Bringing you live news and features since 2006 gives individual investors access to USD37.5m student housing portfolio

RELATED TOPICS​ has successfully funded USD1 million, through its investor base, of the USD37.5 million total capital raised to acquire a three property student housing portfolio for sponsor Student Quarters, the student housing investment arm of St Clair Holdings.

The online marketplace offered investors the opportunity to invest as co-general partners in the deal alongside student housing institutional investor, Harrison Street Real Estate Capital. Student Quarters will use the capital raised to acquire and renovate the properties in Greensboro, North Carolina, at the home of The University of North Carolina, Greensboro, and in Johnson City, Tennessee, at East Tennessee State University.
“We are excited to partner with Student Quarters to offer our investors the first of potentially many investments in the student housing space,” says Jilliene Helman (pictured), CEO of “Providing our investors the opportunity to participate in a deal of this caliber is something we are extremely proud of.”
“We were thrilled with’s team and the closing of our first deal together,” says Andy Feinour, president of Student Quarters. “They acted as a true partner, and were really there for us with flexibility and speed. We look forward to working with them again in the near future.”
The properties have a total of 1,108 beds and are currently 95 percent leased. The sponsor will handle all aspects of the investment including purchasing the assets and driving revenues through an improved property management strategy and a comprehensive capital improvement expenditure plan. Peak Campus, the second largest privately-owned US student housing management company, will manage the portfolio investment.

Latest News

Just the two European launches this week with Fidelity bringing us a global government bond climate aware UCITS ETF and..
Ten new ETF solutions were launched for the week, each with a distinct value proposition for investors.  Detailed below are..
U.S. Bank has announced the launch of their new ETF services in Europe, as well as their first client for..
ETF data providers ETFGI has reported that the ETFs industry in the United States gathered net inflows of USD8.17 billion..

Related Articles

ETF Awards
We are very pleased to bring you the winners in the 13th outing of the ETF Express European ETF Awards,...
Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
February ETF flow figures from iShares at BlackRock reveal that inflows into global ETPs were moderate for a fifth consecutive...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by