MBK Rental Living said leasing has begun at Las Brisas, a 340-unit luxury community in Santa Maria. The Santa Barbara County property is now open for move-ins.
“Las Brisas was designed with intention—bringing together the comforts of modern living with the natural beauty of the Santa Maria landscape,” said Ken McCarren, president of MBK Rental Living. “Our goal is to create communities where residents feel inspired, can unwind, and build meaningful connections with their neighbors. Las Brisas embodies this vision throughout every aspect of the community, both inside the homes and across the shared spaces.”
Las Brisas features a variety of layouts, including one-, two-, and three-bedroom apartments ranging from 739 square feet to 1,295 square feet. Community amenities available to all residents include a resort-style swimming pool, 24-hour fitness center, communal gathering spaces, co-working space, dog spa and adjacent dog park, playground and pocket parks throughout.
Ontario Finance Minister Peter Bethlenfalvy told the legislature Thursday that the province’s response to economic uncertainty is to “build, and to build together.” But the Fall Economic Statement he delivered forecasts considerably less building than the government expected just six months ago. Ontario now projects 65,100 housing starts in 2027, down from 70,300 in its...
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Five major Canadian banks are financing a 917-unit rental development in Etobicoke, where construction is now underway on a site previously planned for condominiums. CBRE Capital arranged the conventional, uninsured construction financing for EllisDon Developments and Windsor Private Capital’s two-tower project at 80–90 Fieldway Rd., near Kipling station. The LiUNA Pension Fund is also an...
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Peakhill Capital has launched a $750-million construction lending program for rental housing developments across Canada, with $450 million in loans already closed under the new platform this year. The Toronto-based lender announced Thursday that its Everest program, backed by an initial institutional commitment, will provide CMHC-insured construction loans ranging from $4 million to $200 million....
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