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Primary Developers: Our main activities are in the development of Commercial Residential Real Estate projects. Khanda acquires, entitles, designs, constructs, operates and manages primarily multi-family and commercial assets, primarily within the western United States. We span the gamut of opportunities from Luxury townhomes to Affordable Housing projects with a focus on projects that are eligible
Development Projects in Progress:
Conversion of Office buildings to 100% affordable housing units under AB2345 & SB35 in Sacramento, CA:
#1: 105-unit luxury condo complex in Milpitas, CA (in progress)
#2: Repurposing a 116,000 SF building and adding 350-450 units of senior living units and apartments. (Targeted close Q1, 27)
Co-Development: Khanda brings an established network of architects, engineers, consultants and contractors, along with greater financial savvy in negotiating financing to passive owners who wish to unlock the value of premium land through development of mid-luxury projects.
Co-Development Projects:
#1: 808 S Main St, Milpitas, CA: Co-developer for 28 Townhome, 1 commercial space, luxury condos. We sourced the execution team for the project including the Architect, Engineers, General Contractor for the owner and actively manage the project as the Owner's representative. Started Q2, 2022
Develpment Advisory: For projects where a full development suite of services is not needed, Khanda offers its expertise through bespoke development advisory services. We have successfully arranged teams of Architects, Contractors, Consultants and Advisors and spearheaded negotiations with governmental authorities to effectuate the most efficient project development solutions.
Development Advisory Projects:
#1: Mandated to arrange the sale of an existing hotel in San Jose, CA. The hotel will be converted to a 100% affordable housing project by the acquirer.
#2: Mandated to obtain the necessary approvals from the City of San Francisco for a 100% affordable housing project in Mission District.
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