EF Education First Acquires William Carey International University In Pasadena

The William Carey International University in Los Angeles has been sold for approximately $40,000,000. The university, located at 1539 East Howard Street, spans 15 acres in the Pasadena market. With a price per square foot of $61, this deal represents a significant transaction in the education sector.

Summary of transaction details

• Property Type: University
• Transaction Amount: $40,000,000 (Approx.)
• Address: 1539 East Howard Street, Los Angeles
• Market: Pasadena
• Square Footage: 15 Acres
• Price per Square Foot: $61

The buyer, EF Education First, was represented by Shawna Marino. EF Education First, founded in Sweden in 1965, is a global education company with offices in 116 nations. The seller, William Carey International University, enlisted the services of Keith Mathias from RK Capital Real Estate Group as their broker.