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AECOM-Canyon Partners JV Snags $73M for Sacramento Student Housing Development
AECOM-Canyon Partners, in a JV with The Martin Group, secured a $73.3 million senior construction loan from Pacific Western Bank to begin the transit-oriented development of Wexler on 65th, a mid-rise student housing project near California State University, Sacramento. Construction of the project is scheduled to commence in June 2020 and deliver by fall 2022.
The 223-unit project will offer a mix of studio, two, three, four, and five-bedrooms, featuring bedroom-bathroom parity, in addition to numerous tenant amenities, ample parking, and roughly 7,400 square feet of commercial space.
The site is located less than a five-minute walk from the university’s Hornet Crossing entrance, and adjacent to several retail and dining options. It is also directly adjacent to Sacramento Regional Transit Authority’s University/65th St. Gold Line light rail station.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development




