RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N 1

RANCON GROUP, INC.

B U I L D E R D E V E L O P E R D I V I S I O N

NAUTICAL COVEAPPROVED TENTATIVE TRACT MAP | 239 Single Family Lots in Menifee, CA

Building Relationships Building Communities Building A Legacy

Nautical CoveVER030718

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N i

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N Nautical Cove

TABLE OF CONTENTS

DisclaimerThe information contained in this Offering Memorandum has been compiled from a variety of sources believed to be reliable, however we do not guarantee its accuracy. All aspects of the property should be independently verified by the buyer and/or their consultants.

Project overview

• executive Summary

• Site Plan

• location maP

• aerialS

• water channel • neighborhood center

• neighborhood Park

• entry, hardScaPe & landScaPe

reSidential develoPment Study

• real eState economic rePort

Residential Housing summaRy 1st Q 2018

area overview

• menifee

contact information

Rancon GRoup, Inc.41391 Kalmia Street • Suite 200 Murrieta, CA 92562www.rancongroup.com • fax 951.834.9801

CONTACT JIm LytLe 951.200.2344jlytle@rancongroup.com BRE Lic. #0130987

mIke o’DonneLL 951.200.2369mikeod@rancongroup.com BRE Lic. #01142511

Rancon ReaL estate coRpoRatIon

www.rancon.com • BRE Lic. #00906060

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-1

NAUTICAL COVE - Executive Summary

Nautical Cove is located in the eastern portion of the City of Menifee adjacent to The Lakes at Menifee. It will be a gated, lake community with small parks, community clubhouse and pool. The project will feature lake front home sites on a 12-acre lake. While the minimum lot size is 6,000 square feet, several lots that back-up to Briggs Road will range from 11,300 to 12,620 square feet.

The project features 239 single-family residential lots with an approved Tentative Tract Map and preliminary engineering by Albert A. Webb & Associates. Nautical Cove’s lake will be an addition to the Salt Creek lake system that includes the lakes at The Lakes at Menifee and the original Menifee Lake development. The lake at Nautical Cove will feature fishing and boating. A regional trail system will also provide ample recreational opportunities.

Approved design guidelines for Nautical Cove include three gated entrees with monumentation, a neighborhood center, neighborhood park, five paseos, and three areas of open space. The project will span 77.15+ gross acres. The plan addresses all major components of the Menifee Valley Master Drainage Plan. The architectural design guidelines call for varied roof heights and pitches, variable lot sizes and setbacks, innovative designs and creative site plans. There will be a trail around the lake as well as a trail system along Briggs and Holland Roads. Nautical Cove is located directly across the street from the new Southshore Elementary School.

PROJECT DESCRIPTION

Gated Lake Community

• TTM #31229

• 77.15+ gross acres

• 239 Single-family residential lots

• Minimum lot size 6,000 sq ft

• 12.38-acre Lake

• Neighborhood Center Lot

• Neighborhood Park Lot

• APN #364-200-009-6

Nautical CoveNautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-2

PROJECT SIZE: 239 Single Family Residential Lots Minimum Lot Size 6,000 sf

PROPERTY CONDITION The property is flat and was once a dry-farm site, like much of the surrounding area in Menifee. It is within the Salt Creek flood plain, which will be addressed by the lake and subsequent flood control mitigation. A preliminary Geotechnical Investigation of the property in 2003 reported that no ground water was encountered within exploratory borings, which were advanced to a maximum depth of 101.5 feet. The site in not located within a California Special Studies Zone for fault rupture hazard and no known faulting has been recorded on the subject site.

MUNICIPALITY Tentative Tract #31229 is situated in the incorporated City of Menifee in Riverside County and in the Third District Supervisorial District, whereby enjoying all of the rights, opportunities and amenities cityhood affords.

LOCATION: Nautical Cove is within the City of Menifee, which was incorporated in 2008. It is in the southeastern portion of the city, near the new Loma Linda University Medical Center complex. It is also in close proximity to Mt. Jacinto College, Menifee Campus. The property is located at the northwest corner of Briggs and Holland roads, in a rapidly developing portion of the City of Menifee, and is just north of the new Pardee Homes development, currently under construction.

COMMUNITY FACILITIES DISTRICT: The property currently is within Newport Road CFD 03-01.

NAUTICAL COVE - Executive Summary

Nautical Cove

Project overview

ENTITLEMENT SUMMARY

• TTM #31229 - Approved by the County of Riverside on November 16, 2010 - Map is valid until November 16, 2022

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-3

HOA: HOA: No homeowners association has been formed

ENTITLEMENT SUMMARY: Tentative Tract #31229 is an approved tentative map Approved by the County of Riverside on November 16, 2010 Map is valid until November 16, 2022

SCHOOL DISTRICTS: Elementary and Middle Schools: Menifee Union School District - Elementary School: South Shore Elementary School High School: Perris Union High School District

UTILITIES: Sewer Eastern Municipal Water District Gas Southern California Gas Company Electric Southern California Edison Phone Verizon

NEARBY AMENITIES: The City of Menifee is developing rapidly with a new super center recently completed at the intersection of Newport Road and I-15. There are ample shopping opportunities within the city as well as in nearby Murrieta and Temecula. The city is home to the Mt. San Jacinto College, Menifee Campus.

Located just north of the City of Murrieta, and east of Canyon Lake, the City of Menifee and Nautical Cove are at the forefront of future residential development for Southwest Riverside County.

NAUTICAL COVE - Executive Summary

Nautical Cove

Menifee Lake

Heritage Lake

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-4

SOUTHSHORE ELEMENTARY SCHOOL City of Menifee Uses Measure DD Funds to Build “Missing” Sidewalks Near Schools Students walking to South Shore Elementary School, along the west

boundary of Nautical Cove, now have continuous, safe sidewalks to use thanks to the City’s Missing School Sidewalks project funded by Measure DD tax dollars. This is one of the first projects completed from the City’s Missing School Sidewalks project.

Nearly 750 feet of new sidewalk was built along the north side of Holland Road, connecting the existing sidewalk on Holland Road to the existing sidewalk on South Shore Drive, creating a continuous and safe walkway to South Shore Elementary School.

NAUTICAL COVE - Executive Summary

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-5

NAUTICAL COVE - Site Map

N A U T I C A L C O V EApproved Tentative Tract Map #31229

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-6

♦ Nautical Cove is within the City of Menifee, which was incorporated in 2008. It is in the southeaster portion of the city, near the new Loma Linda University Medical Center complex. It is also in close proximity to Mt. Jacinto College, Menifee Campus. The property is located at the northwest corner of Briggs and Holland Roads, in a rapidly developing portion of the City of Menifee.

INTERSTATE

SEA WORLDSAN DIEGO ZOO

TOPALM SPRINGS

SAN DIEGOINTERNATIONAL

AIRPORTSAN DIEGO

INTERSTATE

5

INTERSTATE

8

805

LOS ANGELESINTERNATIONAL

AIRPORT

SANTAMONICA

LOS ANGELES

LONG BEACH

ANAHEIM

POMONA

CORONA

INTERSTATE

405

BEAUMONTBANNING

HEMET

TEMECULA

ESCONDIDO

SANMARCOS

CARLSBAD

ENCINITAS

DEL MAR

WINE COUNTRY

MISSIONINN

DISNEYLAND

KNOTT'SBERRY FARM

QUEEN MARY

MARCHAIR MUSEUM

MIRAMAR

OCEANSIDE

60

INTERSTATE

10

INTERSTATE

15

INTERSTATE

15 INTERSTATE

215

INTERSTATE

215

79

79

79

74

INTERSTATE

5

76

78

ONTARIOINTERNATIONAL

AIRPORTINTERSTATE

10

22

INTERSTATE

105

605

91

91

91

INTERSTATE

5

INTERSTATE

15

INTERSTATE

5

INTERSTATE

10

60 RIVERSIDE

INTERSTATE

10

74

163

MURRIETA

Winchester

Perris

Lake Elsinore

Hemet

Diamond Valley Lake

Riverside

Lake Elsinore

Moreno Valley

Temecula

Lake Perris

Nuevo

Murrieta

MenifeeELDORADONautical Cove

NAUTICAL COVE - Location Map

N

W E

S

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-7

Nautical Cove

NAUTICAL COVE - Aerial - Facing East

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-8

Nautical Cove

NAUTICAL COVE - Aerial with Site Plan Overlay - Facing North

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-9

NAUTICAL COVE - Aerial with Site Plan Overlay - Facing West

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-10

NAUTICAL COVE - Water Channel

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-11

NAUTICAL COVE - Neighborhood Center

NEIGHBORHOOD CENTER

• Recreation building

• Pool & Spa

• Fireplace/Bar-b-que

• Volleyball court

• Shade canopies

• Open lawn play areas

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-12

NAUTICAL COVE - Neighborhood Park

NEIGHBORHOOD PARK

• Tot lot

• Basketball court

• Picnic areas

• Shade canopies

• Open lawn play areas

Nautical Cove

Project overview

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N I-13

NAUTICAL COVE - Entry, Hardscape & Landscape

Project overview

MONUMENTATION & HARDSCAPE

• Three gated entries with monumentation

• Trail around lake for residents

• Community trail system along Briggs Road

LANDSCAPE DESIGN

• Water saving technology

• Low water-use systems are strongly encouraged

• Drought tolerant landscaping

• Native plant materials

• Trees along streets to be a min. 24” box size when planted

Nautical Cove

Nautical Cove

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N II-1

reSidential develoPment Study

NEW HOUSING DEVELOPMENT - Real Estate Economics

MinMap Total Units Units List Advertised Price/ Maximum Size Bed Rm. Bath No. Of Garage Lot Size Assoc. Tax Mo.No. Builder City Community Units Off'd Avail. Quarter Overall Base Concess. Sq. Ft. Premiums (Sq. Ft.) Count Count Levels Spaces (Sq. Ft.) Dues Assess. Pymt. (1)

1 Province Brookfield Reside Menifee Audie Murphy Ranch 90 68 9 2.83 2.92 $436,588 $5,000 $137.55 $0 3,192 4.3 2.7 1.3 2.0 7,500 $98 $324 $2,5182 Willow Tree RSI Communities Menifee Audie Murphy Ranch 102 41 11 2.83 6.21 $396,656 $2,500 $163.36 $0 2,447 3.8 2.9 1.8 2.0 6,800 $99 $295 $2,3093 Ridge - The Richmond Americ Menifee Audie Murphy Ranch 86 42 8 1.77 3.37 $435,728 $12,000 $151.14 $53,181 2,875 3.9 3.0 1.5 3.0 7,200 $99 $284 $2,4544 Dakota Woodside Homes Menifee Audie Murphy Ranch 112 48 6 3.18 3.06 $397,190 $7,500 $162.47 $0 2,402 3.2 2.7 1.8 2.5 5,200 $85 $300 $2,2855 Carmel CAL Atlantic Menifee Heritage Lakes 110 110 2 0.39 2.59 $447,632 $5,000 $170.34 $23,135 2,651 4.8 3.0 1.5 3.0 7,600 $80 $369 $2,6006 Lakeview II CAL Atlantic Menifee Heritage Lakes 118 91 5 1.93 3.60 $384,761 $10,000 $166.50 $6,804 2,359 3.7 2.7 1.8 2.3 5,275 $80 $312 $2,2147 Newbridge CAL Atlantic Menifee Heritage Lakes 116 116 2 0.39 2.74 $485,206 $5,000 $152.65 $0 3,229 4.5 3.2 1.5 3.3 7,350 $80 $400 $2,8138 Newport CAL Atlantic Menifee Heritage Lakes 117 22 2 4.62 3.54 $419,453 $5,000 $139.75 $8,349 3,014 4.2 3.7 1.8 2.8 6,300 $80 $311 $2,4049 Parkview CAL Atlantic Menifee Heritage Lakes 69 22 3 3.47 3.36 $455,914 $5,000 $143.93 $6,498 3,258 4.3 3.3 1.5 3.3 7,400 $80 $338 $2,60510 Cypress KB Home Menifee Hidden Hills 114 50 16 4.52 5.81 $364,430 $0 $212.96 $0 1,735 3.5 2.0 1.0 2.0 6,000 $68 $273 $2,11111 Reflections at The Lakes Putte Menifee Menifee, The Lakes 54 4 3 0.62 0.62 $388,240 $0 $165.60 $0 2,388 4.0 2.5 1.7 2.0 26,136 $179 -$357 $1,71512 Heritage Heights Lennar Homes Menifee Menifee 122 44 8 3.85 6.72 $393,878 $7,000 $195.20 $596 2,053 3.4 2.1 1.0 2.0 7,200 $0 $272 $2,14013 Mountain Gate Woodside Homes Menifee Menifee 116 116 1 0.77 3.80 $402,098 $7,500 $186.86 $0 2,158 4.1 2.6 1.5 2.0 6,300 $0 $302 $2,17714 Cottonwood Pacific Communiti Menifee Pacific Mayfield 190 188 14 4.29 1.33 $384,926 $5,000 $131.44 $3,625 3,081 3.6 3.0 2.0 2.5 5,000 $45 $251 $2,12715 Primose Pacific Communiti Menifee Pacific Mayfield 134 15 2 1.38 1.38 $377,990 $5,000 $181.96 $0 2,098 2.0 2.2 1.0 2.0 4,000 $92 $77 $1,97416 Retreat DR Horton Menifee The Holiday 108 53 14 4.21 4.21 $332,201 $5,000 $186.38 $5,205 1,800 2.0 2.3 1.0 2.0 5,000 $168 $177 $1,93417 Camellia Lennar Homes Menifee The Lakes 143 143 1 0.41 4.09 $455,158 $7,000 $191.51 $0 2,420 3.7 2.7 1.7 3.0 6,800 $192 $299 $2,66818 Mariposa Lennar Homes Menifee The Lakes 110 54 4 2.47 5.17 $388,844 $7,000 $200.90 $1,465 1,941 3.3 2.5 1.0 2.0 6,250 $192 $255 $2,303

111.7 68.2 6 2.44 3.58 $408,161 $5,583 $168.92 $6,048 2,506 3.7 2.7 1.5 2.4 7,406 $95 $249 $2,2972,011 1,227 111 43.90 64.50

$405,300 $174.43 2,409

Audie Murphy Ranch 390 199 34 10.61 15.55 $416,541 $6,750 $153.63 $13,295 2,729 3.8 2.8 1.6 2.4 6,675 $95 $301 $2,391Heritage Lakes 530 361 14 10.78 15.83 $438,593 $6,000 $154.63 $8,957 2,902 4.3 3.2 1.6 2.9 6,785 $80 $346 $2,527Hidden Hills 114 50 16 4.52 5.81 $364,430 $0 $212.96 $0 1,735 3.5 2.0 1.0 2.0 6,000 $68 $273 $2,111Menifee 238 160 9 4.62 10.52 $397,988 $7,250 $191.03 $298 2,106 3.8 2.3 1.3 2.0 6,750 $0 $287 $2,159Menifee, The Lakes 54 4 3 0.62 0.62 $388,240 $0 $165.60 $0 2,388 4.0 2.5 1.7 2.0 26,136 $179 -$357 $1,715Pacific Mayfield 324 203 16 5.67 2.70 $381,458 $5,000 $156.70 $1,813 2,589 2.8 2.6 1.5 2.3 4,500 $69 $164 $2,050The Holiday 108 53 14 4.21 4.21 $332,201 $5,000 $186.38 $5,205 1,800 2.0 2.3 1.0 2.0 5,000 $168 $177 $1,934The Lakes 253 197 5 2.88 9.26 $422,001 $7,000 $196.21 $732 2,180 3.5 2.6 1.3 2.5 6,525 $192 $277 $2,485

Note: community sales reflects total monthly sales for all individual new home developments within the communityNote: Monthly Costs assume 80.00% LTV and 4.000% fixed 30yr. mortgageNote: Dens, bonus rooms, lofts, etc. are counted as bedrooms

Report run on: 2018-03-07Source: Real Estate EconomicsCopyright 2003-2015 Real Estate Economics

Real Estate Economics

GENERAL DISCLAIMERIN RECEIVING THIS DOCUMENT, YOU EXPRESSLY UNDERSTAND AND AGREE THAT: (a) WHILE REAL ESTATE ECONOMICS USES REASONABLE EFFORTS TO INCLUDE ACCURATE AND UP-TO-DATE INFORMATION, WE MAKE NO WARRANTIES OR REPRESENTATIONS OR WARRANT AS TO THE ACCURACY OF THE CONTENT AND ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY ERROR OR OMISSION IN THE CONTENT. REAL ESTATE ECONOMICS DOES NOT REPRESENT THAT USE OF ANY CONTENT WILL NOT INFRINGE RIGHTS OF THIRD PARTIES. REAL ESTATE ECONOMICS HAS NO RESPONSIBILITY FOR ACTIONS OF THIRD PARTIES OR FOR CONTENT PROVIDED BY OTHERS. (b) YOUR USE OF REALESTATEECONOMICS.COM IS AT YOUR OWN RISK. THE SITE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULLEST EXTENT PERMISSIBLE, PURSUANT TO APPLICABLE LAW, WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. (c) REAL ESTATE ECONOMICS DOES NOT WARRANT OR REPRESENT THAT (i) THE SITE WILL MEET YOUR REQUIREMENTS, (ii) THE SITE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, (iii) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SITE WILL BE ACCURATE OR RELIABLE, (iv) THE QUALITY OF ANY PRODUCTS, SERVICES, OR INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU THROUGH THE SITE WILL MEET YOUR EXPECTATIONS, (v) THE SERVER THAT MAKES THE SITE AVAILABLE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS; OR (vi) ANY UNKNOWN ERRORS IN THE SOFTWARE WILL BE. (d) ANY MATERIAL DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE SITE IS DONE AT YOUR OWN DISCRETION AND RISK AND THAT YOU WILL BE SOLELY RESPONSIBLE FOR ANY LOSS OR DAMAGE INCURRED, INCLUDING, WITHOUT LIMITATION, DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH MATERIAL. YOU (AND NOT REAL ESTATE ECONOMICS OR ANY OF OUR AFFILIATED COMPANIES OR ANY OF OUR OR THEIR RESPECTIVE LICENSORS OR SUPPLIERS) ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. (e) NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM REAL ESTATE ECONOMICS OR THROUGH OR FROM THE SITE SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS AND CONDITIONS OF USE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.

FLOOR PLAN CHARACTERISTICS Est. Mo. Costs

Riverside County as of 2018 Q1 Field Audit.New Housing Developments Surveyed in Select Areas of

RESIDENTIAL DEVELOPMENT SUMMARYREAL ESTATE ECONOMICS

OVERALL AVERAGES:

Monthly SalesSales Information PRICING INFORMATION

WEIGHTED AVERAGES: GRAND TOTALS:

Development

Page 1 of 12:00 PM 3/7/2018

Menifee 1st qtr 2018

AREA NEW HOME PROJECTS─ Menifee, CA ─

1st Qtr 2018

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N II-2

NEW HOUSING DEVELOPMENT - Real Estate Economics

NEW HOME PROJECTS─ Menifee / Winchester, CA ─

4th Qtr 2016

reSidential develoPment Study

NEW HOUSING DEVELOPMENT - Real Estate Economics

AREA NEW HOME PROJECTS─ Menifee, CA ─

1st Qtr 2018

Nautical Cove

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N III-1

area overview

MenifeeA vibrant, young city situated in the heart of Southwest Riverside County along Interstate 215, Menifee is one of the few communities in Southern California with available land in an economic development corridor. This business-friendly city is investing more than $170 million in infrastructure and traffic improvement projects over the next five years.

Recognized as one of the top 10 cities for growth in Southern California with a 2.4 percent growth rate per year, and a median age of 38 years, Menifee is attracting young families that are clamoring for shopping, dining and entertainment amenities in their own community. As more developers arediscovering this unique situation, Menifee is buzzing as the new hot spot in Riverside County.

Menifee at a Glance• Incorporated: 2008• Median Age: 37 years• Population: 90,660 (May 2017)• 2008-2016 Population Growth has increased 41%• Area: 46.6 Square Miles• 87th Largest City in California• Proximity to 22 Universities / Colleges - Mount San Jacinto College - Brandman University - Bellevue University• Median Home Values: $360,000+• Households: 35,000+• Number of Jobs: 34,800• Average Income: $76,000• Schools Ranking: 2nd in Academic Achievements• Unemployment Declining: - 2014: 8.9%; - 2015: 6.8%; - 2016: 6.2%; - 2017: 5.4%

NAUTICAL COVE - Area Overview

Nautical Cove

MENIFEE - AN AWARD WINNING CITY

RANCON GROUP, INC.B U I L D E R D E V E L O P E R D I V I S I O N IV-1

RANCON GROUP, INC.

B U I L D E R D E V E L O P E R D I V I S I O N

RANCON GROUP, INC. HEADQUARTERS41391 Kalmia Street | Suite 200 | Murrieta, CA 92562

T 951.696.0600 | F 951.834.9801

THE INFORMATION CONTAINED IN THIS OFFERING MEMORANDUM HAS BEEN COMPILED FROM A VARIETY

OF SOURCES BELIEVED TO BE RELIABLE, HOWEVER WE DO NOT GUARANTEE ITS ACCURACY. ALL ASPECTS

OF THE PROPERTY SHOULD BE INDEPENDENTLY VERIFIED BY THE BUYER AND/OR THEIR CONSULTANTS.

Jim Lytle Managing Director, Rancon Group - BRE Lic #01310987

jlytle@rancongroup.com • 951.200.2344

Mike O’Donnell Builder Developer Division, Rancon Real Estate - BRE Lic #01142511

mikeod@rancongroup.com • 951.200.2369

Nautical Cove

www.RanconGroup.com/projects/Nautical-Cove

Rancon ReaL estate coRpoRatIon

www.rancon.com • BRE Lic. #00906060