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Owner-occupier deals surged 36 percent in the year-to-date through the third quarter of 2024.
Its outcome could have far-reaching implications for housing policy across the US.
The buyers include Kohan Retail Investment Group, Katan Realty Group, and Ilya Mikhailov.
Additionally, the landlord will invest $300 million in the asset.
This could influence other companies to do the same.
There is growing anticipation that Trump might release the GSEs from government control.
The site has been vacant for nearly 30 years.
The company is targeting Midwest and Sunbelt states.
The real estate investment manager targeted strong fundamentals from high enrollments to job growth.
The real estate firm is looking to take advantage of supply not meeting the demand.