Finance Midwest

Harrison Street closes third fund; raises $595M

Harrison Street Real Estate Capital LLC (“HSRE”) has completed the final closing of its third real estate private equity fund, Harrison Street Real Estate Partners III, L.P. (HSREP III). The firm received commitments of more than $595 million, exceeding its original goal of $500 million. Investors in the fund include U.S and European pension funds, insurance companies, endowments, foundations and family offices.

Finance Midwest

The Future of Debt – How Quickly We Are Back! Liquidity returns.

Today’s buzz-words are “Cash Flow”, “Income in Place”, and “Lease rollover”. Virtually all lenders have returned to the market. Life Insurance Companies, Banks, CMBS (no longer called Conduits) and many public and private Funds are providing capital to real estate, post recession. This is a clear sign that we bottomed out in 2009-10 and the future is bright.