Hackberry Lane Expands Student Housing Portfolio to 4,000 Beds
Hackberry Lane acquired roughly 1,650 beds near the University of Florida and University of Alabama, growing its total portfolio to approximately 4,000 beds.
Hackberry Lane, a vertically integrated student housing investment and operating firm, has closed multiple acquisitions near the University of Florida and the University of Alabama, adding approximately 1,650 beds to its portfolio and bringing its total capacity to roughly 4,000 beds.
The transactions deepen the New York-based firm's footprint in what it describes as core SEC conference markets, a geographic strategy centered on large flagship public universities across the Southeastern United States. The deals reflect the company's continued focus on the student housing shadow market — off-campus properties that cater to undergraduates but are not owned or operated by the universities themselves.
Read more MSIG USA Names Andrew Pateyuk Head of Retail and Wholesale Property →
The SEC conference corridor has drawn sustained institutional interest in recent years as enrollment at major Southern universities has remained resilient, underpinning demand for privately owned student accommodations situated close to campus. Hackberry Lane's latest moves suggest the firm views that demand as durable enough to justify scaling through multiple simultaneous closings.
By operating as a vertically integrated platform, Hackberry Lane handles both investment and property management functions internally, a structure that can allow for tighter cost controls and faster operational decisions following acquisitions. The dual-market expansion, spanning two distinct states, signals a deliberate portfolio diversification approach within its chosen regional niche.
Continue reading at All Financial Services & Investing.
