Akara Partners, Kajima-Backed Deven Group Close Financing on 305-Bed, 99,000 SQFT Student Housing Tower at SDSU

Miami-based Akara Partners and Orlando-based Deven Group, the U.S. development arm of Japan's Kajima Corp., have closed construction debt and equity for an eight-story, 305-bed student housing building at College Avenue and Montezuma Road that the partners say will sit closer to San Diego State University's campus core than any competing purpose-built property.