Harrison Street Asset Management (HSAM) announced continued momentum in its senior housing development strategy, with 10 development projects representing more than $1.2 billion in total project costs either completed or nearing financial close over the past 18 months. The projects encompass approximately 1,600 units across high-growth markets in the West Coast, Pacific Northwest, and Mountain West, where favorable demographics, limited new supply, and strong household wealth continue to support demand for senior housing.
The announcement reinforces HSAM’s long-term conviction in senior housing as a core alternative real estate sector. Since launching its development platform, the firm has completed 109 senior housing projects totaling approximately $6.6 billion and has an additional $1.4 billion development pipeline expected to begin in the near term. Harrison Street believes supply constraints and an aging U.S. population will continue to create attractive investment opportunities for institutional investors and private wealth clients seeking exposure to demographic-driven real estate.
Read the full article: “Alternatives Watch – Harrison Street HSAM Senior Housing Platform Reaches $1.2 Billion“
