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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.
IRVINE, CA - January 24, 2012 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, announced today the opening of Utah's newest living community, Terra Sol, a pioneering urban infill development near downtown Salt Lake City. Built by Garbett Homes and designed by KTGY, these solar-powered, geothermal homes are built with the newest and most efficient technologies available making it not only the greenest residential community in the state, but also a new benchmark for builders.