$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.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI