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COTA VERA
CHULA VISTA, SAN DIEGO, CA

HomeFed has been developing award-winning master-planned communities for over 30 years. Largest owner of residential land in San Diego County. Public company with a strong balance sheet, conservative approach, and low leverage.
Wholly owned by Jefferies Financial Group, a diversified investment company traded on the New York Stock Exchange (symbol JEF), with a market cap in excess of 9 billion.
HomeFed's sister company Jefferies Group LLC is the 9th largest investment bank in the world by revenue.

PROJECT SUMMARY

909628660
$Total Project Costs
171000000
$EB-5 Funds (19%)
268
Number of Investors
2680
Job Creation Needed
4038
Total Job Creation
5
Loan Term Years(with 83-month extension options)

HomeFed Corporation

Project Developer

Discovery California, LLC

Regional Center

HomeFed Village 8, LLC / owned subsidiary of HomeFed

JCE

1st Trust Deed to Additional Development Land

Collateral
  • Located in the City of Chula Vista - 15 miles from Downtown San Diego.

  • More homes sold than any other master-planned community in San Diego.

  • 22,899-acres - One of the largest master-planned communities in the United States.

  • Approximately 30,000 homes, supporting service, retail and community amenities in 11 development areas.

  • Otay Ranch is approximately half complete.

  • Côta Vera is the newest community within the larger Otay Ranch master-plan.