Mosaic Investment Completes First Ground-Up Development
Mosaic Investment Partners, the development affiliate of Mosaic Student Communities, has completed Tessera, a $56-million, purpose-built student housing community located at 1069 W. Exposition Blvd., near the University of Southern California (USC) campus. Tessera represents the firm’s first ground-up development and largest project to date.
A ribbon-cutting celebration is scheduled for Friday, May 1. The event will feature California Senate President pro Tempore Monique Limón as the keynote speaker and bring together other elected officials, development partners, and community stakeholders to commemorate the project’s completion and impact.
“Tessera represents a defining milestone for our firm,” said George Alva, co-founder of Mosaic Investment Partners. “We set out to create more than student housing—we envisioned a thoughtfully designed, community-centered environment that supports academic success, fosters community, and reflects the energy of the USC neighborhood. Tessera embodies our commitment to design excellence and long-term investment in student-oriented communities.”
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout