Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
Conceptual rendering of The Trails at Canyon Crest
Van Daele Homes, the owner of The Trails at Canyon Crest, has selected The REMM Group to handle management at its upcoming luxury community. The 216-unit multifamily development in the Inland Empire broke ground in October 2017, and the Architects Orange-designed property is due to open in phases, starting in the spring of 2019.
Van Daele owns the development in a joint venture with Ares Management, according to Yardi Matrix. In August last year, the owner landed a $32.2 million construction loan, held by U.S. Bank, to fund the project.
Convenient location, high-end amenities
Located at 5377 Quail Run Road in Riverside, Calif., the 30.9-acre development site is positioned one mile from Interstate 215, providing access into Los Angeles and throughout southern California. The Canyon Crest Towne Centre shopping center sits a short distance away, offering numerous shopping and dining options.
Plans for the property’s 13 two- and three-story buildings call for a mix of one-, two- and three-bedroom units, ranging in size from 665 to 1,095 square feet. On-site amenities will include a swimming pool, a spa, a fitness center and a clubhouse. Some apartments will include private garages, and the asset will contain a total of 385 parking spaces.
Image courtesy of Van Daele Homes
