3309 San Rey Lane

Rancho Viejo Premier Development Opportunity CostEfficient and MarketAligned Key Investment Highlights Approvals Secured Full County scoping letter and Fire District agreements in place Phased Development Reduced upfront costs with optimized twophase buildout 10M in Cost Savings Modular construction grading optimizations and road design efficiencies Strong Rental Demand Byright ADUsJADUs in a highgrowth Southern California corridor Project Advantages 1 Flexible Land Use Designations Active Use Open Space Permits clubhouses trails recreation and water features Passive Restorative Use Allows gradingdevelopment with approved landscape restorationresolving prior ownerships roadblocks 2 Accelerated Deferred Costs Emergency Road Approval Secondary access downgraded from primary road standards cutting 2M in initial costs Phase 2 Deferrals Fire Dept approved delaying full emergency road buildout accelerating Phase 1 29 lots 3 Optimized Site Engineering Grading Plan Reduced import volumes while expanding usable yard space via elevated home pads Modular Construction Approved for 30 faster vertical build with modernrustic designs and covered parking integration 4 Lower Infrastructure Costs Santa LuzInspired Roads Droughttolerant fireresistant landscaping with reduced sidewalkstreet expenses Traffic Study vs Full Road Build 500K savings vs original secondary access requirements 5 HighDemand Rental Model ADUJADU Inclusion Projects premium rents using tricounty OrangeSan DiegoRiverside comps Proven Precedent Maintenancedesign benchmarks from awardwinning Santa LuzCielo communities 6 RiskMitigated Execution Geotech Complete Keller groundimprovement plan locked TopTier Team Designengineering leads with regional success track records Why Invest Now Approvals in Hand No entitlement delays Cost Certainty 6M savings already engineered into plan SoCal Housing Shortfall ADUfriendly project meets urgent rental demand Exit Flexibility Buildtosell or hold as cashflowing rental portfolio Attachments Pro forma gradingroad plans modular design renderings Next Steps Lets discuss capital structure and presales strategythis asset wont last