Harrison Street Acquires Majority Ownership in Community Near Rochester Institute of Technology

Rochester, N.Y. — Harrison Street has acquired a majority ownership in APEX, a student housing community located across the street from the Rochester Institute of Technology in New York. The seller, Michaels, has retained a 2 percent ownership in the property and will continue to oversee operations. The community offers one-, two-, four- and five-bedroom units. Shared amenities include an e-sports arena, outdoor fire pits, a virtual reality studio, electric car charging stations, dual hot tubs, ingenuity labs and a pet spa.