Episode Details

San Jose’s student housing scene just got a major upgrade as 27 North, a downtown complex for San Jose State students, sold for $59.4 million to Texas-based The Dinerstein Cos. — a seasoned player in nationwide student housing development. This deal is part of a booming trend in San Jose, where investors are snapping up apartments and senior living spaces alike. Built in 2016 with resort-style amenities and prime campus access, 27 North joins a growing wave of real estate activity in the city — even after setbacks like the foreclosure of the Fay Tower, which was later acquired for $175 million by WeWork’s Adam Neumann. The market’s momentum shows no signs of slowing, especially for student-focused properties.

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