Campus Crest wraps up sale of evo Montréal joint venture
Campus Crest Communities Inc (NYSE: CCG), which last month agreed to be acquired by Harrison Street Real Estate Capital for US$1.9 billion, has closed the sale of its evo Montréal joint venture. Evo is a student housing facility. As a result, Campus Crest now has no interests outside of the United States and has been released from a $56 million debt guarantee associated with the joint venture. The October agreement with Harrison Street accounted for the sale.
2 November 2015•6 mins read
