Residential Transaction Overview

Date of Investment	2001
Transaction Size	N/A
Remediation, Insurance and Redevelopment Costs	N/A
Type of Assets	Residential
Gross Rentable Area	1,100-acres
Location	Sedalia, CO

Transaction Background

Our client acquired a 1,100-acre parcel of land that is located along Highway 85, outside the town of Sedalia, Colorado. The property attributes include rolling hills, a stream and dramatic 360-degree views from Pikes Peak to Longs Peak. The site is in close proximity to the exclusive residential area of Castle Pines and has large areas that are densely wooded, as well as wide-open plains. The development plan includes 64 high-end residential estate lots, a metro district and infrastructure plan, while preserving over 750-acres of open space.