News - 2005
Interwest Capital Announces $100MM Residential Development Project
September 15, 2005
Phoenix, AZ – Interwest Capital is pleased to announce that through its affiliate, PRG Properties Inc, it has entered into a joint venture agreement to acquire nearly 1,000 acres of residential land for single family development. The subject is currently being designed as a master planned community consisting of approximately 2,760 single family residential lots and with an estimated 150 acres reserved for open space, parks and amenities. The property is located in a rapidly growing section of the West Valley one mile north of Interstate 10. Estimated project completion cost is in excess of $100 million. Interwest Capital Corporation is a privately held firm in San Diego pursuing commercial mortgage and real estate acquisition. Interwest corporate offices are located in the Aventine Building at 8910 University Center Lane, Suite 580 San Diego, CA 92122. The company's web address is www.interwestcapital.com
