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Colorado Firm Buys Fifty Twenty-Five for $92.5M

FPA Multifamily Sells 260-Unit, 942-Bed Student Housing Complex Near San Diego State University
The 260-unit, 942-bed Fifty Twenty-Five student housing complex in San Diego. Photo: HFF
The 260-unit, 942-bed Fifty Twenty-Five student housing complex in San Diego. Photo: HFF
By John Lucero
CoStar Research
March 7, 2019 | 6:20 P.M.

Cardinal Group Investments purchased a 260-unit, 942-bed student housing complex in San Diego from San Francisco-based FPA Multifamily. Fifty Twenty-Five sold for $92.5 million, or about $352,000 per unit.

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