Pacific Urban Investors Expands Southern California Portfoli

Pacific Urban Investors Expands Southern California Portfolio with Acquisition of La Scala in Highly Desirable San Diego Submarket

PALO ALTO, CA - Multifamily owner-operator and investment manager Pacific Urban Investors acquired La Scala, a 354-unit apartment community in the La Jolla / University Town Center (UTC) submarket of San Diego, CA, on July 14, 2023. The property was renamed Veranda La Jolla (the “Property”) and marks Pacific’s 22nd acquisition in the San Diego Market. Veranda is Pacific’s second investment in UTC in recent months, following the company’s purchase of the 400-unit...

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