Inland Real Estate Investment Corp Raises $128M for Columbia Student Housing DST
Inland Real Estate Investment Corporation announced it has successfully raised more than $128 million for its Columbia SC Student Housing DST, a private placement investment sponsored by Inland Private Capital Corporation (IPC). The Delaware statutory trust owns Sawyer on Lincoln, a 274-unit, 673-bed student housing community serving the University of South Carolina.
According to Inland’s chief strategy officer Nati Kiferbaum, “The student housing sector overall has demonstrated immense stability against the greater macroeconomic backdrop, and the record enrollments at Power 5 Schools, such as the University of South Carolina, are showcasing the significant value in education and the experience that comes with it.”
The new DST marks Inland’s second student housing acquisition in South Carolina. Earlier this year, the firm added a 994-bed student housing property serving Clemson University. Inland Investments’ student housing portfolio now includes over $1.4 billion in AUM, comprising 15 properties across 12 campuses, totaling 7,656 beds.
Inland’s broader real estate investment platform provides both public and private tax-advantaged real estate solutions across multiple asset types. Since inception, Inland member companies have acquired more than $55 billion in real estate and currently manage approximately $16 billion in assets across 42 states.
