Fifield Companies Buys Inland Empire Multifamily Site – The Real Deal
La Sierra, a 10-acre site in Riverside, California, was recently featured in an article published by The Real Deal.
Fifield Companies, a major development firm based in Chicago, is making a play in the fast-growing Inland Empire. The firm recently bought a 10-acre site in Riverside, where it’s working on entitlements for a 281-unit apartment complex.
It’s part of a larger trend. For years now, as thousands of residents of L.A. and the Bay Area have fled the urban core because of high housing costs, the two-county Inland Empire, which includes the city of Riverside, has seen a population surge that’s expected to continue.
Land Advisors Organization’s West Riverside County Team consisting of Andrew Sinderhoff, Ian Sinderhoff, and Brian Carricaburu, co-brokered the transaction with Bryon Foss of JLL and represented the Seller, Tony and Armida Padilla 2002 Trust, and Buyer, Fifield Companies in this transaction.
Read the full article published by The Real Deal.