Core Spaces Closes $1.64B Student Housing Fund

Core Spaces has closed its latest flagship student housing fund with approximately $1.64 billion in capital commitments from global investors.

“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 CEO of Core Spaces. “That focus has resonated with both residents and investors as demand for high-quality, well-located student housing has continued to grow.”

The new fund builds on Core’s broader capital and platform expansion in recent years. In 2024, the firm launched a Global Wealth Management platform to open institutional strategies to a wider base of investors, broadening its capital sources to support future development and acquisitions.

Core now oversees one of the sector’s larger platforms. Its student housing portfolio includes more than 74,440 beds currently owned or managed, with a development pipeline of 53,860 additional beds at various stages of planning and construction. The firm has also been growing beyond student accommodation: Core’s build-to-rent division has over 3,000 homes under development

Pictured: Hub on Campus Tucson First, Tucson, AZ.

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