Mountain Real Estate Capital Acquires Santorini Village in Joint Venture with DAI and Candlelight...
Mountain Real Estate Capital (MREC), a national leading equity partner to residential land developers and homebuilders, announces the closing of a new investment with DAI/Candlelight Homes of Utah. The new joint venture intends to develop Santorini Village, a 199-lot housing community located in South Jordan, Utah. The transaction represents MREC’s first investment in the Salt Lake City housing market.