Harrison Street Announces $1.6 Billion in Transformational Medical Office and Senior Housing Transactions

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CHICAGO– Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced it has entered into a series of transactions under which Harrison Street agreed to purchase 24 senior housing assets and sell 14 medical office properties across eight states, multiples sellers and counterparties for a total transaction value of approximately $1.6 billion.

Christopher Merrill, Harrison Street’s Co-Founder, Chairman and Chief Executive Officer, said, “This highly complex series of transactions, which includes 40 properties, multiple closings, and numerous counterparties each with unique needs, reflects Harrison Street’s sector expertise, deep relationships, and execution ability. We are excited by the opportunities that exist across each of our core sectors and to bring Harrison Street’s substantial resources to bear to support vital sectors of the economy and to drive value for our investors and partners.”