Akara Partners and Deven Group advance their San Diego student housing portfolio by securing financing for the 5077 College Avenue project, targeting a 2028 delivery date.
Akara Partners closed financing on a major student housing development, signaling project momentum and capital deployment.
Deven Group closed financing on a major student housing development, indicating a successful partnership and investment commitment.
Akara Partners and Deven Group have successfully closed financing for a new transit-oriented student housing project located at 5077 College Avenue in San Diego. The development, situated near the San Diego State University campus, is scheduled to open for the 2028–29 academic year.
The project is a transit-oriented student housing development designed to serve the San Diego State University community.
The development is scheduled for completion in time for the 2028–29 academic year.