Richman Group Completes 95-Unit Affordable Community in California

by Jeff Shaw

FULLERTON, Calif. — The Richman Group of California Development Company has completed construction of Ventana, a 95-unit affordable seniors community in Fullerton.

The six-story, 130,000-square-foot midrise building on 0.6 acres features 3,200 square feet of retail space and a subterranean parking garage. The community is already fully leased.

Richman Property Services will operate and handle leasing for Ventana. Irwin Partners of Costa Mesa was the architecture firm and Cannon Constructors of San Diego was the general contractor. City of Fullerton Housing Bonds, tax credit funds, and Bank of America all provided financing for the project.

Founded in 1987, The Richman Group is a residential real estate investment, development and asset management firm based in Connecticut. The California branch is based in La Jolla.

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