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Joint Venture Acquires 456-Bed Community Near the University of Arizona

Tucson, Ariz. — A joint venture between Pebb Student Living and Coastal Ridge Real Estate has acquired The Cadence Tucson, a 456-bed student housing community located near the University of Arizona. The community offers studio, one-, two-, three-, four- and five-bedroom, fully furnished units with bed-to-bath parity. Shared amenities include a resort-style swimming pool, hot tub, rooftop fire pit and grilling station, on-site retail space, a fitness center, tanning salon, sauna, gaming lounge and a coffee bar. The seller in the transaction was undisclosed.