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Chicago & Midwest  + Downtown  + Student Housing  |  May 13, 2026
Jasmine Kilman
By: Jasmine Kilman

Core Spaces Closes $1.6B Student Housing Fund

Core Spaces announced the final close of its latest flagship fund, with approximately $1.64 billion in total capital commitments from global investors.

The close represents one of the largest dedicated capital raises in the student housing sector. Founded in 2010, Core offers a differentiated approach to the student housing sector, focusing on location, design, and resident experience.

“From the start, we saw something others didn’t and pioneered urban infill student housing by placing our communities where students actually live, not miles away,” said Marc Lifshin, Co-Founder and Chief Executive Officer of Core.

Core has 74,440 student housing beds under ownership and management, and a student housing development pipeline of approximately 53,860 beds. “We value the collaborative partnerships we’ve built with our investors and look forward to continuing to grow together as we seek to execute on our pipeline and advance the next phase of Core’s development and operating platform,” said John Wieker, Chief Investment Officer at Core.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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