Chicago Office

Sponsor Overview

Coronado West specializes in land bank financing services for residential home builders. With over 25 years of experience, Coronado West successfully developed more than 40,000 residential lots across 250 residential home communities in various states, including Arizona, Colorado, Florida, Georgia, Idaho, Indiana, Nevada, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas and Washington. Since 2011, Coronado West has completed almost $4B in land banking transactions with more than $1B of transactions currently under management in more than 5O residential home communities.

Coronado West’s Competitive Advantage and Plan:

• Maintains strong relationships with both public and private home builders by tailoring land bank finance solutions to meet each home builder’s unique needs.
• Dedicated and highly skilled team of legal, finance, and underwriting professionals. This enables Coronado West to handle most legal work and underwriting in-house without the need for, or delays involved in retaining third party consultants.
• Plans to grow and become more competitive in 2026 through investments from additional investment funds and by adding more and larger home builders to its portfolio.
• To become more competitive in the land bank finance market, Coronado West intends to provide land bank finance terms with lower and more competitive interest rates for the Option Agreement Monthly Carry Payments, and lower and more competitive interest rates for the Builder Deposit.

Proven Repositioning with Demonstrated Operational Momentum

Favorably Positioned for Stable, Long-Term Cashflow

Durable Micro-Location and Demographics

The Perfect Time to Invest in Oswego

• 17.6% population growth in the last 5 years in Oswego | 9.5% growth in Kendall County.
• Growth of high-earning households is outpacing multifamily supply: - Through 2030, renter-occupied households earning $100k+ are projected to grow by 5–8%, while multifamily inventory growth remains limited at just 0–2%.
• Offers A-rated schools at a 33% discount to home values compared with nearby suburbs.
• $850M+ in recent and planned developments, including $700M Metra expansion, $100M cricket stadium, and $50M Megalodome golf facility.

Favorable Tax Environment Driven by a Growing Tax Base

• 14.8% decrease in property tax rate over the last 5 years as growth in Oswego’s tax base continues to outpace the levy, resulting in consistently lower tax rates YOY.
• 16% average reduction in tax bills between 2019–2024 across stabilized multifamily properties in Oswego.
• Continued development in Oswego supports trends as national homebuilders like Lennar and DR Horton provide a “stamp of approval” with large for-sale projects, further expanding the tax base.

Uniquely Differentiated Direct Access Rental Product Catering to High Earning HHs

• Positioned as the only newer construction, direct-access community in the market, appealing to both young families and young professionals due to a diverse unit mix.
• Other comps in the submarket are either BTR properties with heavy 2BR+ unit concentrations, 15+ years older, or shared access.
• Tenant Avg HH Incomes of $138k (nearly 6x average rent), and 42% of residents aged 19–34.

Unmatched Connectivity: Premier Retail-Adjacent Location with Access to Top Employers

• 2.2M SF of retail within 5-min drive and direct-access to retail on-site via walking path providing tenants with proximate access to a full range of retailers such as Walmart, Orangetheory, Target, and Starbucks.
• 315k Jobs within 30 min drive – major employers include Rush Copely Medical Center, DHL, and Advocate Healthcare.
• Population of 200k people within a 5-mi radius – comparable to Naperville and Wheaton, and greater than St. Charles, Plainfield, and Romeoville.

Strategically positioned between Jackson Boulevard, Green Street, and Halsted Street, 309 S Green Street sits at the heart of the West Loop–Fulton Market submarket, Chicago’s most desirable and highest performing urban neighborhood. This prime location is just blocks from Downtown Chicago, University of Illinois Chicago campus, Randolph Street’s famed Restaurant Row, major corporate headquarters, and the CTA Blue Line, offering unmatched accessibility and visibility for future multifamily development.