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IPA Closes Sale of Student Housing Adjacent to UCLA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, CLOSED the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California

Summary

Institutional Property Advisors (IPA), a division of Marcus & Millichap, CLOSED the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California, Los Angeles (UCLA) in the city’s Westwood neighborhood.

The transaction is the largest property by unit count to sell in Westwood since 2020, according to IPA.

The sale...

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