# Core University Living Real Estate Income Trust — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_e417621149323696cc2b · retrieved 2026-08-11T16:12:47.309Z

## Overview
Core University Living Real Estate Income Trust is a real estate investment trust that acquires and operates student housing properties.

On July 22, 2026, Core University Living Real Estate Income Trust completed the purchase of a portfolio of four student housing properties located in Lexington, Kentucky; Morgantown, West Virginia; and Gainesville, Florida (two properties) for a purchase price of $303,500,000, excluding closing costs. The seller was a joint venture between a third party and an entity owned by principals of Core Spaces, LLC, the Company's sponsor. As of March 31, 2026, the Seed Portfolio was 99.4% pre-leased for the 2026-2027 academic year. The Company funded the acquisition with proceeds from a mortgage loan secured by the Seed Portfolio and proceeds from the sale of the Company's shares.

## Terms
- Counterparty: Joint venture between a third party and an entity owned by principals of Core Spaces, LLC · Deal value: $303.5M · Consideration: mixed

## Key dates
- Announced 2026-07-28

## Timeline
- 2026-07-28 · 8-K (0001193125-26-320597): 8-K - Core University Living Real Estate Income Trust — *Core University Living Real Estate Income Trust is a real estate investment trust that acquires and operates student housing properties.* On July 22, 2026, Core University Living Real Estate Income Trust completed the purchase of a portfolio of four student housing properties located in Lexington, Kentucky; Morgantown, West Virginia; and Gainesville, Florida (two properties) for a purchase price of $303,500,000, excluding closing costs. The seller was a joint venture between a third party and an entity owned by principals of Core Spaces, LLC, the Company's sponsor. As of March 31, 2026, the Seed Portfolio was 99.4% pre-leased for the 2026-2027 academic year. The Company funded the acquisition with proceeds from a mortgage loan secured by the Seed Portfolio and proceeds from the sale of the Company's shares.
  https://www.sec.gov/Archives/edgar/data/2119505/0001193125-26-320597.txt

## Citations
- 0001193125-26-320597 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526320597