Residual Group assisted an investor to assemble feasibility documents and underwrite the purchase of a note secured by a 2,043-acre master-planned community in Castle Rock, CO.

Brokers at Residual Group marketed and sold 3 master planned communities totaling 11,000 residential lots in Riverside County, CA.  The buyer was a developer who finalized the entitlements and completed the horizontal development.  We then represented the developer to sell blue-topped lots to public homebuilders.

CLOSED $5,825,000

Residual Group served as broker and asset manager for a mixed-use resort property at the base of Steamboat Springs ski resort. Asset management responsibilities included parceling off a hotel parcel which provided the Seller the opportunity to sell the property separately.

CLOSED $17,000,000

Residual Group marketed and sold 12 finished lots with sweeping views of San Francisco bay for $5,500,000. Residual Group also worked with the Dept of Real Estate and the HOA manager to obtain a “white report” certification allowing for retail sales of 10 constructed homes. This provided an estimated 20% increase in proceeds over a bulk sale.

CLOSED $1,245,000

Residual Group, on behalf of Compass Bank, worked with the buyer to revise an existing subdivision improvement agreement with the city allowing a production builder to build 45 lots for new home construction.

CLOSED $2,775,000

Cherry Valley Plaza is 16.5 acres of prime retail land along Interstate 10 in Calimesa, CA. Prior to marketing the property, Residual Group was able to determine a $310,000 cash account was held by the city for required improvements (unbeknownst to the Seller). This accounted for a dollar for dollar increase to the land residual.

CLOSED $2,100,000

Residual Group identified and negotiated the purchase of a 45,000 SF distribution facility in Ontario, CA.