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Joint venture with Haseko Corporation to provide 344 apartments in well-located L.A. County rental housing submarket

IRVINE, Calif. (March 10, 2020) – MBK Rental Living recently announced the acquisition of a 4.3-acre site in Duarte, California, for a new 344-unit luxury apartment community. A joint venture with Haseko Corporation, the five-story transit-oriented development, just steps away from the City of Hope Metro Gold Line Station, will offer studio, one-, two-, and three-bedroom apartment homes only 11 miles from downtown Pasadena and 22 miles from downtown Los Angeles along the vibrant Interstate I-210 corridor.

“Delivering luxury amenities and elevated lifestyle in this high-demand, highly-connected L.A. County market is an exciting opportunity for MBK and Haseko,” said MBK Rental Living President Craig Jones. “Adjacency to transportation options, including the L.A. Metro Rail and the I-210 and I-605 interchange between Pasadena and the Inland Empire, enhances the lifestyle and convenience this rental community will offer to a diverse range of renters, from students and families to professionals and empty nesters.”

Shared amenities at the new pet-friendly community will include a unique rooftop fitness center and resort-style pool and spa with scenic views of snowcapped mountains. In addition, residents will enjoy access to outdoor entertainment and cooking spaces, co-working venue, dog park, pet washing station, parks located throughout the community, and linear park that runs the entire length of the community. Residents will have easy access to Target, Trader Joe’s, Walmart, and other major retail and entertainment options. The community is also in close proximity to employment centers and community services including City of Hope, a 120-acre comprehensive cancer treatment center that is currently expanding.

This new apartment community will offer residents convenient access, via train and freeway, to Pasadena and downtown L.A. to the west and the Inland Empire, including universities and Ontario International Airport, to the east. The location is also close to historic Route 66 and the historic towns of Monrovia and Bradbury.

“This land acquisition demonstrates the expertise of the MBK team in sourcing, securing, and optimizing the entitled project design, and the power of a strategic partnership between Haseko and Mitsui, who each have a long track record of success in Japan. We are very excited to be expanding our existing relationship with Haseko in developing real estate in California,” Jones said.

Construction on the luxury apartment community, which will include a six-story parking structure, is scheduled to start in late 2020, with the grand opening slated for mid-2023.

About MBK Rental Living

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to be the preeminent lifestyle developer focused on creating communities that deliver value for their residents, partners, and investors. Throughout its 30 years, MBK has earned a reputation for delivering award-winning customer satisfaction in housing that is innovative in design, comfort, sustainability, and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s family of companies spans a wide spectrum of real estate development, including apartment development, industrial, and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza, Suite 1700, Irvine, CA 92614; or visit their website at www.MBKRentalLiving.com.

About Haseko Corporation

Haseko Corporation, established in 1937, is a Japanese-based construction company mainly specializing in the development of residential condominiums.  The company has built approximately 640,000 condominium units throughout Japan since 1968, equivalent to roughly

10% of Japan’s condominium stock.

Haseko America, Inc., a wholly-owned subsidiary of Haseko Corporation, has been developing residential, commercial, and resort properties in Hawaii since 1973, including luxury resorts, residential communities, commercial properties, and upscale condominiums on Oahu, Maui, Kauai, and the Big Island. To date, the company has sold 4,000 single-family homes in Hawaii.

Construction is underway at The Strand, slated to openin early 2021
Irvine, Calif. (January 16, 2020) – MBK Rental Living and DesCor Builders announced that construction is underway at The Strand, a two- and three-story garden-style apartment community located in West Sacramento. Offering upscale living with easy access to the capital city, the MBK Rental Living community will include408 apartment units with studio, one-, two- and three-bedroom options. Sacramento metro-based DesCor Builders is the general contractor.

Located on more than 20 acres at Lighthouse Drive and Douglas Street within the Rivers master-planned community, The Strand will offer residents multiple floor plans with units ranging from 562 square feet for studios to 673 to 1187 square feet for the one-, two- and three-bedrooms. Each apartment unit will feature luxury interior finishes including modern cabinetry, quartz countertops, stainless-steel G.E. appliances and distinctive wood-style flooring. Community amenities will include a clubhouse, two pools and a spa, fitness center, dog park and playground.

Recent News
MBK RENTAL LIVING ACQUIRES 4.3 ACRES IN DUARTE, CALIFORNIA, FOR NEW LUXURY APARTMENT COMMUNITY
MBK RENTAL LIVING AND DESCOR BUILDERSTEAM UP ON 408-UNITLUXURY APARTMENT PROJECTIN WEST SACRAMENTO
MBK RENTAL LIVING ANNOUNCES GRAND OPENING OFA NEW LIFESTYLE APARTMENTCOMMUNITY IN MURRIETA
“This well-located infill project will bring much needed housing to the Sacramento area at an amenity level that complements the Rivers master-planned community,” said Craig Jones, president of MBK Rental Living.“The city’s population expanded by more than 62 percent during a recent 15-year period.1 The Strand will cater to area growth with both style and substance.”
The apartment community will offer easy access to West Sacramento’s 11 miles of river frontage and 60-mile bike network, as well as many dining, entertainment and cultural destinations in the immediate neighborhood and downtown Sacramento, including Sutter Health Park. The Strand residents will be able to conveniently connect to transportation corridors and employment centers, such as the California State Teachers’ Retirement System West Sacramento campus, which is currently adding a new 10-story, more than 250,000-square-foot tower.

“We are excited to bring our general contracting expertise and strong Sacramento-area knowledge and relationships to this quality MBK Rental Living project,” said Tyler Ganyo, partner at DesCor Builders, which has completed more than $50 million worth of construction projects in the area. “MBK and DesCor both believe in a collaborative, high-communication approach which translates into a smooth construction process and, of course, a high-quality end product.”

Pre-leasing is projected to start in third quarter2020.

About MBK Rental Living
MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1700, Irvine, CA 92614; or visit the website at MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1700, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

About DesCor Builders
DesCor Builders, founded in 2005 by Brad Des Jardin and Neal Cordeiro, is a licensed general contractor, based in Rancho Cordova, Calif., providing both full-service preconstruction, general contracting and construction management services throughout Northern California. DesCor’s team is made up of committed construction professionals whose purpose is to build a lasting legacy of great buildings and even greater relationships. Their people and perfected practices ensure construction projects that are accurately planned, astutely managed and delivered on time for the best value with no surprises.

Located in one of California’s fastest-growing cities, Mitchell Place will deliver modern apartments and amenities for all ages

MURRIETA, Calif. (August 15, 2019) –MBK Rental Living announced today the grand opening of Mitchell Place, alifestyleapartment community in Murrieta.The new gated neighborhoodconsists of 78 flats and 152 townhomes with nine floorplans, ranging from 787 to 1,409 square feet. Mitchell Place offers one-, two- and three-bedroom residences featuring luxury interior finishes including modern cabinetry, quartz countertops, stainless-steel appliances, full-size washers and dryers, contemporary lighting and distinctive wood-style flooring. To mark the occasion, a public grand opening celebration will be held on August 17 from 11 a.m. to 4 p.m. In addition to two model homes to tour, the event will also include food and refreshments, giveaways and a blood drive in partnership with Inland Empire non-profit LifeStream Blood Bank.

“With the grand opening of Mitchell Place and all it has to offer, Murrieta residents now have the option to live beyond their expectations. This unique location was specifically designed to appeal to a broad spectrum of apartment home dwellers – includingsingles,couples without children, roommates,young families with children, pre-retirees and retirees. The properties offers proximity to impressive schools, well-designed floor plans and enjoyable amenities,” said Craig Jones, president of MBK Rental Living. “We’re bringinglifestyle apartment homes to a destination city that continues to grow in population and surrounding amenities. Mitchell Place will enhance Murrieta’s charm and versatility.”

Mitchell Place boasts a unique community design with connected amenity spaces including beautifully landscaped courtyards, fire pits, Wi-Fi access in common areas, resort-style pool and spa, fitness center with state-of-the-art equipment, dog park, pet wash station, package lockers, open lawn areas with barbecues, outdoor lounge, playground, clubhouse with full kitchen, and professional on-site management by Alliance Residential.

The community is served by the award-winning Murrieta Valley Unified School District,is in close proximity to San Diego County with a commutable distance to Riverside, Orange County, Los Angeles County, Temecula, and Camp Pendleton, and has easy access to two major freeways: I-15 and I-215. Just minutes away from Temecula Wine Country, which features more than 40 award-winning wineries, Mitchell Place is conveniently situated near charming, historic downtown Murrieta, which is currently undergoing a revitalization plan that includes shopping, walking and biking options—and new vibrancy. Additionally, the community has nearby golfing, sports, the Mulligan Family Fun Center, and parks and wildlife.

Mitchell Place is located at 35995 Mitchell Road, Murrieta, California 92562. Leasing is currently underway, with rents starting at$1,600per month. For more information, please visit https://mitchellplace.com/.

About MBK Rental Living

MBK Rental Living, LLC is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award-winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value.

MBK Rental Living,LLC is a division of MBK Real Estate LLC, the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, industrial and senior housing divisions.

MBK Rental Living, LLC is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1700, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

Recent land acquisition toprovide2- and 3-story luxury garden-style apartments in a growingrental housing market

IRVINE, Calif. (April9, 2019) – MBK Rental Living today announced the acquisition of a 14.5-acre sitein Santa Maria, California, and the first for the company inSanta Barbara County. Upon completion, the new lifestyle rentalcommunity,Azure,will include 318 two- and three-story luxury garden-style apartments ranging in size from 406 square feet to 1,211 square feet.MBK Rental Living purchased the land fromEaston Plaza, L.P.

“Azure willprovidenew apartments in a market wherequality of life and new jobs are attracting new residents, but where rental housing is in short supply,” saidMBK Rental Living President Craig Jones. “Delivering luxury amenities and quality construction in an areawith close proximity to schools, shopping, and outdoor activities, Azure will attract residents of all ages, from growing families and young professionals to empty nesters.”

Shared amenities at the new communitywill include two pools, two hot tubs, a dog park, sports court, a fitness center, and playground. Residents will have access to shopping including Costco, Lowes, Best Buy, Kohl’s, Target, Trader Joe’s, Walmart, and Office Depot as well as dining options such as In-N-Out Burger, Buffalo Wild Wings, and many popular BBQ restaurants serving famous Santa Maria-style barbecue.

Residents will also enjoy easy access to US 101 leading to Santa Barbara, San Luis Obispo, Los Padres National Forest, Solvang, Los Olivos, and nearby beaches.

Grading of the site is anticipated in Spring2019 and leasing expected to begin in mid-late 2020.

About MBK Rental Living

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

Construction is underway at Evolve South Bay, a 300-unit apartment community that will provide much-needed rental options in the region

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

About MBK Rental Living

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to be the preeminent lifestyle developer focused on creating communities that deliver value fortheir residents, partners, and investors. Throughout its 30 years, MBK has earned a reputation for delivering award-winning customer satisfaction in housing that is innovative in design, comfort, sustainability, and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s family of companies spans a wide spectrum of real estate development, including apartment development, industrial,and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza, Suite 1700, Irvine, CA 92614; or visit their website at www.MBKRentalLiving.com.

About Snyder Langston

Snyder Langston is a master builder that provides a client-centric approach to the building process. Since 1959, the firm has partnered with the finest architects, developers, and users to build a diverse selection of projects across Southern California. In 2005, Snyder Langston Residential was formed to address California’s long-term need for high-density residential space that would respond to the market demands of a growing urban population, and provide specialized services for complex, vertical multi-family construction. Since its beginning, this dedicated group has effectively deployed the quality and mastery Snyder Langston commercial projects are known for to the residential sector and has built over $1 billion of work in mixed-use condominium, affordable housing, multi-family, memory care and senior living communities. The Snyder Langston team takes great pride in our projects, and we find even greater accomplishment in the relationships built along the way. Snyder Langston is headquartered in Irvine, CA with offices in Pasadena and El Segundo. Learn more at www.snyderlangston.com.

Construction is underway at Artesa at Menifee Town Center, slated to openearly 2020

Irvine, Calif. (February6, 2019) – MBK Rental Living and R.D. Olson Construction announcethe groundbreaking of Artesa at Menifee Town Center, a Spanish mission-style apartment community located in the heart of Menifee.Offeringurban-style living in a small-town setting, the MBK Rental Living community will include 37 two- and three-story walk-up apartment buildings with one-, two- and three-bedroom options.The 15-acre apartment complex is general contractor R.D. Olson Construction’s third multifamilyproject in Riverside County and the largest in the firm’s history.

Located at 30414 Town Center Drive near Interstate 215, Artesa will offer residents eight floor plans with apartment units ranging from 820 to 1,322 square feet and featureluxury interior finishes including modern cabinetry, quartz countertops, stainless-steel G.E. appliances and distinctive wood-style flooring. Tenants will enjoy a host of community amenities including two fitness centers, a resort-style pool and spa, barbeque area,dog park,a mix of outdoor communal spaces, and a large clubhousewith full kitchen for community events.

“One of our main goals with Artesa at Menifee Town Center is to create a walkable and vibrant ‘urban’ environment, which is something that is lacking in the area,” said Craig Jones, president of MBK Rental Living. “The more options and attractions that a town center provides amount to more human connections and that all-important sense of place.”

Artesa is located within walking distance to an abundance of shopping, dining and entertainment optionsatMenifee Town Center, including the planned Krikorian Entertainment Center’s stadium-style theaters, sports bar, bowling alley and fun zone/gaming area. The community also isin closeproximity toMenifee Lakes Plaza,the City of Menifee Civic Center, Mt. San Jacinto College and Menifee Lakes Country Club andGolf Course.

“We are honored to work with MBK Rental Living to bring a much-anticipated option for luxury living to residents in the fast-growing city of Menifee,” said Bill Wilhelm, president of R.D. Olson Construction, an award-winning general contracting firm commemorating 40 years of building in California. “This project bolsters our multi-unit housing portfolio and enables RDOC to foster a new and exciting relationship with MBK Rental Living, an organization that shares equally in our deep commitment to people, quality and excellence.”

About MBK Rental Living

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value. MBK Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

About R.D. Olson Construction

Founded by Bob Olson in 1979 and led by President Bill Wilhelm, R.D. Olson Constructioncommemorates 40 years of building and is one of the top 40 general contracting firms in California. R.D. Olson Construction is a premier builder of hotel properties for several national hoteliers, including Marriott, Hilton, Hyatt, Ritz Carlton, and Starwood and has a robust portfolio of renovation projects including Atria Senior Housing, Chapman University’s Reeves Hall, the conversion of the historic Bank of Italy Building into the Nomad Hotel, and more. The firm also has a rich history as a builder of office, retail, restaurant, multi-family, education, seniorliving and recreational projects. www.rdolson.com

PASO ROBLES, Calif. (Aug. 21, 2018) –MBK Rental Living announced today the grand opening of Blue Oak, a luxury apartment and townhome community in Paso Robles.Centrally located at710 Experimental Station Road, the community consists of 85 flats and 56 townhomes with bright open living spaces and an extensive indoor and outdoor amenity collection. As one of the few new apartments, Blue Oak fulfills a high demand for quality rental housing in the area. Leasing is currently underway, with one model residence available for touring daily. To mark the occasion, a public grand opening celebration will be held on August 25 from 11 a.m. to 5 p.m., with a ribbon cutting with city officials and development partners at 3pm.

“With few new rental options currently available in Paso Robles, the grand opening of Blue Oak comes at a great time,” said Craig Jones, President of MBK Rental Living. “We’re delivering much needed quality housing with finishes and amenities that deliver a lifestyle unique to the Paso Robles community.”

Blue Oak redefines rental housing for Paso Robles by offering two- and three-story residences with expansive 9-foot ceilings, open-concept living areas, and attached garages with direct access (in select units).There areeight floorplan optionsranging from 765 to 1,452 square feet with one to threebedrooms and one to three bathrooms.Interior amenities are plentiful and include stainless-steel appliance package, covered patios, granite countertops, wood-style flooring, contemporary lighting, modern custom-wood cabinetry, and gourmet kitchens with prep islands in select units. Residents will enjoy the latest in energy efficiency andtechnology with GE washers & dryers, tankless water heaters, USB charging outlet in kitchens, and smart-enabled thermostats.

Architecture and landscape design of the community follows in the style of contemporary agrarian agriculture, designed by San Luis Obispo-based Arris Studio Architects andFirma Consultants, and will connect residents to open spaces and nature. Blue Oak boasts remarkable community amenities including aclubhouse with Wi-Fi in common areas, outdoor spaces with seating and open lawn areas with barbeques, resort-style pool and spa, fitness center with state-of-the-art equipment, resident garden, playground, and professional on-site management.

“The City of Paso Robles is excited for the phase onecompletion of Blue Oak Apartments. The new community, along with allits amenities, will provide a new and exciting place for people to live,” said Darren Nash, associate planner in the community development department for the City of Paso Robles. “Blue Oak helps meet the City’s goals by providing much needed rental housing for the community in an area of the city close to schools, shopping, jobs and freeway access.”

The community is served by Paso Robles Unified School District and nearby are regional universities, including University of Santa Barbara;California Polytechnic State University, San Luis Obispo; Cuesta College; West Hills Community College; Alan Hancock College; Taft College; and San Joaquin College, among others. Blue Oak is conveniently situated near downtown Paso Robles with its shopping, dining, arts and entertainment, has direct access to the 101 and 46 freeways,is 35 miles from the San Luis Obispo CountyRegional Airport, and is located less than an hour from recreational activities at Lake Nacimientoas well asPaso Robles’ 200 wineries.

Prices for this community range from $1,700 to $2,700 per month. For more information, please visit to liveblueoak.com.

Home » MBK RENTAL LIVING ANNOUNCES GRAND OPENING OFLUXURY APARTMENT AND TOWNHOME COMMUNITY IN PASO ROBLES

About MBK Rental Living

MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value.

MBK Rental Livingis a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, industrial and senior housing divisions.

MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; or visit the website at www.mbkrentalliving.com.

Apartment community by MBK Rental Living delivers new sustainable housing option targeted at millennials

RIVERSIDE, Calif. (July 11, 2017) – MBK Rental Living has commenced pre-leasing at Metro Gateway, the first transit-oriented development in Riverside, Calif. The four-story contemporary collection of 187 for-lease flats and lofts is rising on two parcels totaling 4.26 acres at the gateway to the city, off the 91 Freeway and directly adjacent to the La Sierra Metrolink.

“With decades of experience building top quality shelter for residents in the Inland Empire, we are thrilled to introduce a community that meets the growing need for sustainability-minded, transit-oriented developments within the city of Riverside,” said Rick Fletcher, Vice President of Real Estate Operations for MBK Rental Living. “This millennial-targeted apartment community represents an organic lifestyle –– a community dedicated to connected, authentic and conscientious living.”

The community, designed by Orange County’s Architects Orange, will offer a number of shared amenity spaces and innovative green features, including an automated bike rental station, a bike repair station, solar carports that fuel the electricity in the indoor-outdoor common areas, and electric car charging stations. Drought-tolerant landscaping by Aliso Viejo-based Studio PAD Landscape Architects is slated to include a communal courtyard for social gatherings, artisan workspaces, a state-of-the-art two-story fitness center and resort-inspired pool and spa area.

The residences at Metro Gateway will be comprised of a mix of open-concept studio lofts, one bedroom and two-bedrooms, with one to two baths, ranging in size from 590 to 1,211 square feet. Units will include carriage-style one-car garages or carports, with some models offering deck or patio options. Standard features will include stainless steel appliances, quartz countertops in kitchens, and contemporary cabinets in the kitchen and baths. The units will also offer energy-efficient features including full-size front-loading GE washers and dryers and energy efficient water heaters. Tech features will include USB charging outlets in the kitchens and flat panel TV connects in the living rooms.

“This is an exciting opportunity to provide a new type of housing for Riverside residents,” said City Councilman Chris MacArthur, who represents Ward 5, the area where the development is located. “Tying housing to a commuter rail station, with restaurants and shopping nearby, will allow residents to get out of their cars, use transit and eliminate the need to drive to the Metrolink station.”

Metro Gateway is located within the Alvord Unified School District and near regional universities, including California Baptist University, La Sierra University, Riverside City College, California Southern Law School and Kaplan College. The community is also nearby everything Downtown Riverside has to offer, including top shopping, dining, arts and entertainment, as well as conveniently situated near the 215, 91, 10 and 60 freeways.

“The Riverside County Transportation Commission is thrilled for this project, with hopes that it’ll encourage more of our community to take advantage of Riverside’s growing public transit,” said Mark Lancaster, Right of Way manager, Riverside County Transportation Commission. “Plans to expand the metro at that terminal station are currently in the works, making this community a real trophy for the city of Riverside.”

Pre-leasing is currently underway, with first occupancies slated for July 2017. For more information about the community, please visit www.livemetrogateway.com.

About MBK Rental Living

MBK Rental Living is a division of MBK Homes, which is active in the development of for‐sale single and multi‐family housing communities, rental housing, and apartment property acquisition. Their mission is to provide top quality shelter to residents throughout California with its various housing solutions. MBK Homes has earned a reputation for delivering award-winning customer satisfaction in housing that is innovative in design, comfort, sustainability, and craftsmanship. For the last three years,

MBK Homes was named one of the top three companies by Orange County Business Journal’s “Best Places to Work in Orange County” campaign, 2014 through 2016.

MBK Homes is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, apartment development, and senior housing divisions.

MBK Homes is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; phone (949) 789-8300; fax (949) 789-9300; or visit the website at www.mbkhomes.com.