LaSalle Investment Management acquires 27 North Apartments student housing community in San Jose
Type: Acquisition · Technology: Hospitality · Country: United States · Announced: 2026-09-25
LaSalle Investment Management acquired 27 North Apartments, a seven-story class A student housing community located in San Jose, California. The 119-unit, 482-bed property sits on approximately 1.1 acres near San Jose State University and was built in 2016. Dinerstein Cos. will serve as the property's operating partner, and the community is currently 100 percent occupied. The acquisition was completed on September 25, 2026.
Analysis
LaSalle Investment Management acquired 27 North Apartments, a 119‑unit, 482‑bed, seven‑story Class A student housing community in San Jose, California, on September 25 2026. Dinerstein Cos. will serve as the operating partner for the property. The community, built in 2016, sits on approximately 1.1 acres near San Jose State University and is 100 percent occupied. No financial terms, contract length, or purchase price were disclosed in the announcement.
Key points
- LaSalle Investment Management acquisition of 27 North Apartments
- 119 units and 482 beds on 1.1 acres
- Located near San Jose State University, built in 2016
- Operating partner: Dinerstein Cos.
- Acquisition completed on September 25, 2026; purchase price not disclosed
Counterparties
- Dinerstein Cos (Operating Partner)
- LaSalle Investment Management (Buyer)
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