Successfully identified and led efforts to assemble 22 acres that required coordinating transaction timeframes and alignment of closing conditions for five different landowners, allowing them to achieve pricing otherwise unattainable on a stand-alone basis. Simultaneously, drove value for the developer by creating a business plan and product programming recommendations that ensured the project aligned with the acquisition parameters of the most aggressive participants in the market. Upon entitlement, executed a targeted marketing campaign that was customized to demonstrate how the opportunity met each homebuilder’s acquisition goals with respect to revenue projections, prevailing hurdle rates, delivery pipeline business plans, and average sales price targets.
El Paseo
Fontana, CA
Inland Empire
241
Unit Count
Subdivision
Asset Class
Public Homebuilder
Buyer Profile
Unimproved
Site Condition
Connected Community in Core Inland Empire
Located along Baseline Avenue, El Paseo was designed around a central paseo that connects the community’s amenities – a recreational center, community pool, and tot lot.
Sierra Lakes Golf Club
Sierra Lakes Marketplace
Almeria Park
Koehler Park
El Paseo
A.B. Miller High School
Dorothy Grant Elementary School