Comstock's magazine 0119 - January 2019 - Page 20

HERITAGE: A JOINT VENTURE BETWEEN AKT AND LENNAR COMMUNITIES n RSVP AKT Investments DEVELOPING COMMUNITY PRIDE AKT Investments is not only Northern to feature sidewalks, which was California’s largest real estate development groundbreaking in the 1980s for this area. firm but a venerable family business with Those kinds of things enable people to a vigorous commitment to community. enjoy their homes and neighbors.” Founder Angelo K. Tsakopoulos completed his first subdivision in 1964 and has since become a civic fixture in Sacramento and a national real estate leader. His daughter Chrysanthy “Chrysa” Tsakopoulos Demos now guides AKT as the firm’s President and CEO. California’s housing shortage weighs on AKT’s business strategies. “We’re highly aware of the housing shortage and also the costs of providing housing, so we strive to bridge the gap,” says Demos. “This complicated problem is close to our hearts because we see fellow Californians In addition to large residential and struggling. It’s our mission to make housing commercial building portfolios, AKT manages available to everybody in our community.” approximately 20,000 acres of farmland. The firm has developed more than 30 million square feet of office space and 60,000 homes in Northern and Central California. Another AKT goal is integrating cutting-edge technology into homes and communities and planning better communities for different age groups, particularly helping to “Our residential communities are enable seniors to stay in their homes longer, thoughtfully planned, with great quality, healthier, and safer. locations, and amenities,” says Demos. “We incorporate trails and parks, emphasizing outdoor activities and neighborhood relations. Our Laguna West community is a great example of that philosophy — it was one of the region’s first communities 20 | January 201 9 “We always act with the thought of what is best for our community, state, and nation,” concludes Demos. “We love Sacramento and its people, and are honored to be part of the community.” 7700 College Town Drive, Suite 101 | Sacramento, CA 95826 | 916.383.2500 “ We love Sacramento and its people, and are honored to be part of the community. — CHRYSA TSAKOPOULOS DEMOS ” PRESIDENT/CEO