Campus Crest to be bought by Harrison Street for $1.9 bln: Reuters

Campus Crest Communities Inc, a student housing real estate investment trust, said it agreed to be bought by privately held Harrison Street Real Estate Capital LLC for US$1.9 billion, including debt, Reuters reported. The deal, valued at US$7.03 per share, includes US$6.90 in cash and net proceeds from the company's sale of its evo Montréal joint venture, the company said.

DealsCanadaNorth AmericaBriefs