Bellevue, Wash. – American Capital Group (“ACG”), a full-service real estate investment and development company, today announced it has obtained capitalization for Kinect @ Southport, a new, 322-unit suburban community located in the highly desirable West Sacramento submarket, moving the project to begin construction immediately. Financial terms were not disclosed.
Kinect @ Southport is anticipated to feature four-story residential buildings with elevators and private garages as well as a state-of-the-art recreation center and outdoor activity space, including a volleyball court, basketball court, pickleball court, gym and playground.
“West Sacramento offers a combination of affordability, job growth and desirable quality of life features that make it an attractive metropolitan city for young professionals with accelerating population growth,” said BJ Kuula, President, ACG. “Following our first two projects in West Sacramento built over a decade ago, we are pleased to add to our local presence and play this vital role in helping the local economy grow alongside the area’s projected population growth.”