Blueprint Delivers Stalking Horse
Sale of four parcels of land slated for assisted living development in California
Blueprint is pleased to announce the sale of four parcels of land slated for assisted living development in California. The sale included two transactions, the first consisted of one site just over seven acres in a premier location adjacent to Del Webb Sun City of Lincoln Hills. The second transaction included the remaining three sites comprised of over 14 acres.
PDC Capital was a private equity firm based in Costa Mesa, California and specializing in EB-5 investments.
In January 2017, per the order of a federal judge, PDC’s assets were placed into an SEC receivership under the supervision of Thomas Seaman and Associates.
Included in the frozen assets were the four assisted living development sites.