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California

Multifamily

Legacy Partners, PGIM acquire 320-unit apartments to convert into Student Housing in Azusa for $92M ($287k/unit)

9/25/2025

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REBusinessOnline

• Subcategory: MF: Market Rate, MF: Student

• Tag: Conversion | JV-Partnership | Redevelopment | Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Conversion: Market Rate-to-Student, Sale: Investment, Sale: Single Property

• Company: Legacy Partners, PGIM Real Estate (Prudential)

PGIM Real Estate (Prudential)

Ryan Quinn | VP, Investments

[email protected]

Legacy Partners

Timothy O'Brien | Senior Managing Director, Development-Southern California/Arizona/Nevada

[email protected]

PGIM Real Estate (Prudential)

Nevena Vujic | VP, Transactions-SoCal, Phoenix, Las Vegas

[email protected]