MBK Rental Living Divests Class A Multifamily in Duarte
MBK Rental Living has completed the sale of its Esperanza at Duarte Station, a 344-unit new transit-oriented Class A apartment community in Duarte, to an undisclosed buyer. Developed as a joint venture of MBK Rental Living and Haseko Corporation, Esperanza opened in November 2022.
“The community’s proximity to the Metro station and the world‑renowned City of Hope makes it especially attractive for those seeking connection, opportunity, and ease,” said Ken McCarren, president of MBK Rental Living. “We are seeing this same strong demand at Solana at Duarte Station, reinforcing the long-term appeal of this exceptional market.”
Ryan Fitzpatrick, Chelsea Jervis and CJ Angle from Berkadia brokered the sale. Acquisition financing for the buyer was provided by Kevin Mignogna, Charlie Haggard, Michael Beach, Lee Scott and Joey Guarino, also of Berkadia. Terms of the sale were not disclosed. MBK is also leasing at Solana at Duarte Station nearby.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout