FPA Multifamily Buys 625 Broadway in San Diego

Reported Oct 27, 2026 · Source: The Registry

Source: The RegistryRead the full report at The Registry ↗

Deal details

Buyer
FPA Multifamily
Seller
Cain International
Price
$62M
Size
231 units
Price per unit
$268,398 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
San Diego Central (Kearny Mesa / Downtown / Mission Valley)
Metro
San Diego
Reported date
Oct 27, 2026

Summary

FPA Multifamily paid $62MM for Cain International's 231-unit 625 Broadway, the apartment conversion of downtown San Diego's first high-rise. FPA Multifamily Buys Cain International’s 231-Unit 625 Broadway in Downtown San Diego for $62MM. Source: The Registry.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Registry

Read the full report at The Registry. What the article says:

  • Deal / Price / Size / Buyer / Seller
    FPA Multifamily paid $62MM for Cain International's 231-unit 625 Broadway, the apartment conversion of downtown San Diego's first high-rise.
  • Deal
    FPA Multifamily Buys Cain International’s 231-Unit 625 Broadway in Downtown San Diego for $62MM
  • Price
    FPA Multifamily paid $62 million for 625 Broadway, the 231-unit apartment conversion of downtown San Diego's first high-rise, less than half the $143 million Cain International and a partner paid in 2020, and at a steep per-unit discount to the quarter's top suburban deals.

Article date: 2026-10-27T12:23:00+00:00

Frequently asked questions

Who bought 625 Broadway?
FPA Multifamily bought 625 Broadway in San Diego Central, according to The Registry.
How much did 625 Broadway sell for?
The reported price is $62M, per The Registry.
Who sold 625 Broadway?
The seller was Cain International, per The Registry.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.