HOMEFED CORPORATION
DISCOVERY CALIFORNIA, LLC
$171M
FIRST TRUST DEED TO ADDITIONAL DEVELOPMENT LAND
Côta Vera
Côta Vera, or otherwise known as Village 8, is the newest village in the 22,899-acre Otay Ranch, one of the largest and most successful master-planned communities in the United States. This new community is made up of two parts. The West Village and the East Village. Côta Vera West is the first phase of this new community, and Côta Vera East is in the early planning stages
Cradled in the rolling hills of Otay Ranch, and cooled by the afternoon South Bay breeze, this new community is located approximately 18 miles southeast of downtown San Diego and 14 miles from the nearest beach. This rapidly growing suburban area is surrounded by outdoor recreation, shopping centers, entertainment, and employments centers.
Highlights
- Wander through artwork curated from local schools and organizations.
- Dance the night away at community outdoor concerts or enjoy a cozy evening movie in the park.
- Get all the zoomies out and meet new fur friends at the off-leash dog park.
- Find gems at neighborhood shops just steps from your door.
- A quick and convenient spot to fill your tank and grab a snack.
- Let the kids enjoy the day on a playground that will open a whole new world of fun.
Project Summary
280 Residential Units including 1- and 2-Bedroom Apartments, “Big House” Units with Direct-Access Garages, Resort-Style Pool & Spa, Fitness Center, Co-Working Spaces, Rooftop SkyDeck, Outdoor Dining & Grilling Areas, Dog Park, Children’s Playground
Explore project details
Located in one of Manhattan’s most desirable neighborhoods, this condominium project is positioned to benefit from strong housing demand and offers EB-5 investors a robust financial structure with sufficient job creation and a market-based exit.
EXPLORE PROJECT DETAILS
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The project listing is for informational purposes only and is NOT intended to be a solicitation or inducement to invest. Investment opportunities reflected on this website may only be a available for certain investors.
The project listing is for informational purposes only and is NOT intended to be a solicitation or inducement to invest. Investment opportunities reflected on this website may only be a available for certain investors.
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Total Project Costs
$738628660
EB-5 Funds
$171000000
Job Creation Needed
2680
Total Job Creation
4038
Jobs per Investors
15
Loan Term Years
3
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