Harrison Street Buys Transwestern REIT Business, Crain’s Reports
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Harrison Street Real Estate Capital acquired Transwestern Securities Management, the REIT subsidiary of real estate investment firm Transwestern Investment Co., for an undisclosed price, Crain’s Chicago Business reported.
Chicago-based Harrison Street’s total assets under management will rise to more than $2.7 billion with the addition of Transwestern, which oversees $700 million in real estate stocks, Crain’s said.