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Mission Ranch, Riverside, CA

FACTS

Multiple Tracts

BUYER

Centex Homes, Richmond American, Beazer Homes & Joseph Nicholas Homes.

THE STORY

Created by the principals of Mission Pacific in a joint venture between Entrepreneurial Properties Corporation and Sheffield Homes, Mission Ranch is a 400+ acre, 1,250 lot master-planned residential community located in Riverside, California.

Over a six-year period, principals of Mission Pacific were primarily responsible for acquiring twelve different parcels of land from ten different sellers, designing ten separate residential tract maps, annexing the property and surrounding area into the City of Riverside, installing major regional infrastructure (including two sewer lift stations) and establishing a community facilities district. The sale of 340 acres of individual tract maps was consummated to Centex Homes, Richmond American, Beazer Homes, Joseph Nicholas Homes, and the Riverside Unified School District for both a middle school and an elementary school.