Ares Management announced $400M investment in student housing
Ares Management announced $400M investment in student housing
  REIC  |  Residential  |  International

Ares Management announced $400M investment in student housing

The firm announced a partnership through funds managed by the Ares Real Estate Group
RE+D magazine
05.11.2021

The acquired properties are high quality student housing assets totaling approximately 2,700 beds and include attractive amenities for residents.

Ares Management Corporation and Core Spaces, a leading real estate company and student housing developer, owner and operator, announced a partnership through funds managed by the Ares Real Estate Group to acquire a portfolio of five purpose-built student housing assets valued at over $400 million.

This represents the initial transaction for the partnership that will seek to grow an attractive student housing portfolio targeting premier college and university markets across the U.S. 

The acquired properties are high quality student housing assets totaling approximately 2,700 beds and include attractive amenities for residents.