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Raleigh, NC-based Preiss and a private real estate fund advised by Crow Holdings Capital have closed on the purchase of the 694-bed Luxx student housing complex that serves the University of Texas San Antonio.
The deal adds to Brookfield's portfolio in Boston that includes 13 office and life science properties totaling more than 3 million square feet and six multifamily properties.
With 2.6 million people, almost half of Bay Area adults, using a KQED service each week, the KQED board of directors decided to renovate its building at 2601 Mariposa to allow for future growth in years to come.
Three micro apartment buildings each sold at full list price of $28.4 million total, demonstrating the continued demand for this type of unit despite city regulations barring new micro-unit construction.