Inland Fully Subscribes Student Housing DST Near Notre Dame

Inland Private Capital Corporation (IPC) has completed a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust. The offering has been fully subscribed by investors and is now closed.

The DST owns the property commonly known as Irish Row Apartments, a 326-bed, 127-unit student housing property located in South Bend, Indiana, for students at the University of Notre Dame. As of December 2023, Irish Row Apartments was 98 percent occupied and 75 percent pre-leased for the 2024-2025 academic year.

“Inland continues to be acutely focused on acquiring quality student housing properties at Tier 1 universities,” said Nati Kiferbaum, SVP – head of investment product strategy at Inland Private Capital Corporation. “The sector’s durability, tailwinds, and strong property fundamentals are on full display, and we anticipate this will continue despite the uncertain macroeconomic backdrop.”

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!