- Funding Needed
- $100 (Mio)
- EB5 Funding
- $100 (Mio)
- EB-5 Investors
- Investment Amount
- Real Estate and Rental and Leasing
- Lessors of Residential Buildings and Dwellings
- Last Update: February 04, 2015 01:01 PM
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Renaissance Village Rancho Belago
Developed by Continental East Development and situated in an ideal location, Renaissance Village Rancho Belago will be a state-of-the-art Assisted Living and Memory Care community serving the city of Moreno Valley and greater Riverside and San Diego Counties. The site is currently under construction with a planned 3nd quarter 2014 completion date. In October 2010, Continental East Development (CED) acquired Renaissance Village Rancho Belago from Key Bank. The site +7 Acres was previously entitled for 112 condo units. Current condition of property is mass rough graded including off-site improvements to Moreno Beach Dr.
Former Real Estate Owned [REO] Property
Site originally planned for 112 condo units
Condo development was fully entitled
Off-site infrastructure completed to Moreno Beach Dr.
Net Density- 18.6 Units/Acre
CED, in August 2012, obtained unanimous planning commission approval to proceed with its planned senior care development. On site grading is in process. Planned opening September 2014.
Site Area: +7 Acres
Phase I Assisted Care Beds: 64
Phase I Memory Care Beds: 36
Total Phase I Beds: 100
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