#United States #Murrieta #Quarterra #Aldea Apartments

Quarterra Celebrates the Launch of Aldea Apartments in Murrieta, CA

On June 24, 2026, Quarterra, a prominent name in multifamily development and investment management, proudly announced the groundbreaking of the Aldea apartments in Murrieta, California. This significant project marks Quarterra's entry into this thriving market, aiming to enhance the living standards for local residents. Together with Eldridge Acre Partners (EAP), which provided preferred equity, and lead lender ING Capital LLC, Quarterra is set to create a remarkable residential community.

Murrieta, known as the "Gem of the Valley," offers an ideal suburban lifestyle with its close proximity to both Orange County and San Diego. The city is surrounded by 1,350 acres of parks and trails, while being near Temecula, famous for its nearly 50 wineries. The Aldea community is strategically located just minutes from the bustling Downtown Murrieta and the historic allure of Old Town Temecula.

Dan Ferguson, Quarterra's managing director of Southern California development, expressed enthusiasm about the project, stating, "Murrieta is an attractive residential area due to its highly rated schools, local shopping, and recreational options. As we embark on this venture, we look forward to delivering a top-notch living experience to this rapidly growing community. Aldea's design reflects the lively essence of the city and its vicinity, and we are excited to welcome our first residents soon!"

Located at 25480 Jefferson Ave., the Aldea apartments are conveniently situated near the I-15 and I-215 interchange, putting both San Diego and Orange County within an hour's reach. Residents will find themselves at a central point, just five minutes away from downtown Murrieta’s vibrant district, farmers market, hot springs, and the Rancho California Golf Club. Old Town Temecula is a mere 10 minutes away while Temecula Wine Country and popular spots like the Promenade Temecula Mall and Pechanga Casino are also nearby, all within a 15-minute drive. Furthermore, Aldea residents will benefit from easy commutes to major local employers including Abbott, Kaiser Permanente, Rady Children's Hospital, and Universal Health Services.

The Aldea community will feature 387 garden-style apartments. Prospective residents can choose between one, two, and three-bedroom layouts, varying from 700 to 1,385 square feet. Each apartment comes equipped with modern technology and luxurious amenities, including stainless steel appliances, quartz countertops, luxury vinyl plank flooring, walk-in closets, and kitchen islands in select units.

Among the numerous community amenities, residents will enjoy:

• - An expansive 11,500 square-foot clubhouse featuring a game room, billiards, and a catering kitchen.
• - A resort-style swimming pool and spa complete with covered cabanas for relaxation.
• - A state-of-the-art fitness center to maintain an active lifestyle.
• - Outdoor amenities such as fireplaces, grills, and a rooftop deck for social gatherings.
• - Dedicated co-working spaces for those who work remotely.
• - An outdoor pet park for pet lovers.
• - Luxor package lockers for easy package deliveries.

As Quarterra's first community in Murrieta and the 13th in Southern California, Aldea promises to be a desirable residential destination. Quarterra is committed to creating long-term value through high-quality multifamily community development across the nation. With offices in 12 regions across 20 states, they blend institutional expertise with local market knowledge to deliver well-designed rental communities in flourishing markets. To find more about Quarterra, visit www.Quarterra.com.

About Eldridge Acre Partners (EAP)

Eldridge Acre Partners is a privately-owned real assets investment management firm that collaborates strategically with Eldridge Industries, a diversified holding company managing over $70 billion in assets. EAP combines specialized investment knowledge with a team of design and construction professionals to offer flexible capital across various real asset strategies. For more about EAP, check their website at www.eldridgeacre.com.

About ING Capital LLC

ING Capital LLC is a financial services entity providing a comprehensive range of wholesale lending products and advisory services to corporate and institutional clients. As an indirect subsidiary of ING Bank NV, ING offers a broad spectrum of banking services worldwide, although it does not conduct banking activities within the United States.

Overall, the Aldea project encompasses the spirit of Murrieta and targets the growing need for quality housing in the region. As construction progresses, many eagerly anticipate what this new chapter in local residential life will bring.