CASE STUDY #1
Avino
A recently completed project performed by the Reylenn team was the Avino development located in the Carmel Valley area of San Diego. The site is a core property in the Pacific Highlands Ranch master-planned community and was slated for 473 multi-family residences with a 50% inclusionary affordable component. To facilitate financing of both the market rate and affordable units, Reylenn negotiated a rare bifurcation agreement with the City of San Diego and the San Diego Housing Commission to de-couple the market rate and affordable components so they could be financed and developed as two separate projects with all affordable units combined into a stand-alone community.
See Project