500 million milestone

NBPRE reaches $500 million milestone


Nelson Brothers Professional Real Estate recently closed on South Street Station, part of a Class ‘A’ two-property portfolio less than two blocks from Purdue University.


ALISO VIEJO, California – May 12, 2017 – Nelson Brothers Professional Real Estate is thrilled to announce that its latest student housing acquisition has brought the value of its portfolio to more than $500 million.

Nelson Brothers, started in 2007 by brothers Brian and Patrick Nelson, has increased its combined property value by more than 40 percent since the beginning of 2016. This $500 million milestone has now propelled the Aliso Viejo-based company halfway toward its goal of $1 billion in holdings.

“It’s a huge milestone for us,” President and CEO Patrick Nelson said. “For a family-owned company, we’ve come a long way. When we first began our business, we started out of an apartment 10 years ago. This achievement is really a testament of our great people and what they have been able to accomplish in a very competitive field.”

The company has grown to more than 150 employees and now manages more than 30 properties, including three assisted-living facilities.

Last month, the company closed on its $44 million purchase of South Street Station and Grant Street Station, a two-property student housing portfolio less than two blocks from Purdue University in West Lafayette, Indiana. That acquisition comes on the heels of the company’s purchase of Molly Barr Trails and Molly Barr Ridge, two adjacent student housing properties near the University of Mississippi, for $25 million earlier this year.

Principal and co-founder Brian Nelson remarked, “We’re thrilled. We’ve seen tremendous growth since our founding almost 10 years ago. Really, we couldn’t thank our investors, employees and other partners enough for being part of our growth. We’ve been fortunate. Demand for student housing has exploded. I believe that’s because if done right, it can potentially offer a wide range of benefits that we feel a lot of investors are looking for today – stable occupancy, monthly income, excellent tax shelter and long-term growth potential – all anchored by the historical stability of a major university.”


About Nelson Brothers

Nelson Brothers Professional Real Estate, LLC, offers individual investor direct ownership interests in institutional quality, professionally managed real estate. The company, founded by brothers Patrick Nelson and Brian Nelson, focuses on targeted growth opportunities and value-added investments for its clients through capital improvements, cost efficiency, and revenue maximization. Its entities include Nelson Brothers Professional Real Estate LLCNelson Brothers Property Management Inc, and Nelson Brothers Construction Management LLC. Nelson Brothers Professional Real Estate specializes in the acquisition, financing and ownership of real estate investments in the niche areas of student housing and assisted living investments.

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