This major historic irrigated Roaring Fork River ranch property was represented by John Musick and acquired by investors led by John Musick as management for affordable housing.
The ranch was appraised for acquisition at US$38,500,000. Part of the ranch was dedicated for affordable housing to a tax exempt housing organization and ultimately to Pitkin County.
Over US$15,000,000 in sales were completed for housing employees. This resulted in a series of bridge, mezzanine, and long term capital credit facilities by private equity and ultimately, US$13,750,000 managed by major hedge fund.
The development responsibilities were transferred to national development team, and successful additional development entitlements were secured by that development team.
The property is under continued development and sales by that development team for in excess of US$15,000,000.
Capital formation and due diligence are the two sides of the sharpened edge of the same sword. Sharpen one side sharpens the other.
Both sides of the edge of the sword are needed to sever the Dragons head. Viewed in that way, why would one seek to dull due diligence in an effort to accelerate the provision or ease the pain of the capital formation?
A skilled hand is needed to handle the stone to sharpen the opposing edge of the sword without hurrying or slipping and losing a finger or other valuable appendage.
JOHNMUSICK.COM and their clients have all fingers and other valuable appendages; oh, yes, and also the money.
Natural resource acquisition, development and wholesale/retail sale requires due diligence and capital. If your natural resource needs are land, water, minerals, oil, gas or the green technology alternatives to those feed-stocks to industry, agriculture and business, JOHNMUSICK.COM is ready to lead your organization through the legal, due diligence and capital formation challenges to success.
Colonial Latin America is today modern Latin America with a respected colonial history. In leaping past third world status to the first among equals of first world status, Latin America will set the agenda for emerging and green technology.
Bio-diesel, ethanol, wind power, solar power and other green technologies will be productively developed in Latin America first.
JOHNMUSICK.COM is positioned to be a motive force in that revolutionary process. Our extensive due diligence, legal analysis and available capital partners will ensure the long term success of the plant, plan and process required for this green technology to add to the subtraction of adverse global environmental changes.
This legendary Southern California 11,500 acre mountain cattle ranch was represented by John Musick and other experts when it was fully entitled at a cost of about US$48,000,000 as a 7,200 housing unit, commercial and golf course master planned community.
Investors, led by John Musick as management, then acquired the property in a structured transaction supported by over US$15,000,000 in private equity, an assumption of US$42,000,000 in private equity Mello-Roos bonds, US$10,000,000 owner carry-back financing, and US$6,000,000 in major multi-national bank mortgage debt.
The ownership entity arranged for a Chapter 11 re-organization to stabilize the debt and re-structure the project capital.
Then 6,500 acres were acquired by major California developer for US$57,200,000, together with the assumption of about US$57,000,000 in Mello-Roos bonds owned by private equity, including management/equity partners. A major multi-national bank subsequently supported the developer with a US$275,000,000 senior debt, together with additional Mello-Roos bonds in an amount of over US$50,000,000.
The balance of 5,000 acres were also acquired by hedge fund giant, holder of over US$25,000,000 in senior mortgages (arranged by management after an intermediate note purchase by another major hedge fund) which subsequently arranged for a tax deductible eligible land dedication to a conservation association and reserving certain additional lands for future development.
The Water Works District entered into a water service agreement to support the project for about US$42,500,000, which was a revision to the original agreement negotiated by management valued at about US$18,000,000.
The 4,000 acre project is one example of lands in Mexico considered for active development. Parts of the particular lands shown were recently sold for about US$15,000/acre to the developers of a major national developer, with other parts possibly still available for purchase and development from the original landowners.
Other lands similar to the ones pictured are being explored for active development. All information is provided by, and protected by confidential non-circumvention/non-disclosure/non-competition agreements with the property owners and project management.
Additional detailed acquisition, development, sales, marketing, construction costs and other important due diligence information can be acquired by executing that agreement and by contacting the project management. The ultimate value of the development of the entire 4,000 acres will exceed US$1,000,000,000.
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