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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.

The new model home at Ocean Air will open to the public Saturday October 11th

SAN DIEGO, Calif. (October 8, 2014) – MBK Rental Living is making fast progress at Ocean Air Apartment Homes at Torrey Hills, a high-end collection of 100 for-lease townhomes and flats in San Diego, Calif. The completion of the community’s new model home will kick-off on October 11th during a Model Grand Opening event for prospective buyers.

This intimate community is rising on a 4.6-acre parcel that blends well with the beautiful surroundings of the prestigious neighborhood of Torrey Hills, in which it is located. Ocean Air is the first project of MBK Rental Living, a newly launched division of veteran builder MBK Homes.

“The high quality of these rental apartments in a community like Torrey Hills is drawing a sophisticated demographic that currently prefers a for-lease option,” said Rick Fletcher, Vice President, Sales and Marketing for MBK. “We are seeing extremely strong interest from a large number of families and professionals interested in living in Torrey Hills close to great schools and in a prime Southern California location.”

Upon completion, Ocean Air will be comprised of luxurious, three-story townhome and flats built to condominium quality and featuring ocean and city light views. They are slated to encompass from 1,067 to 1,630 square feet and include up to three bedrooms, three-and-a-half baths, and private direct-access one and two-car garages. Some will offer loft options. Standard features will include private decks or patios, expansive nine-foot ceilings, upgraded GE stainless steel appliances, granite countertops in kitchens, and stone slab Piedrafina countertops and oval soaking tubs in the baths. The units will also offer energy-efficient features including full-size front-loading washers and dryers and tankless water heaters. Tech features will include USB charging outlets in the kitchens and flat panel TV connects in the living rooms.

The community boasts elegant Mediterranean-inspired architecture by Summa Architecture, and impeccable grounds and lush landscaping by Gillespie Moody Patterson, Inc. Amenities at Ocean Air are slated to include a sunset lounge with outdoor kitchen and fire pit, community barbeques, a pet wash station, and an automated package delivery system.

“The Ocean Air rental community stands out for its unique townhome design, high-end finishes, stunning views, and premier location in close proximity to jobs and top-rated schools,” said Craig Jones, Vice President, Apartment Acquisitions & Asset Management for MBK.

Ocean Air is rising adjacent to a new community park featuring a playground and exercise facilities. It is also within walking distance of award-winning school districts of Del Mar Union (Torrey Hills School, K-6th grade) and San Dieguito Union (Carmel Valley Middle School, Torrey Pines High School). It is near top shopping, dining, arts and entertainment including Del Mar racetrack and core areas of San Diego. The community is also one mile from Torrey Hills Center, a retail marketplace that is home to restaurants, salons, grocery shopping, healthcare, pet care, the Scripps Performing Arts Academy, and more.

Ocean Air is conveniently located off the I-5 San Diego Freeway at the I-805 Jacob Dekema Freeway. It is close to top employers in technology, finance, healthcare and the legal industries including Oracle Corporation; US Bank; Scripps Health; Opera Solutions; Pillsbury Winthrop Shaw Pittman, Fish & Richardson; Morrison & Foerster; Sheppard, Mullin, Richter & Hampton; and The Allen Group. It is minutes from championship golf at the renowned Torrey Pines Golf Course and beautiful getaway accommodations at The Lodge at Torrey Pines. Ocean Air is also in close proximity to the hiking and mountain biking trails at Torrey Pines State Natural Preserve and beautiful local beaches that include La Jolla, Solana Beach, Pacific Beach, and Mission Beach. In addition, the San Diego International Airport is 16 miles away.

For more information about the community, please visit www.liveoceanair.com.

About MBK Rental Living

MBK Rental Living is the new division of MBK Homes, which is active in the development of rental and for‐sale single‐ and multi‐family housing communities, apartment property acquisition, and distressed asset renovation. Through its various housing solutions, MBK Homes’ mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK Homes 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 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, retail 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.