RANCHO DEL ORO SITE
Location: Oceanside, CA
Acquired: Land in 2002
Site Size: Approx. 15 Acres (Suburban Infill)
Property Type: Mixed-Use Multifamily and Commercial Land
Total Project Cost: $1.5 million
Equity Source: Monarch Partners’ Equity
Debt Provider: N/A
Status: Sold December 2004
Total Sale Proceeds: $9.2 million

Highlights:
During the two-year investment period, Monarch oversaw the planning of a comprehensive mixed-use project consisting of 321 apartment units and approximately 20,000 sq. ft. of commercial space. The site was sold in December 2004 to Concordia Homes.