62 months
85.2 acres (35.2 acres of home sites; 50 acres open space) / Approved for 50 single-family homes
True Life Capital controlled this property for a period of 62 months, investing $6.4M into the project during that time. The original owner agreed to sell the property (via a purchase-and-sale agreement with TLC) for $9M. After TLC’s $6.4M investment, the builder acquired it for $22.1M, resulting in a $6.7M gross profit for TLC ($22.1M - ($9M + $6.4M) = $6.7M). True Life Capital was able to orchestrate the transaction without directly owning the parcel, effectively controlling a $22.1M asset for an investment of $6.4M.
Located just off of Carbon Canyon Road, this community has easy access to nearby cities of Yorba Linda to the west and Chino Hills to the east. Major nearby employers include The Walt Disney Company, Loma Linda University Medical Center, and UC Irvine. This parcel is especially unique because it includes 50 acres of undisturbed, private open space.
Purchased by Trumark Properties in March 2024