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Inland Fully Subscribes Student Housing DST Near University of Notre Dame

Inland Private Capital Corporation – a real estate investment manager – has completed a $26 million+ capital raise for the private investment offering of Irish Row Student Housing DST, an Inland Private Capital Corporation-sponsored Delaware statutory trust. The offering has been fully subscribed by investors and is now closed.

The DST owns the property commonly known as Irish Row Apartments, a 326-bed, 127-unit student housing property located in South Bend, Ind., and serving students at the University of Notre Dame.

“Inland continues to be acutely focused on acquiring quality student housing properties at Tier 1 universities,” commented Nati Kiferbaum, senior vice president – head of investment product strategy at Inland Private Capital Corporation. “The sector’s durability, tailwinds, and strong property fundamentals are on full display, and we anticipate this will continue despite the uncertain macroeconomic backdrop.”

To date, Inland Private Capital Corporation’s student housing portfolio consists of 8,014 beds across 17 properties throughout the country.

“Irish Row Apartments has been a historically strong performer in the market given its proximity to campus, large floor plans, and thoughtful amenities,” added Kiferbaum.

As of December 2023, Irish Row Apartments was 98% occupied and 75% preleased for the 2024-2025 academic year.

Headquartered in Oak Brook, Ill., Inland Private Capital Corporation specializes in offering multiple-owner, tax-focused, private placement investments including qualified opportunity zone investments throughout the United States. Since inception, it has monetized more than $3.9 billion in full-cycle transactions on behalf of its investors and currently manages a diverse portfolio of more than $12.2 billion across several asset classes spanning 43 states.

Inland Private Capital Corporation is a member company of alternative investment management firm, The Inland Real Estate Group of Companies Inc. As of Dec. 31, 2023, the firm had sponsored 313 private placement real estate offerings, with investments and developments in the multifamily, self-storage, hospitality, healthcare, student housing, retail, corporate office, senior living, and industrial sectors.

For more Inland Private Capital news, please visit their directory page.