Costa Verde
A fully entitled UTC land position where a horizontal development strategy creates substantial value — while preserving exceptional long-term optionality.
An institutional land position, underwritten like a fund.
Costa Verde is a fully entitled, 12.56-acre mixed-use assemblage in University Town Center. The plan acquires the land, completes horizontal improvements, records a final map, and monetizes eight finished lots — retiring debt early and preserving free-and-clear optionality on the core.
Base Case. Underwritten plan: $70M equity, ARE retired at close, eight lots sold over 20 months at modeled pricing.
Seven reasons Costa Verde is a generational opportunity.
Each pillar is supported by market data. Expand any thesis for the underlying rationale.
University Town Center is San Diego's premier mixed-use submarket — supply-constrained, amenity-rich, and impossible to replicate.
- Class A rents command a durable premium to the broader San Diego metro.
- Directly adjacent to Westfield UTC, the region's dominant retail destination.
- Effectively no comparable infill land remains in the trade area.
Illustrative Class A asking rent ($/SF/yr) — UTC vs. comparison sets.
Eight finished lots, one master plan.
The recorded master plan creates eight independently saleable lots plus two seller-retained parcels. Select any parcel for its disposition profile, toggle the value heatmap, or compare lots side by side.
Select a parcel on the plan to view its disposition profile.
A repeatable engine that manufactures value, then de-risks it.
The strategy converts a single entitled land basis into eight finished lots, sells the non-core lots to retire debt, and holds the core free-and-clear — creating value on the way up and protecting capital on the way down.
Acquire Land
Acquire the fully entitled 12.56-acre assemblage. The ARE loan is retired at close and two parcels convey to the seller free-and-clear, reducing the effective basis.
Acquisition to distribution in a disciplined window.
A short, sequenced business plan: build the horizontal improvements, record the map, sell non-core lots to retire debt, then realize the core. Click any milestone for detail.
Acquisition & Close
Month 0Acquire the entitled assemblage; ARE loan retired at close; seller parcels conveyed.
The model, fully interactive.
Every figure derives from the underlying cash-flow engine. Switch scenarios, edit assumptions, stress the waterfall, and export the workbook — the entire site recalculates instantly.
Capital Stack
Sources funding total project costs.
Return Breakdown
Distribution of total proceeds.
Value Creation
Land basis to finished-lot value.
UTC — San Diego's innovation core.
Costa Verde sits at the intersection of the region's strongest demand drivers: a top research university, a premier life-science cluster, a super-regional retail anchor, and on-site transit.
UTC
University Town Center is San Diego's dominant mixed-use core — the convergence of retail, research, and residential demand.
An institutional sponsor team.
Costa Verde is led by a sponsor team combining capital markets, development, and investment expertise. Expand any profile for background and role.
Daniel Ryan brings institutional investment and underwriting discipline, leading the financial structuring, disposition strategy, and risk management for the Costa Verde business plan.
Experience
- Institutional investment & underwriting
- Disposition and exit strategy
- Portfolio risk management
Representative Transactions
- Institutional acquisitions & dispositions
- Structured finance and joint ventures
- Value-add and development investments
Role in Costa Verde
Investment lead — underwriting, disposition strategy, and risk management.
Sponsor biographies and representative transactions shown are summary profiles for this memorandum.
Engage the sponsorship team.
For the full data room, the financial model, or to discuss a capital commitment, contact the Costa Verde sponsorship team.
Costa Verde
Interactive Investment Memorandum