Harbor Group International (HGI) and Azure Partners as joint venture partners have acquired Jefferson Vista Canyon, a 480-unit class A apartment community in Santa Clarita, Calif. The seller was JPI.
“We are excited to announce our first acquisition in California and expect this transaction to serve as a springboard to more opportunities in the western United States as we seek to expand our presence in the region,” said Bryant Ferber, Azure’s managing director and head of acquisitions. “Jefferson Vista Canyon aligns perfectly with our core investment strategy to acquire best-in-class assets in submarkets with strong growth trajectories.”
Built in two phases from 2020 to 2021, Jefferson Vista Canyon features contemporary finishes and desirable amenities unique to other communities in the area, including resort-style pools and a rooftop deck. Interior units include a mix of studio, one-, two- and three-bedroom layouts.
The Jefferson Vista Canyon Apartmen