Logan, Utah – October 16, 2024 – XFD Management is pleased to announce its appointment as the property manager for 800 Block, a premier 368-bed student housing community located adjacent to Utah State University. Delivered in 2022, 800 Block stands as the newest and most highly amenitized property in the Logan market, situated just 27 feet from the university campus.
The property is owned by Anchor Real Estate Capital, a California-based real estate investment firm that has partnered with XFD on nearly $200 million in value-add acquisitions since 2020. This collaboration underscores both companies’ commitment to providing exceptional student housing experiences across the nation.
“We are honored to expand our partnership with Anchor Real Estate Capital through the management of 800 Block,” said Samuel Mtunga, Founder & CEO of XFD Real Estate. “Our strategic vision is to reposition 800 Block to its rightful status as a market leader by enhancing operational efficiencies and elevating the resident experience.”
800 Block offers a range of modern amenities designed to enhance student life, including a private courtyard, game room, hot tub, and a parking garage for residents. Its prime location and contemporary features make it the leading housing option for Utah State University students.
For more information about 800 Block, please visit https://liveat800block.com/
About XFD Management
XFD Real Estate is a student housing investment and management firm specializing in the development and acquisition of purpose-built student housing, and the repositioning of undermanaged assets Founded in 2016, XFD focuses on creating value through strategic value-add acquisitions, high-touch operations and capital improvement execution, and a disciplined approach to the development of new assets.
About Anchor Real Estate Capital
Anchor Real Estate Capital is a private equity investment management firm focused on the acquisition, development, and management of real estate assets in the United States. With a collaborative, multi-disciplinary approach, Anchor conducts extensive due diligence and market research to deliver superior investment outcomes.