HSRE Buys Four Properties in Eugene

Eugene, Ore. — Eugene newspaper reports HSRE paid $40 million for four properties developed by Dan Neal.

Eugene, Ore. — The Register-Guard in Eugene is reporting that Harrison Street Real Estate Capital has bought four student housing complexes near the University of Oregon for approximately $40 million from local developer Dan Neal. According to the story, Harrison Street assumed approximately $20 million in federal Housing and Urban Development loans that Neal had taken out on the projects, and put approximately $20 million in equity into the purchase. Harrison Street also is providing equity for Uncommon, a 118-unit student housing complex under construction Campus Acquisitions that will open in the fall.

 

 

 

 

 

 

 

 

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