Stonegate2019-01-03T22:37:33+00:00

Stonegate

Stonegate was a 2.57-acre church property bought during the downturn. Although the market was still in decline at the time of opening escrow to acquire the land, our straightforward approach and strong working relationship with the sellers allowed us keep moving forward. Ultimately, the church became our equity partner and the resulting 38 small lot PUD homes were sold profitably in 2008 and 2009.