Creating Visionary Communities for Today and Tomorrow

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Since the company’s founding in the mid-1970’s, Richland affiliates

have controlled over 40,000 acres of land valued in excess of $1

billion. The company has developed numerous integrated mixed-

use communities and projects for top national retailers, office and

industrial developers, and home builders.

Richland’s origins date back to the early 1970’s in Toronto, Canada,

where founder, Jack Bray, began his career as a real estate broker

and investment advisor. He later founded and operated his first

construction and land-management company in Calgary, Canada,

and in 1979 made his inaugural entry into the U.S. market with

residential developments in Houston, Texas. Bray later focused

his real estate investments in Orlando and Tampa, Florida before

eventually heading west to launch Richland’s development activities

in California in the mid-1990’s. In 2003, the company moved its

corporate headquarters from Tampa to Newport Beach, California.

In addition to real estate investment, Richland also is a leading

owner and operator of broadcast and telecommunications tower

facilities throughout the United States.

IntroductionRichland Communities plans, develops and delivers master-planned communities and mixed-use projects with state-of-the-art design and infrastructure for residential, office, retail and industrial development throughout California.

Richland shapes raw land into vibrant communities.

Pure Potential

Highland Reserve/Highland Park- Roseville, CA

Jack Bray attends public hearing for Florida development project.

Westlake Plaza – Thousand Oaks, CA

CEO Jack Bray and Vice President Matt Bray reviewing plans for the Office Towers of Stone Point Mixed-Use Development project in Roseville CA.

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Richland builds infrastructure to serve its developments.

Ownership

Richland has established a well-earned reputation as a

proactive, responsive, dependable and trustworthy land

development and investment partner.

Its executive, professional and support staff provide

the full range of skills – including planning, entitlement,

environmental, legal, construction management and

community relations expertise – required to effectively

engage with clients, investors and jurisdictions.

With a proven track record in delivering multiple large-

scale, well-planned and high-quality projects located

in strategic growth markets, Richland achieves results

normally associated with much larger organizations.

Family-oriented Richland is led by President, Chairman and CEO Jack Bray and Executive Vice President Matt Bray. The company’s experienced and highly skilled management team leads a seasoned professional staff with significant experience in all aspects of real estate and community development.

Richland brings proven expertise in all aspects of planning and execution of its developments.

Planning

Richland plans mixed-use projects to serve the market place.

Richland earns the confidence of communities in which it conducts business.

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With more than 35 years of experience in developing successful mixed-use communities in a variety of jurisdictions, Richland is well positioned to continue delivering innovative and high-quality developments where people enjoy living, working and playing.

The company has successfully delivered complex

infrastructure and community amenities, including

transportation systems, utilities, schools, parks, community

centers and open space. Richland has delivered thousands

of home sites and retail, office and industrial sites to builders,

developers and end-users with thousands more currently in

the pipeline.

Major Mixed-Use projects include:

• Southchase - Tampa, Florida

3,000 acres; 5,000 residential units; 1 million square feet of

commercial

• Sonterra / Stone Oak - San Antonio, Texas

2,000 acres; 5,000 residential units; 18-hole private golf club

• Arrowood - Oceanside, California

540 acres; 1,000 residential units; 18-hole championship golf

course

• Highland Reserve / Highland Park - Roseville, California

2,330 acres; 6,000 residential units; 3.5 million square feet

of commercial; 2.5 million square feet of office

Experience

Land Development

Richland’s contractors getting the job done.

Luiseño Park at Arrowood Community - Oceanside, CA

2nd Hole at Arrowood Golf Course - Oceanside, CARichland creates communities that are economically,

socially and environmentally sustainable.

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Vision & ValuesRichland’s intuitive understanding of ever-changing markets coupled with exceptional execution have established the firm as a substantial and growing force in the real-estate development and investment arena.

Richland is an organization that is deeply invested for the long term in strengthening the economic, social and environmental health of the communities where it operates. Through superior planning and design, Richland creates communities that provide high-quality life styles in balance with environmental sensitivity and economic growth. Because they are developed with long-term vision, Richland’s communities stand the test of time and will remain vital for decades to come.

Richland’s strong corporate values guide its work and form the foundation of its success. These core values include innovation coupled with uncompromising integrity and accountability. The company places an especially high value on relationships with its external stakeholders – including clients, professionals, neighbors, community organizations, government staff and elected officials – wherever it does business.

Richland works with development partners that deliver housing, commercial, office and industrial projects of the highest quality.

Proposed mixed-use neighborhood commercial center at River Park - West Sacramento, CA

Reflection pond at Westfield’s Galleria Mall - Roseville, CABuilt Assets

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The very name, Richland Communities, reflects the priority they place on relationships where they’re doing business. They become an integral part of the community with their support and with their heart. I appreciate the company and the people who run and operate it. They sincerely are a part of our community and you would appreciate them coming to your community.

Mayor Paul Leon, City of Ontario, CA

Richland understands the importance of corporate

citizenship and strives to be a “neighbor of choice” in

the communities in which it operates.

Through its development work and active community

involvement, Richland contributes significantly to

the economic, environmental and social health of its

communities. The company partners with numerous

community organizations to make investments that

provide long-term social benefits. Richland also takes

tangible steps in its developments to protect and sustain

the environment, such as preserving open space and

sensitive critical habitat. The company strives for

continual improvement in its work. Its developments are

cutting edge in their creative approach to effective and

efficient use of natural resources.

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Citizenship

generously supports community activities including youth programs, arts, education...

and sports.

Richland values its neighbors and...

CommunityAt the heart of Richland’s success is a strong and ongoing commitment to integrate the organization into the communities in which it does business. The company places a premium on developing a deep understanding of local priorities through ongoing collaboration with key public-sector staff, regulators, community and neighborhood organizations, elected officials and neighbors. As a result of this dialogue, Richland is able to deliver projects that provide significant economic, social and environmental benefits.

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Economic Growth When Richland proposed the Highland project, Roseville was a growing community but its economic engine was not yet fully revved. It was an ambitious, large-scale plan that we knew would take a highly capable organization to execute. Now that the project is nearly built out, it’s clear that it has played a central role in Roseville’s tremendous economic growth. With the mall, a variety of housing types and a strong job center, the Highland project has been a major contributor to the overall economic health of the city.

Al Johnson, City Manager, 1988-2003, Roseville, California.

Community Impact Richland has been very generous to the Boys and Girls Club with financial donations. Jack Bray has been a member of the national Boys and Girls Club’s Jeremiah Milbank Society, our honorary group for particularly generous donors. But more importantly, Richland assigned one of its vice presidents to join our Board. He started at a particularly dire time for the Club and quickly became a trusted working member of our management team. He worked hard and provided critical leadership. Over the last seven years our Club has experienced a major turnaround. Richland’s financial contributions and sweat equity significantly contributed to this great result.

Tammy Walz, Chief Professional Officer, Oceanside Boys and Girls Club

Environmental Benefit The California Department of Conservation, the City of Lathrop and Richland’s project is an excellent example of how state and local government can work with the development community to benefit Californians. Meeting urban needs can sometimes become complicated and contentious when farmland conversion is at stake. But in this case, all of the parties involved benefited. It’s a win-win project. Richland’s use of the Easement Exchange Program providing for the dedication of nearly 1,000 acres to the Central Valley Farmland Trust deserves a great deal of credit for doing things the right way. They’ve established the standard for future situations like this.

Mike Chrisman, Secretary for Resources, State of California

Outreach Richland has been a great community partner. In proposing the River Park project, they’ve listened carefully to and acted upon the input of our residents. I’ve been impressed with and am very appreciative of its support for numerous West Sacramento programs that are important to our residents. The Richland team has demonstrated in a very tangible way its strong commitment to corporate citizenship and it has had a very positive impact on our city.

Oscar Villegas, Mayor Pro Tem, City of West Sacramento

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Locations

OFFICE LOCATIONSRichland’s corporate headquarters is located in Newport Beach, CA, with regional offices located in Roseville, CA and Tampa, FL and a satellite office located in Lathrop, CA.

2220 Douglas Boulevard, Suite 290Ph: 916.782.3330 / Fax: 916.784.3369

Roseville, California 95661

400 North Ashley Drive. Suite 3010 Ph: 813.286.4140 / Fax: 813.286.4130

Tampa, Florida 33602

4100 Newport Place, Suite 800 Ph: 949.261.7010 / Fax: 949.261.7016

Newport Beach, California 92660

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4100 Newport Place, Suite 800 • Newport Beach, CA 92660

Ph: 949.261.7010 • Fax: 949.261.7016 • Website: richlandcommunities.com