Sales Deals of the Week: KKR Buys Multi-State Student Housing Portfolio

The top five sales across the country from April 22 to April 26


Housing was the word of the week on the lips of dealmakers with Blackstone selling off $1.6 billion worth of student housing around campuses in multiple states while in New York City Rudin is selling off an office tower for $160 million, with the new owners planning to convert it to residential.

Amount Address Buyer Seller Brokers Asset
$1.6 billion 19-property portfolio KKR Blackstone Real Estate Income Trust N/A Student housing
$160 million 80 Pine Street Bushburg Rudin Eastdil Secured’s Gary Phillips and Will Silverman Office
$72.5 million 4735 Sepulveda Boulevard Abacus Capital Group Alliance Residential Company N/A Multifamily
$47 million 45-40 Vernon Boulevard ZD Jasper Realty Quadrum Global, Baron Property Group and Simon Development JLL’s Brendan Maddigan, Rob Hinckley, Michael Mazzara, Ethan Stanton, Winfield Clifford and Vickram Jambu Development site
$44.5 million 1200 North Queen Street and 1225 North Pierce Street Bozzuto Group Gables Residential N/A Multifamily

Sales Deals of the Week reflects deals closed or announced from April 22 to April 26. Information on sales can be sent to