MKA Capital Group Announces the Spring 2013 Kick Off of the Tesoro Subdivision in Cathedral City, CA

The project consists of 107 single-family residential homes in Cathedral City, CA

2013-03-04

NEWPORT BEACH, CA, March 04, 2013 (Press-News.org) MKA Capital Advisors is happy to announce that the Tesoro Project in Cathedral City will break ground this spring. Processed over the last several years by George Baker, President of DEVCO Builders LLC, the project is a planned single-family detached residential development that consists of 107 home sites located south of East Palm Canyon Drive in Cathedral City. Tesoro is the Spanish word for "treasure" which is fitting considering what exciting features come with this residential project. The Tesoro Development will be a private-gated community that will have common facilities such as barbecue areas, family parks, clubhouse and pools, as well as a 150 foot expansion bridge entrance.

Covering approximately 16 acres, the building lots are fully entitled and a final map is ready to be recorded with the municipality of Cathedral City. The lots will back up to the base of the San Jacin Mountains in the Coachella Valley in Riverside County. The homes in the project will range in size from 1,545 to 1,966 sq. ft. with pricing from $339K to $409K. As this project will be a "treasure" it is expected that the interest in these homes won't be lacking. The Coachella Valley appeals to those who reside in the area full time as well as those who come from Northern and Southern California, Canada and Western United States for weekend getaways.

MKA Capital Advisors is a real estate advisor, management and development company headed by Jason Sugarman in Investments and George Baker in Real Estate Development Projects, Construction, Asset Management, Leasing and Brokerage. Responsible for the developments throughout the western US including California, Hawaii, Colorado, Utah, Oregon, Arizona, Nevada, Texas, Florida and Washington, MKA Capital Group has been the lead investor in over 100 real estate developments totaling over $3 billon in development value. They have done business with top developers as well as small to medium sized real estate development firms.

Website: http://www.mkacap.com

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