Funding

Funding Needed
$100 (Mio)
EB5 Funding
$100 (Mio)
EB-5 Investors
200
Investment Amount
$500,000

Jobs

Category
Real Estate and Rental and Leasing
Sub-Category
Lessors of Residential Buildings and Dwellings

Location

State
California
Location
Belago

1 follower

Viji Durga

Last Update: February 04, 2015 01:01 PM

Your Project was viewed 11 times (totally).

For the last 7 days 0 times.

Renaissance Village Rancho Belago


Project Description

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.

Project Highlights

  • 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

  • Clubhouse

  • Recreational Amenities

Regional Center

Continental Regional Center(former name USA Continental Regional Center)
Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.