Tesoro
Rancho Mirage, CA
$28,690,000
Luxury Single Family Homes
Acquisition, Development and Construction Loan

LFB was engaged by a repeat client bringing high-quality for-sale residential projects to communities across the Mountain West Region, to finance the development and construction of several projects.

The subject project is comprised of an 82-lot subdivision in a final map ready-to-record condition, will target luxury move-up buyers in the Coachella Valley. The project will offer high-end finishes paired with neighborhood amenities including a pickleball court, basketball, and dog park with residential lots ranging in size from 9,000 SF up to 17,500 SF.

LFB is actively building a programmatic relationship with capital around this sponsor for the acquisition and build out of their extensive pipeline of future communities.

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