Friday, March 4, 2016

Chicago firm completes purchase of Charlotte-based Campus Crest

Harrison Street Real Estate Capital has closed on its acquisition of Charlotte-based Campus Crest Communities Inc. The transaction, which totaled about $1.9 billion including debt, was finalized Wednesday. The student-housing operator's stock was delisted from the New York Stock Exchange, and its shareholders will receive $7.02 in cash per share, according to a news release. Harrison Street, a Chicago-based real estate private equity firm, and Campus Crest had entered into a merger agreement last…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/03/04/chicago-firm-completes-purchase-of-charlotte-based.html

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