California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Apartments  | 

Upscale Townhome Dev Preserves Riverside Pocket Neighborhood

San Diego-based CityMark LLC is set to acquire a 0.64-acre site in Downtown Riverside in an area undergoing revitalization. Development plans include a 2-story multifamily project with 11 luxury townhomes.

The city council, acting on behalf of the former redevelopment agency, is selling the site for $315,000. The project will offer for-sale units rather than rental, and fits with the surrounding neighborhood. The upscale and contemporary project is expected to appeal to Millennials and empty-nesters.

The vacant parcel was considered for a new main library last year, but the city elected to move that project to the bus terminal site on Fairmount Blvd. Once approvals have been secured, construction could commence on the townhome project in early 2018.

*CityMark San Diego Sales Center shown

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read more at Riverside Press-EnterpriseConnect With CityMark LLC’s Russ Haley

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

Step 1: Select Education
  • ◦Development
  • ◦Sale/Acquisition
New call-to-action