A Hawaii-based investor has quietly scooped up one of Sacramento’s largest off-campus student housing complexes, taking a prime position just a block from California State University, Sacramento. The Shidler Group has acquired the Wexler on 65th, a roughly 762-bed community serving Sac State students, in a deal first reported Saturday.
Deal details
As reported by the Sacramento Business Journal, the Honolulu-based Shidler Group purchased the Wexler on 65th near Sac State, a purpose-built student complex with about 762 beds. The sale price was not disclosed.
Who is Shidler?
The Shidler Group is a Honolulu-headquartered investment firm that specializes in long-term land and leased-fee interests beneath multifamily properties, a…..