News & Views

News & Views

The Mogharebi Group Retained as Exclusive Agent for 100 Unit UC Santa Barbara Portfolio

Dec. 14, 2018
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SANTA BARBARA, Calif.–(BUSINESS WIRE)
THE MOGHAREBI GROUP has been retained as the exclusive listing agent for the largest privately owned multifamily portfolio that has been available in the UC Santa Barbara market in years.
View the full release here:
https://www.businesswire.com/news/home/20180829005470/en/

The portfolio comprises 10 individual properties totaling 100 units in the coastal community of Isla Vista, that is the residential location of choice for UC Santa Barbara students.

“Student housing in Santa Barbara is among the most compelling investments I’ve seen,” said Alex
Mogharebi, Founder and President of The Mogharebi Group. “This portfolio offers investors the
opportunity to acquire 100 units in an extremely supply constrained submarket providing uncommon
economies of scale for the area. Due to the premiere location, unit mix, and quantity, conversion to
student housing provides the right investor significant upside in one of the most desirable student
housing markets nationally.”