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$70M San Diego Student Housing Sale


San Francisco-based FPA MultiFamily bought Fifty Twenty-Five for $70M. The 942-bed, Class-A luxury student housing community serves San Diego State University. Completed in 2010, Fifty Twenty-Five is a LEED Gold-certified property with a mix of studio, two- and four-bedroom floor plans less than a mile from campus at 5025 Collwood Blvd. Spread across four six-story buildings, the complex is more than 97% occupied. HFF directors Hunter Combs and Zack Holderman brokered for the undisclosed seller.