Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry-leading real estate investment manager with over $16 billion in assets under management, announced the successful completion of a capital raise exceeding $128 million for its private investment offering Columbia SC Student Housing DST, a Delaware statuary trust sponsored by Inland Private Capital Corporation. The offering has been fully subscribed and is now closed. 

Columbia SC Student Housing DST owns Sawyer on Lincoln, a 274-unit, 673-bed student housing property located at 919 Catawba Street in Columbia, South Carolina, serving students at the University of South Carolina, a Southeastern Conference Power 5 School. The property is well situated across the street from the university’s Greek Village and within walking proximity to notable academic buildings and university landmarks. Additionally, the property is surrounded by a vibrant neighborhood consisting of a variety of restaurants, shops, and entertainment options, making the property an ideal pedestrian quality location for students. 

Constructed in 2023, Sawyer on Lincoln provides residents with upscale amenities including an outdoor courtyard and lounge with games, a swimming pool with in-pool lounge seating and a hot tub, a 24-hour fitness center, private and group study rooms, gated residential parking and pet friendly amenities. Units also feature stainless steel appliances, memory foam mattresses, a full-size washer and dryer, valet trash service, walk-in closets and private locks on bedroom doors.

“The Sawyer on Lincoln is ideally positioned to attract and meet the ongoing demand from students transitioning out of freshman housing,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “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.”

Inland Investments’ current student housing portfolio spans more than $1.4 billion in assets under management. The portfolio is comprised of 15 properties serving 12 campuses, totaling 7,656 beds. The Sawyer on Lincoln property marks the second student housing asset located in South Carolina.  Earlier this year, the company announced it added a 994-bed student property serving Clemson University.   

Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states.

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About Inland Real Estate Investment Corporation

Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services, including a dedicated research team. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states. Past performance is not a guarantee of future results.