Inland Fully Subscribes Irish Row Student Housing DST in South Bend Near Notre Dame

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Irish Row
The DST owns the property commonly known as Irish Row Apartments, a 326-bed, 127-unit student housing property located in South Bend, Indiana for students at the University of Notre Dame. As of December 2023, Irish Row Apartments was 98 percent occupied and 75 percent pre-leased for the 2024-2025 academic year.

Inland Private Capital Corporation (IPC) has completed a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust. The offering has been fully subscribed by investors and is now closed.

Irish Row offers spacious two-bedroom, three-bedroom, and four-bedroom apartment floorplans. Students enjoy Notre Dame off-campus housing conveniently located just a half-mile from the heart of the University of Notre Dame campus and several local favorite destinations. Our social community provides residents with everything they want and need to have a well-balanced college lifestyle, including a vast array of luxurious on-site amenities, such as a 24-hour fitness center, resident clubhouse, grab-and-go coffee bar, exclusive community events, free printing, secure package system, and more.

“Inland continues to be acutely focused on acquiring quality student housing properties at Tier 1 universities,” said Nati Kiferbaum, SVP – head of investment product strategy at Inland Private Capital Corporation. “The sector’s durability, tailwinds, and strong property fundamentals are on full display, and we anticipate this will continue despite the uncertain macroeconomic backdrop.”

Inland Private Capital Corporation (IPC) is recognized as the industry leader in securitized 1031 exchange transactions.1 A subsidiary of Inland Real Estate Investment Corporation (Inland Investments) and a part of The Inland Real Estate Group of Companies, Inc. (Inland). Inland has been delivering value to investors for more than 50 years. Established in 1968 by four Chicago Public School teachers, Inland is involved in every aspect of commercial real estate. Inland’s four founding principals – Dan Goodwin, Bob Baum, Joe Cosenza and Bob Parks – began investing in real estate part-time to earn extra cash while working fulltime as school teachers. In the early 1970s, the group took a leap of faith and started full-time careers in real estate. Their first investors were other teachers, family members and friends. This personal connection and responsibility to investors created a culture of putting investors first, which endures today across Inland’s business entities.