The new ownership, Pebb Student Living and Coastal Ridge Real Estate, will rebrand and improve the 456-bed property. :
The partnership of Pebb Student Living and Coastal Ridge Real Estate has acquired The Cadence, a 456-bed student housing community in Tucson, Ariz., in a $33 million deal. The joint venture plans to rebrand and improve the property. Built in 2013, the two-building community comprises studio, one-, two-, three-, four- and five-bedroom apartments, with washer/dryer units. Common-area amenities include a fitness center, clubhouse, swimming pool, spa, rooftop terrace and business center.