Shidler Group Bolsters Sacramento Portfolio With $115M Student Housing Acquisition

Honolulu-based Shidler Group expands its student housing portfolio with the $115M purchase of Wexler on 65th, a 762-bed luxury community near CSU Sacramento.

By: AXL Media

Published: Mar 11, 2026, 6:38 AM EDT

Source: https://www.multihousingnews.com/

Asset Overview and Development History

Wexler on 65th is a modern, 223-unit community that encompasses two buildings rising five and six stories. The project was initially funded by a $73.3 million construction note from Banc of California and was designed to meet the growing demand for "purpose-built" student housing near the CSUS campus. Spanning a unit mix from efficient one-bedroom layouts to massive five-bedroom floorplans (445 to 1,625 square feet), the property caters to a diverse student demographic while integrating nearly 8,000 square feet of ground-floor retail space.

Strategic Location and Student Connectivity

Located at 1500 67th St., the property is positioned within a high-traffic student corridor:

Campus Access: Within walking distance of California State University, Sacramento.

Athletics & Leisure: Just one mile from Hornet Stadium.