KKR Strikes $725 Million Deal to Sell Student-Housing Properties

KKR & Co. has sold seven US student-housing properties to Harrison Street, a deal that shows continued strength for the sector even as other residential and commercial real estate markets cool.

The price for the portfolio, with 4,500 beds, was $725 million, according to people with knowledge of the deal. Representatives for KKR and Harrison Street declined to comment …

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