MBK Rental Living Transforms 100-Year-Old Timber School into New Residential Community in Thousand Oaks 

Irvine, Calif., (September 14 , 2026) –  The Sanctuary at Thousand Oaks, a new multifamily community in Newbury Park developed in partnership with Prime Life Technologies Corp, is now leasing and open for tours. The Sanctuary marks MBK Rental Living’s third community delivered in 2026, following Las Brisas in Santa Maria and Vintage Farms in Murrieta. 

Set on the historic grounds of the Timber School, originally constructed in 1924 and recognized as the oldest existing school and public building in the Conejo Valley, the development brings renewed purpose to a significant community site. 

“New communities are too often designed around trends that fade quickly,” said Ken McCarren, President of MBK Rental Living. “The Sanctuary takes a different approach – one that is shaped by history, designed with intention, and built to remain relevant over time. When you have the opportunity to work with a site that has been a part of the community for more than 100 years, the responsibility is not just to preserve it—but to ensure it continues to have a purpose.” 

Residences include a mix of studio, one-, and two-bedroom apartment homes ranging from 628 to 1,429 square feet. Interiors are thoughtfully designed with an emphasis on natural light, functional layouts, and materials selected for durability and longevity including and quartz countertops, stainless-steel appliances and wood-style flooring. Finishes and color schemes are intentionally refined, creating homes that feel more like a true residence than a typical apartment. Select floorplans also include patios or balconies and kitchen islands. 

Amenities throughout the community are designed to support everyday living. Residents have access to a secluded pool, a 24-hour fitness center, dog wash, several co-working pods and a multipurpose lounge, along with a network of Spanish-style courtyards designed to provide both connection and retreat. Gathering spaces throughout the community include indoor and outdoor lounges and shaded seating areas beneath heritage oak trees, including a kids retreat space. 

Honoring the Past with Renewed Purpose   

The Timber School, long considered a defining civic landmark in Newbury Park, has been carefully preserved and reintroduced as the heart of the community—ensuring its legacy continues as an active and lived experience rather than a preserved artifact. 

Original classrooms have been transformed into the community’s leasing, library, and co-working environments—designed as quiet, functional spaces for focus and everyday use. The former auditorium has been reimagined as a fitness center, maintaining its role as a central gathering space, while the original kitchen has been adapted into a grab-and-go cafe, offering a natural continuation of its historic purpose. 

This approach preserves not only the structure of the building’s original intent, but the intent of the spaces, ensuring the buildings continue to bring people together in meaningful and relevant ways. The newly constructed apartment homes are set behind the historic buildings, creating a layered residential environment that balances heritage and contemporary design. 

Notable preservation and repurposing elements include: 

  • The exterior design of the school structure has been maintained or refurbished including the Spanish roof tiles, windows, exterior stucco and cupola  
  • The site’s legacy is commemorated with a two historical plaques designed by members of the community and historic photography depicting the school’s past throughout the shared spaces 
  • A docent will be onsite throughout the year during various weekends offering residents and visitors the opportunity to learn more about the Timber School’s past and its impact on Newbury Park  

“The most compelling communities are the ones that feel connected to something larger than themselves,” said McCarren. “At The Sanctuary, we were able to develop on a site with a long-standing history in the community, resulting in a place that feels established, intentional, and meaningful from day one.” 

The Sanctuary also incorporates MBK Rental Living’s With Our World sustainability program, integrating energy-efficient systems and environmentally conscious design practices to support long-term performance and resident well-being. 

Located in the Newbury Park neighborhood on the western edge of Thousand Oaks, The Sanctuary enjoys scenic views and nearby access to cafes, restaurants, shopping centers and entertainment venues. Nature lovers will appreciate the extensive network of wilderness trails and community parks, including Dos Vientos Community Park and Wildwood Regional Park. The community is served by the award-winning Conejo Valley Unified School District and offers convenient access to the U.S. 101 Freeway for local outings or commutes in Ventura County and beyond.  

MBK Rental Living is currently leasing apartment communities across California and Colorado, including Vintage Farms in Murrieta, Solana in Duarte and Zia in Anaheim in Southern California; Vida in Morgan Hill, The Haven in Petaluma, and Ona in Natomas in Northern California with their JV partner Hines; Las Brisas in Santa Maria in Central California; and Alexan Peña Station in Denver with Trammel Crow and The Aven in Colorado Springs with Hines.  

The Sanctuary is located at 1872 Newbury Road in Thousand Oaks, California. To inquire about leasing, visit https://www.thesanctuarythousandoaks.com.  

For more information about MBK Rental Living, visit https://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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.

MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World was developed by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 Prime Life Technologies  

Prime Life Technologies (“PLT”) is a Tokyo-based holding company comprised of five homebuilding-related companies. Established by Panasonic and Toyota in 2020, PLT advances future-oriented urban development through the fusion of life and technology. With 168 affiliated companies, approximately 20,000 employees, and annual revenue of 1,106 billion JPY ($7.01 billion USD), PLT operates across six countries: the United States, Australia, Finland, Taiwan, Malaysia, and Indonesia. Through their commitment to innovation and long-term sustainability, PLT seeks to create lasting value and enhance quality of life for future generations. 

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MBK Rental Living Announces the Sale of Zia in Anaheim, California

Irvine, Calif., (August 26, 2026) – MBK Rental Living, a leading developer of lifestyle-driven residential communities, announced this week that it has successfully executed the sale of Zia, a 315-unit new Class A apartment community in Anaheim, California. Developed as a joint venture of MBK Rental Living and Haseko Corporation, Zia’s prime location near Anaheim’s top destinations combined with its high-quality, amenity-rich spaces delivered strong leasing since opening and an optimal experience for residents.

“Zia represents the thoughtful planning, design, and execution that define MBK Rental Living’s approach to creating lasting value,” said Ken McCarren, President of MBK Rental Living. “From the outset, our vision was to deliver a community centered on wellness, connectivity, and an exceptional resident experience. The strong market response and performance of the asset are a testament to that vision, the dedication of our team, and the continued appeal of Anaheim as a place to live, work, and thrive.”

Opened in September 2024, Zia is a five-story, wrap-style community with a total of 315 studios and 1-, 2-, or 3-bedroom apartments ranging from approximately 600 to 1,900 square feet. The property is located on 5.2 acres at 1600 W. Lincoln in Anaheim and incorporated MBK Rental Living’s With Our World sustainability program, integrating energy-efficient systems and environmentally conscious design practices to support long-term performance and resident well-being.

Residents have access to an array of amenities including a 4,000-square-foot 24-hour fitness center with a children’s lounge area; pool with grill, bar area, spa, and cabanas; entertainment and Zen courtyards; game lounge with racing car simulator; co-working office space with conference rooms; and a dog spa and park.

Zia offers all the benefits of life in Anaheim, one of Orange County’s most sought-after cities. Best known as the home of Disneyland, the community boasts a strong job market, a diverse restaurant scene, and convenient access to major freeways, John Wayne and LAX airports, as well as renowned beaches and outdoor destinations. With its growing downtown arts and entertainment district and strong sense of community, Anaheim provides residents with the perfect blend of suburban comfort and big-city amenities.

“Zia attracted investors from around the globe, who were drawn to the quality of construction, the property’s strong operating performance and the compelling prospects for future rent growth,” McCarren added.

Cushman & Wakefield, Inc’s Capital Markets Group led by Executive Vice Chair, Marc Renard, Morgan Jackson, Manfred Schaub and Joyce Bee arranged the transaction on behalf of MBK.

MBK Rental Living is currently leasing apartment communities across California and Colorado, including Solana in Duarte in Southern California; Vida in Morgan Hill, The Haven in Petaluma, and Ona in Natomas in Northern California with their JV partner Hines; Las Brisas in Santa Maria in Central California; and Alexan Peña Station in Denver with Trammel Crow and The Aven in Colorado Springs with Hines.

For more information about MBK Rental Living, visit https://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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.

MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World was developed by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 North America
Based in Irvine, California, Haseko North America is a wholly owned subsidiary of the Haseko Corporation, the largest vertically residential construction firm in Japan. Founded in 1937 and listed on the 1st Sections of Tokyo Stock Exchange in 1965, Haseko has built over 730,000 condos, maintaining a market-leading position for over 50 years. The firm reported annual revenues of $7.96bn, with total assets of $8.87bn in its most recent annual filings.

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Media Contact: 

Heidi Pallares
Cornerstone Communications
(949) 285-7278
hpallares@cornerstonecomms.com

MBK Rental Living Sells LA County Luxury Apartment Community Esperanza

Irvine, Calif., (February 25, 2026) – MBK Rental Living, a preeminent lifestyle developer of apartment communities, announced today that it has successfully executed the sale of its Esperanza at Duarte Station, a 344-unit new transit-oriented Class A apartment community in Duarte, California, to an undisclosed buyer. Developed as a joint venture of MBK Rental Living and Haseko Corporation, Esperanza reflects the persistent demand for high‑quality, amenity‑rich communities that align with what today’s residents value most in their living experience.

 “At MBK Rental Living, we believe great communities are built around people, not just buildings. Esperanza at Duarte Station brings that belief to life through intentional design, dynamic rooftop amenities, inviting courtyards, and immersive, year-round resident programming. The result is more than a place to live—it’s a lifestyle that fosters connection, energy, and a true sense of belonging,” said Ken McCarren, President of MBK Rental Living. “The community’s proximity to the Metro station and the world‑renowned City of Hope makes it especially attractive for those seeking connection, opportunity, and ease. We are seeing this same strong demand at Solana at Duarte Station, reinforcing the long-term appeal of this exceptional market.”

Opened in November 2022, Esperanza at Duarte Station is a five-story community with a total of 344 studio, one-, two-, and three-bedroom apartments ranging from 514 to 1,090 square feet with 56 different floorplans. It is located on a 4.3-acre property at the intersection of Highland Avenue and Fasana Road.

Esperanza is highlighted with rooftop amenities offering dramatic views of the San Gabriel mountains, including a resort-style pool and spa; an indoor/outdoor Casita with a living room lounge, fireplace, open dining room, and entertainers-style kitchen; a landscaped roof deck with poolside cabanas, outdoor TVs with entertainers’ bar, grilling stations, fire pit and lounge area; and a rooftop gym with free weights, cardio and HIIT zones, and outdoor yoga. The community’s first-level amenities include a co-working area with open seating, a cantina with lounge and counter seating with direct access to Food Truck Alley, and the popular “Casa de Perro” with an interior pet wash and dry station as well as an exterior dog park with seating.

Esperanza is within walking distance of the Duarte/City of Hope Metro Gold Line commuter train station, and the world-renowned City of Hope, a 120-acre comprehensive cancer treatment center and major area employer. The train and freeway access eases transit to nearby Los Angeles, Pasadena and other Southern California business and entertainment destinations.

Ryan Fitzpatrick, Chelsea Jervis and CJ Angle from Berkadia brokered the sale and the acquisition financing for the buyer was provided by Kevin Mignogna, Charlie Haggard, Michael Beach, Lee Scott and Joey Guarino also of Berkadia.

In addition to Esperanza, MBK Rental Living is currently leasing Southern California communities at Solana at Duarte Station and Zia in Anaheim. The company also has several active communities in Northern California including Vida in Morgan Hill, The Haven in Petaluma, and Ona in Natomas, as well as in Colorado with Alexan Peña Station in Denver and The Aven in Colorado Springs.

For more information about MBK Rental Living, visit https://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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio. MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 North America

Based in Irvine, California, Haseko North America is a wholly owned subsidiary of the Haseko Corporation, the largest vertically residential construction firm in Japan. Founded in 1937 and listed on the 1st Sections of Tokyo Stock Exchange in 1965, Haseko has built over 700,000 condos, maintaining a market-leading position for over 50 years. The firm reported annual revenues of $7.87bn, with total assets of $9.13bn in its most recent annual filings.

First Residents Move into MBK Rental Living’s Solana at Duarte Station

Solana new luxury apartments Duarte Los Angeles

Irvine, Calif., (March 17, 2025) – MBK Rental Living, a preeminent lifestyle developer of apartment communities, announced today the opening of the highly anticipated Solana at Duarte Station, a 292-unit, five-story luxury apartment community in Duarte, California. Residents who signed up during pre-leasing activity are now moving in, as leasing demand continues in Q1.

“We are very excited to welcome our first residents to this beautiful community as they settle into a truly one-of-a-kind lifestyle,” said Ken McCarren, President of MBK Rental Living. “Solana is a lively community that blends lush outdoor spaces with modern conveniences. This creates an elevated living experience unmatched in the region, which promotes togetherness during a time when connection is more important than ever.”

Solana features a variety of layouts, including lofts and studio, one-, two-, three- and four-bedroom apartments, ranging from 534 square feet to 2,802 square feet, and one to four bathrooms. Each unit features modern design elements including open floor plans, abundant natural light, and oversized low-E windows. Select floor plans feature private patios or balconies, and walk-in closets. Rates start at $2,436* for a studio and $5,545* for a four-bedroom, four-bath unit. Due to high demand, all available four-bedroom units have been leased with a waitlist now open.

Residents can enjoy resort-style, all-inclusive amenities including a clubroom, fitness center and yoga studio, co-working spaces, pool, game lounge, dog lounge, spa and park, cabana club, and social courtyard equipped with outdoor kitchen and dining areas, fire pits, and lounge chairs.

Located in Los Angeles County, Solana is situated in a transit-oriented location along the interstate I-210 corridor and walking distance to the City of Hope Metro Gold Line Station. Residents will enjoy proximity to entertainment hubs and popular retail destinations, prominent universities, employment centers, and community resources including City of Hope, a 120-acre comprehensive cancer treatment center. Nearby outdoor destinations include the Santa Fe Dam Recreation Area and the Angeles National Forest. Additionally, a short drive to the west leads to downtown Los Angeles and Pasadena, or Ontario International Airport to the east.

“We are proud to debut this incredible community with appeal to a wide range of residents and contribute to the much-needed housing inventory in Southern California,” McCarren added. “Duarte Station is a vibrant neighborhood where the demand for housing is needed, and Solana offers an ideal location for students, professionals and families to live.”

“We anticipate the high demand we see at Solana extending to our portfolio of communities across the region in the year ahead,” added McCarren.

MBK Rental Living is currently leasing two additional apartment communities in Southern California, Esperanza in Duarte and Zia in Anaheim. Plans are also set for two new communities to begin pre-leasing in early 2026, Vintage Farms in Murrieta and The Sanctuary in Thousand Oaks.

Solana is located at 1750 Fasana Road in Duarte, California. To inquire about leasing, call (626) 201-0878 or visit https://www.solanaduarte.com.

For more information about MBK Rental Living, visit https://www.mbkrentalliving.com.

*Prices are accurate at the time of publication but subject to change at any time.

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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.

MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 680,000 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.
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Media Contact:
Heidi Pallares
Cornerstone Communications
(949) 285-7278
hpallares@cornerstonecomms.com

MBK Rental Living Announces the Sale of The Strand Apartments in Sacramento, California

Sacramento, California – January 24, 2025 – MBK Rental Living today announced the successful disposition of The Strand, a newly developed 408-unit garden-style multifamily community in West Sacramento, California. Berkadia facilitated the transaction.

The sale of The Strand is the third-largest single multifamily transaction in the Sacramento MSA history. The new owner, a joint venture between Bascom Group and Oaktree Capital Management LP, closed the deal on January 24, 2025.

“We are thrilled to announce the successful sale of The Strand,” said Ken McCarren President at MBK Rental Living. “This transaction is a testament to the high quality of the community and the strong demand for rental housing in the Sacramento market. We are confident that the new owner will continue to provide a high level of service to the residents.”

Located at 500 Douglas Street, The Strand was built in 2022 on 17 acres, offering low-density suburban living with spacious residences, and abundant parking close to the city’s urban core.

It is one of only eight properties in the Sacramento MSA with more than 400 units, and one of only four built in the last five years of comparable size. It consists of 39, three-story buildings offering a mix of one-, two-, and three-bedroom units averaging 885 square feet. Individual units offer open concept living areas, modern custom-wood cabinetry, quartz countertops, stainless steel appliances, washer and dryer, central heat and air, wood-style flooring, and covered private balconies/patios. Community amenities include two resort-style pools with cabanas; a resident clubhouse; outdoor fire pits and gas grills; a spa and fitness center; a dog park and dog wash area; EV charging stations; bike trails; and more.

Located adjacent to Sacramento’s urban core, the property offers easy access to major transportation corridors and the coveted Bridge District, including Sutter Health Park, Drake’s Barn, & River Walk Park. It is just a short 10-minute bike ride to Downtown Sacramento.

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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.
MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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.

MBK RENTAL LIVING ANNOUNCES PRE-LEASING AT 292-UNIT LUXURY APARTMENT COMMUNITY IN DUARTE, CALIFORNIA

Solana new luxury apartments Duarte Los Angeles

MBK RENTAL LIVING ANNOUNCES PRE-LEASING AT 292-UNIT LUXURY APARTMENT COMMUNITY IN DUARTE, CALIFORNIA

Solana at Duarte Station is located steps from the City of Hope Metro Gold Line Station

DUARTE, Calif. (January 21, 2025) – MBK Rental Living, a leading innovator in private real estate development, has announced the commencement of pre-leasing at Solana at Duarte Station. Located in Duarte, California adjacent to the prestigious City of Hope Medical Campus and the Duarte Station neighborhood, the 292-unit, five-story luxury apartment community includes a mix of apartment types wrapped around an eight-story parking structure on 3.43 acres. Solana will be moving residents in by the end of February.

“We are pleased to introduce our second apartment development in Duarte, a significant step in our commitment to this vibrant and growing city,” stated Ken McCarren, President of MBK Rental Living. “Building upon the success of our Esperanza community, these additional residences will contribute to addressing Duarte’s pressing housing needs. We eagerly anticipate welcoming our first residents to Solana and witnessing the flourishing of this new community.”

Appealing to a diverse range of renters—from students and families to professionals and empty nesters—the community offers a range of loft layouts and studio, one-, two-, and three-, and four-bedroom apartments. Each unit is thoughtfully designed with open floor plans, abundant natural light, and oversized, double-pane, low-E windows. Select floor plans feature modern conveniences such as kitchen islands, private patios or balconies, and walk-in closets.

Solana offers a unique living experience inspired by the tranquil beauty of Tulum, Mexico. Residents will enjoy lush landscaping, warm color palettes, and a resort-style atmosphere. The community’s design evokes a sense of calm and relaxation, making it feel like a vacation getaway rather than a traditional apartment community. Amenities include a tropical-inspired pool and spa, indoor/outdoor spaces with fire pits, state-of-the-art fitness center, yoga studio, dog-friendly indoor lounge, a dog park, a dog spa, and multiple co-working spaces. A lush central courtyard offers BBQs, a pizza oven, and hammocks and lounge seating throughout.

The wrap-style development, which began construction in December 2022, is adjacent to MBK Rental Living’s 4.3-acre Esperanza at Duarte Station, which celebrated its grand opening in March 2023.

Solana is a transit-oriented development located along the vibrant interstate I-210 corridor and just steps away from the City of Hope Metro Gold Line Station. The community is only 11 miles from downtown Pasadena and 22 miles from downtown Los Angeles to the west, and 27 miles from Ontario International Airport to the east. Solana is also near many entertainment hubs and popular retailers including Target, Trader Joe’s, and Walmart. Residents will enjoy convenient access to prominent universities, employment centers, and community services including City of Hope, a 120-acre comprehensive cancer treatment center. Additionally, historic Route 66 and the time-honored towns of Monrovia and Bradbury are just minutes away.

Solana at Duarte Station is a joint venture of MBK Rental Living and Haseko Corporation. Project partners include construction manager R.D. Olson Construction, TCA Architects, landscape architect MJS Landscape, interior designer Design-Art, and property manager Greystar.

For more information and to inquire about pre-leasing opportunities, please visit https://www.solanaduarte.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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.

MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 680,000 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.

ANAHEIM APARTMENT COMMUNITY ZIA AND RADIANT BEER CO. LAUNCH EXCLUSIVE BREW

Zia apartments Anaheim and Radiant Beer Co

ANAHEIM, Calif. (November 20, 2024) – Zia, a premier luxury apartment community, and Radiant Beer Co., a local craft brewery, have teamed up to create a unique and refreshing beer experience. The two neighboring businesses recently launched “The Zia,” a limited-edition hazy IPA, and hosted a successful launch party for beer enthusiasts.
The event, held in early November, drew a crowd of craft beer lovers who enjoyed the new brew and received a complimentary Zia pint glass as a souvenir. This collaboration celebrates the spirit of community and highlights the synergy between two local businesses.

To celebrate the launch of The Zia beer, Zia residents and the public are invited to Radiant Beer Co. to enjoy a special discount throughout the month of November. Each pint of The Zia beer will be $2 off, making it the perfect opportunity to try this exclusive beer and support local businesses.

“We were thrilled to see the neighborhood’s positive response to the Zia beer launch party,” said Ken McCarren, President of MBK Rental Living, the developer of Zia. “The event was a fantastic opportunity for our residents and the local community to come together and celebrate this exciting collaboration. Partnering with Radiant Beer Co. is just one way in which we’re providing our residents with unique experiences, while supporting local businesses to foster a strong sense of community.”

“We’re excited to collaborate with our neighbors Zia on this special beer,” said Jonas Nemura, President of Radiant Beer Co. “This collaboration allows us to showcase our craft beer for a new audience and contribute to our vibrant community in Anaheim. We look forward to continuing work with Zia and providing our customers with new, creative, and unexpected ways to experience and connect with their neighborhood.”

More than just a place to live, Zia is a community hub that encourages residents to explore the surrounding area and connect with local businesses. Now open and leasing, the five-story, wrap-style apartment community is located at 1600 W. Lincoln and offers upscale living with easy access to downtown Anaheim, Interstate 5, and Disneyland.

Zia is a joint venture of MBK Rental Living and Haseko Corporation.

About Zia Anaheim
Zia, a brand-new luxury apartment community focused on resident well-being, has opened its doors in Anaheim, CA. Launched in late August 2025, Zia invites prospective residents to explore their spacious studios, 1, 2, and 3-bedroom apartment layouts.

Designed to cultivate a warm and inviting atmosphere, Zia boasts a comprehensive amenity package. Residents can enjoy a state-of-the-art, two-story fitness center, unwind in the game lounge featuring a racing car simulator, pool tables, shuffleboard, and vintage arcade games, or relax by the resort-style pool. Additionally, Zia offers a dedicated dog park and brand-new apartments boasting high-end finishes. Zia’s prime location in the heart of Anaheim provides convenient access to a variety of dining, shopping, and entertainment options. https://www.ziaanaheim.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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio.

MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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 680,000 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.

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MBK RENTAL LIVING LAUNCHES “WITH OUR WORLD” FOR SUSTAINABLE LIVING

With Our World by MBK Rental Living

IRVINE, Calif. (April 15, 2024) – MBK Rental Living, one of California’s most successful and innovative private developers, is proud to announce the launch of With Our World, a comprehensive program to create healthier living spaces that better serve their residents while caring for the planet.

“With Our World represents a strategic evolution in our development philosophy,” says Ken McCarren, President of MBK Rental Living. “This program goes beyond incorporating eco-friendly features. It establishes a comprehensive approach to sustainable living, empowering residents, fostering a sense of community, and minimizing our environmental impact.”

The pioneering program is organized into three tracks: pro-people, pro-planet, and pro-action. The first, pro-people, provides above-and-beyond amenities to enhance each resident’s quality of life. The second, pro-planet, focuses on high-performance, conscious design that reduces each residential community’s environmental impact. The final, pro-action, encourages residents to engage with their surrounding community and act on matters that are important to them.

“This three-tier approach sets With Our World apart from other green initiatives,” explains Lisa Cabral, Senior Manager of Marketing and Design at MBK. “With Our World allows us to celebrate sustainable and responsible living, elevate it as a central tenet of our residences, and prove that it can be done without sacrificing comfort or at the expense of great design.”

The first residential community to debut the With Our World program is Vida at Morgan Hill, a Class-A, 389-unit, three-story residential community in Morgan Hill, California that recently celebrated its grand opening. There, a mix of high-tech and thoughtful design decisions, including on-site solar panels, EV charging stations, and smart thermostats, make it easy for residents to enjoy a high quality of life while leaving a lighter footprint.

The program will then be rolled out across other MBK residential communities, both new and existing. While sustainability has always been a key consideration of every MBK project, the With Our World initiative reinforces the company’s ongoing commitment to developing spaces that support both residents and the wider community. It also aligns with the core tenets of MBK’s parent company, Mitsui & Co., whose focus on business innovation to “build “brighter futures, everywhere” includes a strong commitment to environmental and social sustainability.

“We look forward to providing new housing opportunities that showcase this sustainable approach to life in 2024 and beyond,” said Cabral.

For more information on With Our World, please visit https://www.mbkrentalliving.com/with-our-world/.

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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio. MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World® is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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.

Hines and MBK Rental Living Announces Plan For Natomas Fountains In Sacramento

Class-A Residential Community Will Meet Demand for High-Quality Rental Product in Market

(SACRAMENTO) – Hines, a global real estate investment, development, and property manager, and MBK Rental Living today announced plans for Natomas Fountains, a 303-unit luxury apartment development that will consist of six, three-story buildings located in a transit-oriented, highly amenitized suburban location within five miles of downtown Sacramento. The project is slated for completion in 2026.

The development will be designed with best-in-market finishes and floorplans will include studio, one-bedroom, and two-bedroom offerings ranging from 540 to 1,185 square feet. Featuring a fully integrated residential experience, future residents will have access to an array of market-leading amenities including a resort-style pool, a contemporary co-working space, a fitness center, a dog park, and a multipurpose simulator space. The development is designed by BSB Design with interiors by Carnegis Group.

“Natomas Fountains stands out due to its unique location in a rapidly growing area, with easy access to meaningful surrounding amenities and superb access to other parts of the city,” said Manuel Soto, Director and City Head of the Sacramento office of Hines. “The development will meet the demand for high-quality living options in Sacramento and we are confident the project will not only enhance the lifestyle of future residents but also enrich the existing community.”

“Natomas Fountains is certain to be a vanguard luxury living offering in suburban Sacramento and we’re proud to strengthen our partnership and elevate the resident experience alongside Hines,” stated Ken McCarren, President of MBK Rental Living. “At MBK, our mission is to provide residents with exemplary living environments that align with the dynamic pace of modern life. Through this collaboration, we’re creating a community where residents can flourish in a seamlessly integrated environment.”

Situated on a 10.6-acre parcel at the intersection of Truxel Road and Gateway Park Boulevard, Natomas Fountains will provide convenient access to Natomas’ extensive shopping, dining, and entertainment options. The vibrant and growing neighborhood is known for its family-friendly atmosphere, excellent schools, and convenient location in the northern part of Sacramento. It is conveniently located near I-80 and other major highways.

“We’re excited for Hines’ continued growth in North Natomas and welcome MBK Rental Living, enhancing our beautiful diverse community. This development, within walking distance of retail, restaurants, and multiple bus stops, connects residents to Sacramento’s amenities,” said Mayor Pro Tem Karina Talamantes.

Hines has been active in the Sacramento market for 22 years, most recently with the completion of the Centene Campus in 2020.

About Hines

Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $94.6B¹ portfolio of high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 790 properties totaling over 269 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media.

¹Includes both the global Hines organization as well as RIA AUM as of June 30, 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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its 30-year history, 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 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 apartments, industrial, and their senior housing divisions. Corporate offices are located at 4 Park Plaza Suite 1700, Irvine, CA 92614; or visit their website at www.MBKRentalLiving.com

MBK RENTAL LIVING ANNOUNCES PRELEASING AT SOLAR-POWERED LUXURY APARTMENT COMMUNITY IN SONOMA COUNTY

The Haven at Deer Creek Petaluma

The Haven at Deer Creek in Petaluma offers 134 three-story one- and two-bedroom apartments

PETALUMA, Calif. (March 15, 2024 ) – MBK Rental Living, a leading innovator in private real estate development in California, announced the commencement of pre-leasing at The Haven at Deer Creek. This brand-new Class-A residential community boasts 134 thoughtfully designed apartments in the highly sought-after Petaluma, CA. Featuring both three-story garden style and three-story podium style apartments, The Haven at Deer Creek’s buildings are solar-powered for maximum efficiency. The community’s grand opening is anticipated for Summer 2024. Hard hat tours are being held now by appointment.

“We are thrilled to introduce The Haven at Deer Creek to Petaluma, a thriving city within a region experiencing significant housing demand,” said Ken McCarren, President of MBK Rental Living. “These residences prioritize both comfort and sustainability, offering residents a luxurious, yet laid-back environment with exceptional access to San Francisco, Napa, and the broader Bay Area.”

The Haven at Deer Creek features 134 one- and two-bedroom apartments ranging from approximately 720 to 1,202 square feet. Each unit showcases a modern Spanish-inspired interior design scheme. Residents will enjoy open floor plans with ample natural light, stainless-steel appliances, wood-style plank flooring, quartz countertops, ceiling fan, kitchen tile backsplashes, undermount stainless steel sinks, private patios or balconies, in-unit washer and dryers, and double-pane, low-E windows for optimal energy efficiency.

Beyond the individual residences, the community boasts an impressive array of amenities. An expansive outdoor living area features a hot tub, grilling stations, a pizza oven, and a welcoming fireplace; all overlooking the scenic Deer Creek and Petaluma’s vibrant Art Walk. The thoughtfully designed Resident Lounge offers a fireplace, communal tables, dedicated work-from-home areas, a pool table, and a fully equipped entertainer’s kitchen.

Strategically located at 459 N. McDowell Blvd. in Petaluma, The Haven at Deer Creek provides residents with effortless access to Highway 101, a direct connection to Sonoma County’s renowned wine country and the greater Bay Area. Santa Rosa sits just 17 miles north, while San Francisco is a convenient 40 miles south. Furthermore, the Sonoma-Marin Area Rail Trail Station is only three miles away, offering residents a sustainable mode of transportation.

The Haven at Deer Creek positions residents close to a thriving job market encompassing information technology, healthcare, and a variety of other industries. Additionally, they can enjoy the charm and culinary delights of Petaluma’s highly acclaimed downtown restaurant scene.

“With The Haven at Deer Creek, MBK Rental Living is proud to contribute to the City of Petaluma’s impressive growth and enrich the communities we are developing in,” stated Ken McCarren, President of MBK Rental Living. “This community embodies our ‘With Our World’ philosophy, incorporating sustainable elements like EV charging stations, solar panels, drought-resistant landscaping, and more.”

For more information and to inquire about pre-leasing opportunities, please visit https://havenpetaluma.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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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 LLC., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio. MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. With Our World is brought to you by MBK Rental Living, a leader in developing environmentally and socially responsible communities. MBK is on a mission to make apartment living planet-friendly with its comprehensive program which seamlessly blends conscious design with high performance to provide healthier, more comfortable living environments for our residents. 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.

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