Multifamily news in Development - Sacramento
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JV Scores $73M Loan for Sacramento Student Housing Project
The 223-unit mid-rise property is located within walking distance of the local California State University campus.
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Aegon Launches Opportunity Zone Platform
The firm formed a joint venture with a subsidiary of Kemper Corp. to develop a $60 million project in Sacramento.
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JV Breaks Ground on Sacramento Affordable Community
The two buildings totaling 65 units will serve veterans, low-income families and individuals with special needs in Roseville. The project is slated for completion in Fall 2020.
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Rehab Complete on Affordable Sacramento-Area Property
Community Preservation Partners invested $35.6 million at Danbury Park Apartments, a 140-unit asset in Antelope, Calif. Ten percent of the community is now ADA compliant.
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SKK Developments, Grupe Co. Complete Sacramento Community
The newly completed property is located in the heart of Sacramento near major thoroughfares such as Interstate 80 and Freeway 50.
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Largest US Student Housing Project Breaks Ground
Developed by the Michaels Organization and designed by Stantec, the $575 million UC Davis West Village community will have a total of 3,300 beds, with 1,000 scheduled for delivery by fall 2020.
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Top 5 Communities Under Construction in Sacramento
With more than 5,500 projects underway—including the city's largest in several decades—and strong employment gains, Sacramento remains a hot multifamily market.
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JV to Open Sacramento Student Housing
GMH Capital Partners and AGC Equity Partners are developing The Academy on 65th, which will serve students at California State University. The 305-bed community will feature bike storage, covered parking and a motion studio.
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HighBridge to Develop 708-Bed Community Near UC Davis
The company obtained approval for the construction of Lincoln40, a 130-unit California community, slated for a 2020 completion.
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29th Street Capital Expands Sacramento Footprint
Located at 2081 West La Loma Drive, Sycamore Square Apartments is a 140-unit multifamily community which will be subject to a $1.2 million renovation program.
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Sacramento’s Affordable Housing Crisis
Is the city aggressive enough in solving affordable housing problems? Mayor Darrell Steinberg doesn't think so.
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Sagora Senior Living Breaks Ground on First CA Community
The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.
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Walker & Dunlop Originates $34M Loan for CA Affordable Asset
The loan will be used to finance Campus Oaks Phase I, an affordable community in suburban Sacramento. Walker & Dunlop worked on behalf of The Canel Cos.
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JV Opens $30M Workforce Housing in Sacramento
The 77-unit West Gateway Place, co-developed by Jamboree and the West Sacramento Housing Development Corp., is designed to achieve a LEED Silver certification.
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AMCAL Breaks Ground on Sacramento Student Housing
The 225-unit development is scheduled for completion in August of next year.