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Inland Private Capital and University Partners Form Strategic Student Housing Relationship

Real estate investment manager Inland Private Capital Corporation has entered into a strategic relationship with University Partners, an owner and operator of student housing across the United States. The alliance will focus on managing and operating off campus purpose-built student housing opportunities located at leading, top-tier universities throughout the nation.

Inland Private Capital said the relationship builds upon the company’s strategic plan to continue expanding its student housing footprint, which currently consists of 8,014 beds across 17 properties throughout the country.

“We are thrilled to work with University Partners, a proven leader and innovator in the student housing industry, as we continue to grow [Inland Private Capital’s] platform with best-in-class, institutional quality student housing assets,” said Keith Lampi, president and chief executive officer of Inland Real Estate Investment Corporation.

“Even among a high-interest rate environment and persistent inflation, student housing transaction activity remains robust and has historically demonstrated predictable and stable performance during times of economic volatility,” added Lampi.

Mark Cosenza, senior vice president of Inland Real Estate Acquisitions LLC, will serve as the acquisition representative for Inland Private Capital, responsible for negotiating and closing student housing transactions.

“Inland continues to be bullish on acquiring student housing properties as the space continues to see high quality deliveries at tier 1 universities with solid rent growth,” said Cosenza. “As we evaluate potential student housing acquisitions, our primary criteria include prime locations near major universities, robust enrollment trends indicating stable or growing student populations and consistently high occupancy rates that reflect strong demand.”

Headquartered in Dallas, University Partners currently owns and/or manages over 25,000 beds across 43 student housing properties, representing nearly $4 billion of property value.

“We are excited to kick off this strategic relationship with our friends at Inland,” said Carlie Cresse, chief operating officer of University Partners. “Our extensive industry experience and operational capabilities, combined with Inland’s well-targeted acquisition strategy, will provide exceptional living experiences for residents and achieve high quality business results for all stakeholders.”

“Expanding our strategic relationships in student housing signals our firm’s commitment to scale and growing its footprint within the sector. Strategic relationships have historically enhanced Inland’s activity across the board, most notably by growing and diversifying our acquisition pipeline and operating capabilities,” concluded Lampi.

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 $4.7 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 March 31, 2024, the firm had sponsored 315 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.

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