion in properties related to healthcare. According to Preqin, investment in properties related to health care, senior living, and life science has been increasing for the past ten years. Harrison Street Real Estate Partners VII raised $1.3 billion at its final closing, exceeding its original $950 million target. Chicago-based Harrison raised an additional $302.5 million to invest alongside Fund VII, for a total of $1.6 billion of equity raised and total buying capacity of about $4 billion. Existing investors accounted for approximately 65 percent of the total capital contributed to Fund VII, which attracted more than 60 global institutional investors. Now that Harrison has raised the new capital, it's time to put it to work. Fund VII has already committed 26% of the money to deals.
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Earlier Event: August 4
REITs Show Resilience
Later Event: September 11
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