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CURRENT LISTINGS

Mesa Verde Estates

Mesa Verde Estates (Calimesa) — Specific Plan and TTM Approved for up to 3,450 DU on 1,492 AC

Location — The Mesa Verde property is the first & northernmost project in the original County of Riverside Oak Valley Master Plan, which stretched along both sides of the I-10 corridor from Calimesa, to Beaumont & into Banning. It is generally located off of Sandalwood Drive and Southwest of Interstate 10 in the city of Calimesa, Riverside County, CA.

Description — Over 1,500 acres of undeveloped land with Specific Plan/EIR and TTM Approval for 3,450 Residential Units. The offering consists of 100% interest in a note with an original principal amount of $20,500,000. The note is currently owned by various parties & is secured by the Mesa Verde Estates property. The debtor has placed the note in voluntary bankruptcy to consolidate ownership of the note through a Court approved sale.

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