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Harrison Street Real Estate Capital, which uses the trade name Harrison Street, is a real estate investment firm headquartered in Chicago, Illinois. The firm is currently the alternative real assets arm of Colliers International. In 2024, Harrison Street ranks as one of the top five owners in senior housing in the U.S. [2]
In July 2001, the company invested $56 million in 9 suburban buildings and sold an apartment complex, 4 industrial buildings and a 42-acre land parcel in Aurora, Illinois for $48 million. [ 5 ] In October 2001, the company began development of O'Hare Express North.
These include funds in the Brookfield Strategic Real Estate Partners (BSREP) series. [2] The partnership owns a 31% interest in BSREP I, a 26% interest in BSREP II, an 8% interest in BSREP III, and a 23% interest in BSREP IV. [2] The company also committed $300 million to the Brookfield Fairfield U.S. Multifamily Value Add Fund. [2]
More: Real estate sales in Peoria, Tazewell and Woodford counties for Nov. 12, 2023 1220 Highview Road, East Peoria: Gladys A. and Matthew J. Braskich to Suzanne K. Brooks, $225,000.
In April 2007, the company sold its portfolio in Washington, D.C. to Beacon Capital Partners for $6.5 billion. [10] Later in 2013, the company acquired the Hughes Center, an office and retail development in Las Vegas, for $347 million. [11] In January 2014, the company sold 1-3 Center Plaza in Boston to Shorenstein Properties for $307 million. [12]
Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
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