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5/01/25
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Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community in Downtown San Diego, has been refinanced with a new senior loan for $110 mil. The money was provided by PCCP LLC.
Located at 310 A St, Stanza offers luxurious studio, one-, and two-bedroom apartments in a central Downtown San Diego location. The property features modern finishes with upscale amenities, including chef-inspired kitchens, granite and quartz countertops, and premium appliances.
Residents have access to a resort-style pool deck on the 22nd floor, a 24-hour fitness center with an outdoor terrace, and a fully equipped social lounge. Upper floors at the property provide sweeping views of Downtown San Diego and the waterfront.
Stanza sits a few blocks away from popular neighborhoods such as Little Italy, the Gaslamp Quarter, and the Marina District. The area surrounding the community provides a variety of dining, shopping, and entertainment options, along with attractions like the Mercato Farmers' Market and India Street in Little Italy.
Downtown San Diego has one of the strongest renter markets in the country, ranking among the top markets in the country for the percentage of renter households. Within one mile of the Stanza, 91% of residents are renters, with more than 60% of those living within three to five miles also renting, providing a strong renter base for the property.
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