American Real Estate Partners and Harrison Street Asset Management Complete CityHouse Old Town, the Market's First Office-to-Residential Conversion

MCLEAN, Va. & CHICAGO--(BUSINESS WIRE)--American Real Estate Partners (“AREP”), an institutional fund manager and real estate developer, and Harrison Street Asset Management (“HSAM”), a leading alternative global investment management firm with over $108 billion in assets under management, announced their joint venture completed an office-to-residential conversion of CityHouse Old Town (CHOT), a luxury rental community featuring 199 residences in the heart of Old Town, Alexandria. The project m.