ACQUISITION REHAB CASE STUDIES

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BREEZEWOOD

Breezewood Apartments is a 156-unit affordable housing complex located in Riverside, CA.

  • Four-plexes previously owned by separate owners

  • KDF constructed a community center

  • Financed by unique tax increment structure

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SALINAS POINTE

Salinas Point is a 216-unit affordable apartment complex located in Salinas, CA.

  • In very poor condition at time of purchase

  • Overcrowding problem addressed

  • $1.8 million rehab

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CITY TOWERS

City Towers Apartments is a 231-unit HUD Section 8 property comprised of three 12-story towers located in West Oakland.

  • $4.5 million renovation

  • KDF built a new Head Start center on-site

  • KDF created a Neighborhood Network tor tenants​