The offering comprises approximately 229.20 acres within The Heights at Calimesa Conceptual Specific Plan, a 244-acre master-planned community in the Inland Empire. The remaining acreage of the Specific Plan is excluded. The site benefits from an established Specific Plan framework, including land-use designations, circulation concepts, and development standards, providing a clear pathway for future residential and mixed-use development, subject to City approvals. The Heights at Calimesa is envisioned as a thoughtfully planned residential and mixed-use community featuring a diverse range of housing types, including multi-family options, designed to meet evolving market demand. The Conceptual Specific Plan emphasizes walkability, with planned neighborhood connections, trails, parks, and open space integrated throughout the community. The project offers developers an opportunity to participate in a large-scale, City-aligned planning initiative positioned to benefit from continued growth in one of Southern California’s fastest-growing regions.