SANTA CLARITA, CALIF. — TruAmerica Multifamily has broken ground River Walk Townhomes, an apartment community in Santa Clarita. TruAmerica acquired the 10-acre site at 18300 Soledad Canyon Road in August 2026 and recently closed on construction financing for the development. First Citizens Bank & Trust Co. provided the financing. Jim Fisher of Northmarq represented the buyer and seller on the land purchase. David Pelaia of JLL arranged the construction loan.
River Walk will feature 144 two-story, three-bedroom townhomes and 10 affordable apartments, providing a mix of market-rate and attainable rental housing options. Additionally, the community will feature 8,500 square feet of commercial and retail space. The first townhomes and community spaces are slated for delivery in spring 2028, with full completion scheduled for fall 2028.
The community will feature a clubhouse with a fitness center and resident lounge, as well as a pool and spa, tot lot, dog park and outdoor barbecue patios.