The California State University Channel Islands Site Authority wishes to invite interested parties to participate in a Request for Qualifications and Proposal process in order to identify a qualified private investment partner who wishes to acquire and operate under a long-term ground lease 328 multifamily housing units, which are currently owned by the California State University, Channel Islands Site Authority. These units are located adjacent to the university in a development known as University Glen.
The University Glen master planned community was designed to provide 900 residential units and 31,000 square feet of retail and commercial space in the Town Center located adjacent to the campus. To date, the Town Center and 658 of the residential units have been developed, of which 184 are single-family attached and detached for-sale homes and 474 are rental apartments. The University Glen community is a beautiful development nestled in serene location with a unique amenity package and community safety afforded by its proximity to the University. There is almost no vacancy and ongoing demand for units as they become available.
To support the need to finance future campus development campus and provide excellent operational support for the University Glen community, the Site Authority seeks to enter into a public-private partnership with a private investor to acquire and operate 328-multifamily apartments, located in the University Glen community, currently owned by the Site Authority.
Contact Information
Valerie Patscheck, Dir. Procurement & Logistical Services
One University Drive – Lindero Hall Room 1807
Camarillo, CA 93010
Telephone/Fax: 805-437-8436
Email: valerie.patscheck@csuci.edu