One Last Penthouse Remains at the iLofts in Old Sacramento

According to a recent search on Metrolist® the Penthouse Loft at the Old Sac iLofts is still "active and available." Snatch it while you can! The fully furnished unit, priced at $539K, offers a rare opportunity to own a piece of Sacramento's historic district, in addition to a variety of ultra high-end features and modern amenities.

The iLofts, a small but mighty project at the Mechanics Exchange Building, has been a bonafide success story amid so much market turmoil. In fact, a recent report in the Sacramento Bee states the developers have sold eight of the nine units, and also have two tenants in place for the ground floor retail units--Jet Modern, a home furnishings store, and Vanity Modern Salon.

Like other major metropolitan areas across the US, Sacramento is seeing a strong movement towards urban living. This project's quick sell out is proof that people are starting to crave character and convenience over the traditional suburban lifestyle model. Experts predict that urban infill projects like the iLofts will remain popular, even through the housing downturn, as our values towards quality of life change. Only time will tell...but let's hope they're right, and that the downtown market continues to thrive!

Fore more information about this project contact me, or view the developer's website at: http://www.oldsacilofts.com/

Sacramento's Been Making Headlines...

Even with all the doom and gloom being published about Sacramento's current foreclosure crisis, there's a glimmer of hope in the recent national headlines, proving that Sactown offers more than just a piling list of mortgage defaults.

Forbes has named Sacramento America's 9th Fastest Growing City, and Business Week has named us California's Most Affordable City.

Le Rivage Hotel Brings World Class Accommodation to the Sacramento River

Our fair river city is poised for a whole new level of sophistication thanks to the long awaited Le Rivage Hotel set to open this January at the Captains Table Marina in South Land Park. A member of the Preferred Hotels and Resorts group, it will be the first luxury, riverfront resort in Sacramento offering an unmatched level of services and amenities. Guests can enjoy waterfront access, including a 1,000 foot boat dock with 25 berths for yatch parking. Ooh, la, la!

The riverfront hotel, inspired by the grand seaside hotels of the French and Italian Riviera, features a 200-seat ballroom, "Spa LaLe" fitness center and day spa, and an 8,000 square foot Scott's Seafood Restaurant.

For more details about this project view the recent write up in the Sacramento Business Journal:

Friday, December 7, 2007

A dream complete, After 14-year struggle, developer is putting finishing touches on his riverfront hotel
Sacramento Business Journal - by Mark Anderson Staff writer

"The thing about 400-thread count is that they come out of the washer wrinkled," he said.

The hotel also has a spa, exercise room and pool.

Outside, the property stretches down to the waterfront and a 1,000-foot boat dock. Between the hotel and the river is an outdoor festival area, a natural amphitheater and volleyball and bocce courts. Full Article

Coming Soon! All Things Cool About Sactown Living...