Harrison Street Acquisition of University Commons Student Housing, Austin, TX

Deal value: $67,000,000

Harrison Street acquired University Commons, a 320-bed student housing property near the University of Texas at Austin, expanding its student housing portfolio in high-demand markets.

Harrison Street’s acquisition of University Commons is driven by the belief that student housing near top-tier universities offers resilient, needs-based demand and stable cash flows. The firm is expanding its portfolio in high-demand markets like Austin, where enrollment growth and limited supply support strong fundamentals. This investment aligns with Harrison Street’s strategy to target assets at selective universities with favorable supply-demand dynamics and proven student outcomes.