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Greystar Real Estate Partners sells San Diego Apartment Community
Transactions - JANUARY 18, 2022

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Greystar Real Estate Partners sells San Diego Apartment Community

by Released

Greystar Real Estate Partners has sold EV Lofts, a 208-unit class-A apartment community in Downtown San Diego's trendy East Village neighborhood.

The buyer is Griffis Residential. The financial terms were not disclosed.

"This was a rare opportunity to acquire a class-A institutional asset in one of San Diego's best neighborhoods, East Village,” said Hunter Combs of Walker & Dunlop, which represented the seller in the disposition to the buyer. “In addition to an extremely high level of interest in the opportunity, investors were bullish on Downtown and forecasting major tailwinds due to the explosion of new office in the pipeline, including IQHQ, The Campus at Horton Plaza and Kilroy Little Italy, just to name a few.”

Built in 2015 by nationally recognized developer OliverMcMillan, EV Lofts is a mid-rise community featuring best-in-class design and finishes. The property features luxury amenities, including a rooftop deck, resident lounge, fitness cente

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