Wakeland Celebrates Grand Opening of Beyer Courtyards

San Diego gained 60 more affordable rental homes with the grand opening of Wakeland’s Beyer Courtyards apartments April 6 in San Ysidro.

Community leaders including San Diego City Councilman Ben Hueso attended the grand opening event for the project.

Located at 3412 Beyer Boulevard, Beyer Courtyards is comprised of five separate resident buildings, featuring 30 two-bedroom apartments and 30 three-bedroom units. All of the units are rented to families earning 60% or less area median income.

The complex includes a tot-lot play area, basketball court and community room featuring a computer lab. After-school programs for children as well as English-as-Second-Language (ESL) classes for adults will be offered.

Beyer Courtyards is a project of Beyer Courtyards L.P. with Wakeland Housing and Development Corporation as General Partner and Red Capital Group as Limited Partner. Support was provided by: Local Initiative Support Corporation, Low Income Investment Fund, Wells Fargo Bank N.A., California Debt Limit Allocation Committee, California Tax Credit Allocation Committee, San Diego Housing Authority, San Diego Housing Commission and the City of San Diego. (March, 2006)

Via Roble Earns Wakeland, Escondido Statewide Award

Wakeland’s Via Roble community was honored recently when the City of Escondido won an “award of excellence” for the project from the California Redevelopment Association. Developed and managed as a partnership between Trinity Housing and Wakeland, Via Roble is a mixed-use development of 72 affordable apartments, 10 single-family homes and nine shopkeeper units. The new community has been a catalyst for new development in the area. (March, 2006)

Wakeland Acquires Del Sol Apartments

Wakeland has acquired Del Sol Apartments, a 90-unit complex in San Ysidro. A comprehensive rehabilitation will get underway in Fall 2006 with completion slated for late 2007. The rehab will encompass substantial landscaping improvements, major upgrades within the units and development of a new community center. The acquisition is being financed by Washington Mutual and Low Income Investment Fund (LIIF). Wakeland will apply for tax credits, tax exempt bonds, Multi-family Housing Program funds and a loan through the San Diego Housing Commission. (February, 2006)

Grand Opening for Bristol Apartments in Dixon

Grand opening festivities were held for the city of Dixon’s first new apartment community in 10 years. Bristol Apartments is part of the master-planned community of Valley Glen located between San Francisco and Sacramento. Wakeland and Fairfield Residential executives were joined at the event by several Dixon community leaders, including Mayor Mary Ann Courville and City Manager Warren Salmons.

There will be 102 units at Bristol – 26 one-bedrooms, 44 two-bedrooms and 32 three-bedrooms. All units will be rented to families earning 60% or less area median income. Completion is expected this spring. Bristol is a limited partnership between Wakeland and Fairfield Residential. (December, 2005)

Community Leaders, Wakeland Celebrate Muirlands Grand Opening

San Ramon community leaders and Wakeland and Fairfield Residential executives celebrated the grand opening of Muirlands, a 350-unit new apartment project within the Windemere master-planned community. Dignitaries participating in the ceremonies included Jim Kennedy, deputy director of the Contra Costa County community development Department, and Brooke Littman, City of San Ramon housing programs manager.

Muirlands is a limited partnership in which Wakeland is the managing general partner and Fairfield Residential the co-general partner. The new one-, two and three-bedroom apartment units are being rented to families earning 60% or less area median income. Resident services, to begin upon completion of the project, will include after-school programs and adult job-skills training. (November, 2005)

Beyer Courtyard and Lillian Place Underway

Construction is underway on two new Wakeland projects -- Beyer Courtyard Apartments and Lillian Place. Beyer Courtyard in San Ysidro is a 60-unit complex comprised of 30 two-bedroom units and 30 three-bedrooms. Lillian Place in downtown San Diego is a 74-unit development offering one-, two- and three-bedroom units designed for families with children. (January, 2005)

Wakeland to Swell Dixon's Affordable Housing Portfolio

The affordable housing inventory in Dixon, California will soon swell by 102 units when Wakeland and Fairfield Residential break ground on the new Bristol Apartments. The project, part of a new master-planned community, will consist of 26 one-bedroom, 44 two-bedroom and 32 three-bedroom units. Construction is expected to begin in October, 2004 and finished in December, 2005. Award-winning Rodriguez Associates Architects and Planners are the architects for the project. (September, 2004)

Wakeland to Begin New Rehab Project

Wakeland and Fairfield Residential recently closed escrow on a rehabilitation project -- Baycliff Apartments in Richmond , California. The rehabilitation, scheduled to begin in Fall 2004, will entail upgrading 342 one- and two-bedroom units. Baycliff's extensive improvements will include new appliances and fixtures in the interior, painting throughout and upgrades if necessary to plumbing, electrical and HVAC systems. On the exterior, improvements will include new paint, repairs to balcony decks and roof systems, gutter replacement or repair and lighting. Wakeland's partner in the project is Fairfield Residential.
(September, 2004)

Programs for All Generations Welcomed at Poway Mobilehome Parks

Recreation and education programs are being welcomed with open arms by three generations of residents at two Poway mobilehome parks managed by Wakeland. (Dec., 2004)