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4898 El Camino Real

1. Building Permits: We have received full set of comments from the City early this month & our team is working on addressing them. We are also value engineering on the structural side to reduce cost of construction. We expect to resubmit early next month.

2. Final parcel map: The updated Final T-Map is with the City for approval. Due to only one engineer available at the City, the process is slowed. 

3. Finance: We are working with 2 lenders closely on construction financing and are working on providing all documents required to get the loan to final underwriting. We aim to close the construction loan in the next 60-80 days.

Also we are raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.


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1. Building Permits: The re-submission intake was successful and we expect feedback / approval by mid of August.

2. Final parcel map: The Final T-Map is with teh title company for review,  post which we shall print the mylars & get the Map recorded in name of ADL 15 LLC by early next week.

3. Finance: We are working with 2 lenders closely on construction financing and are working on providing all documents required to get the loan to final underwriting. We aim to close the construction loan in the next 60-80 days.

Also we are raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.


1. Building Permits: The re-submission intake was successful and we expect feedback / approval by mid of August.

2. Final parcel map: The Civil Engineer is working on updating the Final Map title Block and resubmitting to the City for stamping. Post which we shall print the mylars & get the Map recorded in name of ADL 15 LLC.

3. Finance: After closing the acquisition financing on the project, we are working with 2 new sources on the construction financing and anticiapte to close this in next 6-8 weeks while we recieve the building permits and final Map .

Also we are raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.


1. Building Permits: The re-submission intake was successful and we expect feedback / approval by mid of August.

2. Final parcel map: The Civil Engineer is working on updating the Final Map title Block and resubmitting to the City for stamping. Post which we shall print the mylars & get the Map recorded in name of ADL 15 LLC.

3. Finance: After closing the acquisition financing on the project, we are working with 2 new sources on the construction financing and anticiapte to close this in next 6-8 weeks while we recieve the building permits and final Map .

Also we are raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.


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1. Building Permits: As planned, we have re-submitted the set to the City for review and expect feedback / approval by mid of next month.

We have developed beautiful realistic interior renders for the project this week.

2. Final parcel map: As a milestone, we have closed the Escrow and the Title is in the name of ADL 15 LLC. We are working on now updating the title block in the Approved Final Map and get the same recorded with the County. The advance Tax bond is also paid.

3. Finance: We have successfully completed the Acqusition financing on the project last week, leading to close of escrow on the land. We will now start working on the construction financing to make sure we can secure it within the next couple of months whilst we recieve the building permits approval.

Also we are raising a Preferred Equity round of 1.5M for construction financing on this project with a 24 months term and 17.5% annualized return.


1. Building Permits: As planned, we have re-submitted the set to the City for review and expect feedback / approval by mid of next month.

We have developed beautiful realistic interior renders for the project this week.

2. Final parcel map: As a milestone, we have closed the Escrow and the Title is in the name of ADL 15 LLC. We are working on now updating the title block in the Approved Final Map and get the same recorded with the County. The advance Tax bond is also paid.

3. Finance: We have successfully completed the Acqusition financing on the project last week, leading to close of escrow on the land. We will now start working on the construction financing to make sure we can secure it within the next couple of months whilst we recieve the building permits approval.


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1. Building Permits: We have completed addressing majority of the comments and currently working on the last items- Structural, Landscape & Architecture Set before we compile the set by next week and re-submit to the City. Delay in responses to several queries from the City blocked us on the Civil track. We have developed fresh beautiful realistic renders of the project.

We have now finalised the HOA Budget , but submission to DRE is on hold till the CLose of Escrow.

2. Final parcel map: As a milestone, the Final Map has been Approved by the City. We are now working to pay the Advanced taxes to County and print the Mylars. We expect the Maps to be recorded by mid of next month. 

3. Finance: We are looking for Construction finnacing lenders for the project and currently are in touch with 2 lenders on the same. Seeing the current market fluctuations, we anticiapte to close the loan by next 6-8 weeks.


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1. Building Permits: The team is working meticulously on the comments received from the City. We are targetting to get all responses along with the set ready to be resubmitted by this month end. The major comilation includes- Lanscape, Title 24, Stuctural, Architectural and MEP. We have also developed fresh 3D realistic renders for the project & working on finalising the HOA Budget for submitting to DRE.

2. Final parcel map: We  expect response from the city by next week on final map. Since the last comments from City were pretty minor, we also expect approval on final parcel map and look forward to recording it in 1-2 month time.

3. Finance: We are looking for Construction finnacing lenders for the project and currently are in touch with 2 lenders on teh same.


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1. Building Permits: We have received the Intake Fee according to the new Fee structure of the City. The building permit set review is under progress as per the City and we hope to pay the Intake Fee by early next month.

2. Final parcel map: The parcel map has been successfully submitted to the City and is under review. We have received the updated Fees Schedule and made the payment for the Final parcel map review.

3. Finance: We are looking forward to getting the escrow on land closed by the next 3-4 Weeks. We are already working with 2 lenders on the same and an appraisal has already been ordered and is expected to be delivered by early next month.


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1. Building Permits: As we had already submitted the building permits set 2 weeks ago, we look forward in getting the intake fee estimates from the city which is delayed due to the city's new fee structure and hence they will provide us the fee as soon as they calculate it according to the new schedules. Meanwhile, the sets are expected to be reviewed by the city and feedback on the same is expected this month.

2. Final parcel map: The parcel map has been successfully submitted to the City and is under review. We are expecting fee estimates as per the new schedule and also the feedback on the submittal by next 2-3 weeks.

3. Finance: We are looking forward to getting the escrow on land closed by March'22. We are already working with 2 lenders on the same.

4. DRE: We are working with the Title company & HOA consultant to file for Pink report with DRE early next week.


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  1. Building Permits: As planned, the permit set has been submitted to the City. We look forward to making the payment of intake fees and getting the feedback next month.
  2. Final parcel map: The parcel map has been successfully submitted to the City this week. We are following up with the City engineer to provide us with a date for feedback.
  3. Finance: We are looking forward to getting the escrow on land closed by March'22. We are already working with 2 lenders on the same.
  4. DRE: We are working with the Title company & HOA consultant to file for Pink report with DRE early next month.  

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We have the set ready & looking forward to submitting the building permit set to the city this week and the intake of the same is expected to next week. Feedback is then expected from City by mid of March. The final parcel map and condo map are to be submitted to Public Works Dept. by the mid of this month.

We are looking forward to getting the escrow on land closed by March'22. 


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We have completed working on the Building set & reviewing / compiling the same for submission of the full building set to the City on Monday as planned. 

We are left with last $100k spot on this exciting project,  Invest Now! The Electrical meter removal was also completed by PG&E this week and the Final Joint Trench Design has been submitted to PG&E for approval. We are also working with our Title Company for DRE filing. 


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As per the review of our plans by the PE & City planners, we were advised to change the location of transformer from pad mounted to underground which is done by our Achitect this week. We look forward to updating other Landscape & Civil sets accordingly and compiling full Building Permit set next week. 

Also, we successfully submitted the Project PG&E application and working with our Surveyor to finalize the Parcel & Condo Map for submission to City this month. 


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With reference to discussions with all our consultants, we are on track to compile the set by end of this month and submit the same to the City early next month. The architectural, MEP, structural plans are currently under review with the P.E.

We are also working with the title company on the DRE process and expect to receive the pink report in 2-3 months so that we can begin pre-sales on this project. Also we had the utilities disconnected, meters removed by PG&E this week.


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1. Building Permits: We made the plan check fee payment to the City and also received the building permit comments on Friday. The team is working on the same and the set should be ready for re-submission in the next month.

2. Final parcel map: We  have re submiited the Final Map revesion post the comments from the city this week and are expecting to hear back from them in next 4 weeks.

3. Finance: Financing is secured and we look forward to getting the loan documents for signing next week.


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As planned, the Architectural, Landscape, irrigation, MEP, Structural sets have been finalised internally and currently working with Civil engineer on the Grading & drainage plans. We can now begin with Title 24 calculations which will take 2-3 weeks to complete. 

We have also registered our Tract Map with County (TRACT-10581) this week.

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Almost 95% filled, just 200k Remaining!! Grab this opportunity to invest in Low Risk, high Returns Project- Click Here for more details & to Invest now!

As informed last week, we have cosed on number of Critical balance coordination items & reviewing the Set internally. Once Architectural, MEP & Structural Sets are finalized early next week, Title 24 calculations will take more 2 weeks to complete the Building Permit Set for submission this month. 


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Final opportunity to invest in this project. Click Here for more details & to Invest now!

As informed last week, we continue to coordinate for number of items between architects, civil engineer, MEP Engineers & Landscaper in order to compile the final set for submission early next month. 


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Don't miss on the opportunity to invest in this Low Risk, High return project. Click Here to Invest!

As informed last week, we continue to coordinate for number of items between architects, civil engineer, MEP Engineers & Landscaper in order to compile the final set for submission early next month. 


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The Preferred Equity raise with a 15% annualized return on investment is filling up fast with last few spots remaining! Click here to INVEST NOW! 

This week we have been coordinated with all consultants Civil, Joint Trench, MEP, Architecture & Landscape to compile the set. Further, we look forward to receiving Final Map & Improvement Plan package from Civil Engineer for submission to the City by next week.

We have received the CC&Rs, Bylaws, Purchase agreements & articles from our Attorney & continue to work with consultants on DRE Budget.

 


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The Preferred Equity raise with a 15% annualized return on investment is filling up fast with last few spots remaining! Click here to INVEST NOW! 

This week we started engineering for Mechanical, Electrical & Plumbing for this project and coordinating with all our consultants - Civil, Title 24, Landscape etc. for compiling the Building permit set requirements. We look forward to submission next month end. We are also on track to submit the Final Map package by mid of November.

We have also started working with our Attorney on Draft CC&Rs, HOA and with the DRE Consultant on Budget & filing for Pink Report. 

 


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The Preferred Equity raise with a 15% annualized return on investment is filling up fast with last few spots remaining! Click here to INVEST NOW! 

The last tenants have vacated the property and we now have the property in our possession. We are working with our lenders to put in financing to close the escrow on the land purchase this month. We have also initiated process for utility disconnections from the property. We are on track to prepare the Building Permit submission set and working closely with all consultants.


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We are pleased to announce about the opportunity to invest in a high return and low risk project this week! This new Preferred Equity series of investment that will fetch  a preferred return of 15% annualized return on investment. Click here to reserve your spot now as it is getting filled up fast. As informed last week, the preparation of Architectural, Structural, MEP Model, Civil Plans, Title24, Landscape & DRE Budget are in progress and we are coordinating closely with all consultants.

View the Project Approved / Entitled Plans: Click here


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An awesome opportunity to invest in a high return and low risk project. Grab the opportunity soon before it fills out. We bring in a  new Preferred Equity series of investment that will fetch  a preferred return of 15% annualized return on investment.Click here to reseve your spot.

With this information it brings an awesome opportunity for you to invest in an asset class where the risk associated is drastically low but the return on investment is high as we need to close out this raise pretty soon. As we are committed to growing our investor wealth and building good relationships hence we have increased our return on investment for this specific class of investment preferred shares.This preferred equity raise is for the construction of our 28 unit condos project centrally located at a very prime location in Los Altos.. The project is fully entitled by the city and we are working with the building department in order to pull our building permits and eventually begin construction. These twenty eight five-story condos exude modern luxury with larger rooftop, gym and installed solar panels along with EV chargers!  The project is an electric one with solar integration, and in addition to this there is a two level parking facility enabling proper Garage space for each of the condos. 

We have started working with Consultants and Planners from the city to submit the building package to the city and get this 50,000 sqft project ready to be constructed in the coming 9-10 months! 

We are excited to launch our new five-story 28 unit multi-family Development with two levels of underground parking on the prime location of  El Camino Real in the heart of Los Altos! The 47,587 sq.ft. project includes 6 affordable units with open terrace and is completely entitled and modern amenities. We look forward to submitting for the Building Permits to the city soon.Hence we bring in an opportunity to invest in this early stages of the project.This is a 500k raise which is already 200k filled , hence leaving a very few spots left . Visit the offering page here in order to reserve the final spot by clicking the "Invest Now" button, or immediately call Kirti at (650) 567-4701!

 

The current status on the project is

  1. We are working to finalize consultants for all trades for further obtaining Building Permits & Final Map recordation. We are evaluating & negotiating on the bids received this week and already started working on the Architectural Set. 
  2. We have successfully obtained Will-serve letters from all major Utility service providers & working with PGE for disconnections.As informed last week, we have now closed contracts on majority of the trades and on track to prepare for the Building Permit submission.
  3. The preparation of Architectural, Structural, MEP Model & Civil Plans are in progress. We currently estimate a 6-9 months timeline to begin construction on this project located in the heart of Los Altos City. 

 

As an update, this Preferred Equity raise is specifically investing into our 4898 El Camino project in Los Altos!We are currently raising 500k initially on this project to put in the deposit for acquisition of the land, which we have already raised for along with the remaining 300k for the soft costs . As a Preferred Equity investor, you will receive 15% annualized preferred return until the project is completed. 

 

This opportunity is about to fill out fast, so be sure to Click here in order to "Invest Now" and reserve your space in the offering. Please also feel free to reach out to us directly with any questions you have by responding to this email or giving us a call at (650) 567-4701.

 

Looking forward to connecting with you soon!


Rooftop

 

We are excited to launch our new five-story 28 unit multi-family Development with two levels of underground parking on the prime location of  El Camino Real in the heart of Los Altos! The 47,587 sq.ft. project includes 6 affordable units with open terrace and is completely entitled with modern amenities. We look forward to submitting for the Building Permits to the city soon.Hence we bring in an opportunity to invest in this early stages of the project.This is a 500k raise which is already 200k filled , hence leaving a very few spots left . Visit the offering page here in order to reserve the final spot by clicking the "Invest Now" button, or immediately call Kirti at (650) 567-4701!

 

The current status on the project is

  1. We are working to finalize consultants for all trades for further obtaining Building Permits & Final Map recordation. We are evaluating & negotiating on the bids received this week and already started working on the Architectural Set. 
  2. We have successfully obtained Will-serve letters from all major Utility service providers & working with PGE for disconnections.As informed last week, we have now closed contracts on majority of the trades and on track to prepare for the Building Permit submission.
  3. The preparation of Architectural, Structural, MEP Model & Civil Plans are in progress. We currently estimate a 6-9 months timeline to begin construction on this project located in the heart of Los Altos City. 

 

As an update, this Preferred Equity raise is specifically investing into our 4898 El Camino project in Los Altos!We are currently raising 500k initially on this project to put in the deposit for acquisition of the land, which we have already raised for, along with the remaining 300k for the soft costs . As a Preferred Equity investor, you will receive an 10% annualized preferred return until we break ground, and then a 12% annualized preferred return until the project is completed. In addition to the preferred returns, there is a 5% profit share with the entire preferred equity investor pool! Based on our projections for the project, we are anticipating a 15.5% annualized return for the Preferred Investors, which includes the profit share.

 

This opportunity is about to filled out fast, so be sure to Click here in order to "Invest Now" and reserve your space in the offering. Please also feel free to reach out to us directly with any questions you have by responding to this email or giving us a call at (650) 567-4701.

 

Looking forward to connecting with you soon!


Rooftop Main

As informed last week, we have now closed contracts on majority of the trades and on track to prepare for the Building Permit submission. The preparation of Architectural, Structural, MEP Model & Civil Plans are in progress. We currently estimate a 6-8 months timeline to begin construction on this project located in the heart of Los Altos City. We further look forward to opening investment opportunities in this property for 500k, out of which 200k is already filled. 

View the Project Approved Plans: Click here


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Having acquired the fully entitled new five-story 28 unit multi-family Project in the one of the most prominent locations of Los Altos, we are working to finalize consultants for all trades for further obtaining Building Permits & Final Map recordation. We are evaluating & negotiating on the bids received this week and already started working on the Architectural Set. We have successfully obtained Will-serve letters from all major Utility service providers & working with PGE for disconnections.

View the Project Approved Plans: Click here


Whatsapp image 2021 08 28 at 5.18.24 am Whatsapp image 2021 08 28 at 5.59.36 am

We are excited to launch the new five-story 28 unit multi-family Development with two levels of underground parking on the prime location of  El Camino Real in the heart of Los Altos! The 47,587 sq.ft. project includes 6 affordable units with open terrace and is completely entitled. We look forward to submit for the Building Permits.

To read more  Click here


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