Dallas and Oak Brook, Ill. — Inland Private Capital Corp. (IPC) has formed a strategic partnership with University Partners focused on managing and operating off campus student housing communities near top-tier universities in the U.S. The partnership follows Oak Brook, Illinois-based IPC’s previously announced plans to expand its student housing footprint, which currently consists of 8,014 beds across 17 properties. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, will serve as the acquisition representative for Inland responsible for negotiating and closing student housing transactions. Dallas-based University Partners currently owns and/or manages over 25,000 beds representing nearly $4 billion in property value. “We are thrilled to work with University Partners, a proven leader and innovator in the student housing industry, as we continue to grow IPC’s platform with best-in-class, institutional quality student housing assets,” says Keith Lampi, president and chief executive officer of IPC. “Even among a high-interest rate environment and persistent inflation, student housing transaction activity remains robust and has historically demonstrated predictable and stable performance during times of economic volatility.”
Inland, University Partners Form Strategic Student Housing Partnership
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