MBK Rental Living Acquires Land in Sonoma County, California For a 134-Unit Solar-powered Luxury Apartment Project

The Haven at Deer Creek, slated to open in spring 2024, will bring style, sustainability, and much-needed housing to the North Bay region.

MBK Rental Living, one of California’s most successful and innovative private developers, has announced the acquisition of a 4.71-acre site in Petaluma, California. The Haven at Deer Creek has both three-story garden style and three-story podium style apartments. All buildings will be solar powered for maximum efficiency. The Haven at Deer Creek is located north of San
Francisco, offering easy access to Sonoma County’s wine country and the Bay Area. MBK Rental Living’s Class A for-lease community will include 134 one- and two-bedroom apartments, ranging from approximately 720 to 1,202 square feet. The community will welcome its first residents in the Summer of 2024.

“This well-located, thoughtfully designed community in Sonoma County will elevate everyday living, adding inviting style and luxury to a prime part of North Bay already known as a getaway destination,” said Ken McCarren, President of MBK Rental Living. “This land purchase will also set the stage for additional much-needed housing in one of the tightest housing metros in the country. We anticipate that The Haven will attract nearby residents looking to upgrade into an extremely desirable location
with excellent accessibility to San Francisco, San Jose, and countless other Bay Area attractions.” Construction on the luxury apartment community is anticipated to start in early 2023. Located at 429 N. McDowell Blvd. in Petaluma, The Haven at Deer Creek’s naturally inspired interior design is centered on a modern Spanish theme that includes unit features such as stainless-steel appliances, wood-style plank flooring, and quartz countertops. The Haven will feature a wide array of amenities including an outdoor living space with a hot tub, water feature, grilling area, pizza oven, and fireplace overlooking the Creek
and Art walk. The clubroom offers residents a fireplace lounge, pool table, semi-private co-working pods, and a social kitchen.

The new community will offer residents immediate access to Highway 101 connecting to Santa Rosa less than 17 miles to the north and to San Francisco only 40 miles to the south. The Sonoma-Marin Area Rail Trail Station is just three miles away. Residents will enjoy convenient connections to wine country, employment opportunities in information technology, healthcare, and other fields, and Petaluma’s highly regarded downtown restaurant scene. McCarren added, “We are excited to work with the City of Petaluma and be a part of their tremendous growth. We look forward to bringing our eco-friendly stamp to the area with the use of EV chargers, solar panels, drought-resistant landscaping and so much more. This transaction illustrates MBK’s continued ability to provide housing in another high-growth path of California.”

For more information, please visit 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 focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, 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., a global trading and investment company with a diversified business portfolio. MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their 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.

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