Login

JP Morgan JV Buys Student Housing for $42.5M

Transwestern Closes Sale of University of California, Santa Barbara Apt. Portfolio
By Emily Sheeder
January 30, 2007 | 2:05 P.M.

A joint venture between JP Morgan Alternative Fund and Education Realty Trust purchased Fontainebleu, a University of California, Santa Barbara student housing community, from Hammitt Family Trust for $42.5 million or $425,000 per unit.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | JP Morgan JV Buys Student Housing for $42.5M