Woodbridge Manor | Unrealized
25 Lake Road Irvine, CA, 165 Units
Overview
Asland and its partners acquired the 165-unit, 84,000-square-foot apartment community in October of 2022 and is implementing a long-term affordability regime as well as a revitalization program through which the partnership is completing comprehensive capital improvements across the community and in units. Asland worked closely with federal, state and city agencies to preserve 90% of the units as deeply affordable
Collaborators
Fairstead
Operating Partner
Fairstead Management
Property Manager
Innovative Housing Opportunities
Non-Profit Partner
Preservation | New Construction
4
MARKETS
$425M +
EQUITY INVESTED
3,700 +
RESIDENTIAL UNITS
800k +
COMMERCIAL SF