EFTA01375658.pdf
📄 Extracted Text (233 words)
Cadence Master Plan (Mesa, AZ)*
Key Facts Project Overview
• GTIS originally acquired the Cadence master plan in partnership
Original Inv. Date: October 2012
with Harvard Investments in 2012, and is currently developing the
Equity Commitment: $65M
infrastructure needed to support a community of over 2,500
Partner: Harvard Investments residential units
Homebuilding Lots: 2,080
Apartment Units: Up to 700 • Cadence and neighboring Eastmark are the only remaining fully
Commercial: 51 acres approved master planned communities in the Chandler-Gilbert-
Mesa region of Southeast Valley
• Designed for 2,080 single family lots, 350+ multifamily units, and 51
acres of commercial space
• GTIS and Harvard Investments have completed development of (1)
entry features and amenities serving the entire Cadence master
plan; (2) Phase 1 onsite roads and infrastructure; and (3) individual
home parcels to finished lots
• All ten parcels (658 lots) in Phase 1 have been sold to seven
national and regional homebuilders with plans to build and sell
single-family homes. 163 homes sold since grand opening in
October 2018
• Potential to separate B2R, multifamily and commercial parcels in
the master plan into an Opp Zone to be developed by GTIS and
Harvard Investments over a 10-year period
•There can be no guarantee that the project will be consummated by GTIS Qualified Opportunity Fund LLC or at all 22
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071214
CONFIDENTIAL SDNY_GM_00217398
EFTA01375658
ℹ️ Document Details
SHA-256
474d4a8a335eb28d0e3b7744dea25160b44b09e2c4b35d835f3a8dbe6292147e
Bates Number
EFTA01375658
Dataset
DataSet-10
Document Type
document
Pages
1
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