Irvine’s MBK Rental Living Acquires NorCal Development Site
Orange County, CA-based private developer MBK Rental Living has acquired a 5-acre site in the Sonoma County city of Petaluma, CA, for the development of a 134-unit multifamily project. Located 40 miles north of San Francisco, The Haven at Deer Creek will welcome its first residents in the Summer of 2024.
“This land purchase will set the stage for additional much-needed housing in one of the tightest housing metros in the country,” said MBK Rental Living President Ken McCarren. “We anticipate that The Haven will attract residents into a desirable location with excellent accessibility to San Francisco and countless other Bay Area attractions.”
The community will consist of three-story garden style and three-story podium style apartments with a mix of one- and two-bedroom units. All buildings will be solar powered for maximum efficiency and community amenities will include an outdoor living space with a hot tub, grilling area, fireplace and water feature.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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