| Jacksonville, Florida

Type: Land/Single-family

Acquisition of Community Development District bonds in a 290-acre master-planned development that includes 912 single-family and multi-family units, 100,000 square feet of commercial/office, and a recreational facility. Located in Northwest St. John’s County south of Jacksonville.

Ownership: March 2011–May 2015

Fund: Cypress Realty VII L.P.