Thelargest single-asset transaction in the student housing sector todate is Sol at West Village.
DAVIS, CA—Recently sold Sol at West Village, a 2,289-bed663-unit luxury student housing community, represents the largestsingle-asset transaction in the student housing sector to date. Atnearly $293 million, it surpasses the $235 million University Viewtransaction sold in 2018. The joint venture owners are LandmarkPartners and Ocean West Capital Advisors.
CBRE national student housing and CBRE Sacramento multifamilyrepresented the undisclosed seller. CBRE's Jaclyn Fitts, WilliamVonderfecht and Casey Schaefer with the student housing teamrepresented the seller in partnership with CBRE's Marc Ross inSacramento.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
