{"id":811819,"date":"2022-08-03T07:18:26","date_gmt":"2022-08-03T05:18:26","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/northlight-capital-partners-llc-acquires-138-acres-of-residential-development-land-in-cathedral-city-california\/"},"modified":"2022-08-03T07:18:26","modified_gmt":"2022-08-03T05:18:26","slug":"northlight-capital-partners-llc-acquires-138-acres-of-residential-development-land-in-cathedral-city-california","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/northlight-capital-partners-llc-acquires-138-acres-of-residential-development-land-in-cathedral-city-california\/","title":{"rendered":"Northlight Capital Partners LLC Acquires 138 Acres of Residential Development Land in Cathedral City, California"},"content":{"rendered":"PALM SPRINGS, Calif.--(BUSINESS WIRE)--Northlight Capital Partners LLC, an opportunistic real estate credit fund manager, is pleased to announce that it has acquired the remaining assets from the bankrupt estate of Verano Recovery LLC for approximately $20 million. Acquired assets include the remaining 138 acres of residential development land within the Verano Master Planned Community in Cathedral City, California. Located approximately 10 minutes from the Palm Springs Airport, the property includes 892 partially platted lots entitled for a variety of detached single family residential and multifamily units. As part of its acquisition, Northlight will work with various governmental agencies to construct a 2.5 million gallon water reservoir<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>PALM SPRINGS, Calif.&#8211;(BUSINESS WIRE)&#8211;Northlight Capital Partners LLC, an opportunistic real estate credit fund manager, is pleased to announce that it has acquired the remaining assets from the bankrupt estate of Verano Recovery LLC for approximately $20 million. Acquired assets include the remaining 138 acres of residential development land within the Verano Master Planned Community in [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-811819","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Northlight Capital Partners LLC Acquires 138 Acres of Residential Development Land in Cathedral City, California - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/northlight-capital-partners-llc-acquires-138-acres-of-residential-development-land-in-cathedral-city-california\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northlight Capital Partners LLC Acquires 138 Acres of Residential Development Land in Cathedral City, California - BeBeez\" \/>\n<meta property=\"og:description\" content=\"PALM SPRINGS, Calif.--(BUSINESS WIRE)--Northlight Capital Partners LLC, an opportunistic real estate credit fund manager, is pleased to announce that it has acquired the remaining assets from the bankrupt estate of Verano Recovery LLC for approximately $20 million. 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