American International Group, Inc. is participating in a joint venture with Legacy Partners that has helped Legacy Partners acquire a 1.78-acre site for the [email protected] multifamily community in Hayward, California.
[email protected] will include 97 apartment units, 1,700 square feet of retail space along with one-to three-bedroom units averaging 883 square feet.
Expected to open in April 2020, the [email protected]’s units will include movable kitchen islands, built-in closet organizers, pocket doors, and solar shades. In the common areas, residents will be able to access a media room and kitchen, conference room, fitness center with yoga studio, pool and spa, an outdoor lounge area, electric vehicle parking, and an outdoor Skydeck.
BMO Harris Bank will provide construction financing for the project.
The seller, a private family, was represented by Matthew Clark, a multifamily investment broker with Kidder Mathews.