Summerly

| Lake Elsinore, California

Repositioning For Success.

In the fall of 2015, Pacific Ventures was retained by ownership to take over all the master developer responsibilities for this one quarter built-out community, including re-entitlement, public & tax increment financing, infrastructure and entitlement work, merchant builder lot sales, refreshment of a master marketing campaign and management of all back-office responsibilities. The changes resulted in rebranding the community to better target Summerly buyers, replanning of community amenities to reflect consumer desires, redesigning key residential parcels to meet a broader spectrum of demand while adding 200 lots and value engineering the remaining site development work. Today the project is complete and performed well above the business plan adopted at our transition.

In the fall of 2015, Pacific Ventures was retained by the partnership to take over all of the master developer responsibilities for the community, including infrastructure and entitlement work, merchant builder lot sales, refreshment of a master marketing campaign and management of all back-office responsibilities.

The first three months of our engagement consisted of a complete re-evaluation of Summerly’s positioning, opportunities and constraints. From this, we developed a new business plan and master marketing campaign for the community.

The changes resulted in rebranding the community to better target Summerly buyers, replanning of community amenities to reflect consumer desires, redesigning key residential parcels to meet a broader spectrum of demand and value engineering the remaining site development work.

Thus far, the results have been beyond expectations with improved sales, increased customer traffic exceeding prior levels within the competitive peer group, improved relations with the City of Lake Elsinore and development of solutions for the build-out of the community. Most importantly, Summerly is shedding its reputation as a lackluster community and has re-emerged as a strong opportunity for merchant builders and home shoppers alike.

  • 700 Acres
  • Approximately 1,595 Residences.
  • Community Recreation Center
  • 30 Acres of Parks and Open Space
  • 3 Miles of Natural Trail
  • Public Summerly Community Sports Park
  • Adjacent Land Use: The Links at Summerly Golf Course & Grille