About 75 percent of the units at the upscale L Street Lofts development recently foreclosed, according to an article in The Sacramento Bee. The Bee noted that the development, located at 1818 L Street, was plagued by a sluggish local economy and lawsuits related to the development’s vacancy rate. Then around March 18, L Street…

Bridgeway Towers, a 30-year-old condominium located at 500 N. Street, is expected to receive major renovations soon. The 15-story luxury downtown condominium was recently purchased by local developers Ray Sahadeo and Mark Chisick. The two men own S360 Development, which is a company that specializes in purchasing distressed properties and revitalizing them. This is great…

The Sacramento Bee recently reported on an interested trend happening on the Sacramento condominium scene. More and more developers are investing in condominiums in Sacramento’s alleys. From cosmopolitan to bungalow designs, these new condominiums are revitalizing the city’s alleys. Cty officials have also lent a hand in this new trend by offering to help developers…

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