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Legacy Partners, PGIM Acquire Student Housing Community in Azusa, California for $92M

Summary by REBusinessOnline
AZUSA, CALIF. — A joint venture between Legacy Partners and PGIM has purchased University Village, a student housing property in Azusa, from Azusa Pacific University for $92 million. The community will be rebranded as Citrus Place Apartments and will be available for leasing by the end of September. Built in 1985, the property was previously used as student housing by Azusa Pacific University until the end of spring semester 2025. Located at 801…
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REBusinessOnline broke the news in on Thursday, September 25, 2025.
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