Company News
Kingsbarn Acquires 350-Acre Creek Hollow Ranch in Ramona, California
SAN DIEGO, CA, June 10, 2021 -- Kingsbarn Realty Capital, LLC, has announced the acquisition of the approximately 350-acre equestrian training and boarding center known as Creek Hollow Ranch located just east of downtown Ramona, California. The property includes significant equestrian improvements and facilities including arenas, pastures, boarding stalls, a breezeway barn, two mare motels, and many other pens, equipment, and residences.
"Our plan is to improve the equestrian facilities at Creek Hollow Ranch and to make it a top equestrian training center for the west coast," stated Kingsbarn CEO, Jeff Pori. "The ranch sits in a beautiful valley which will allow us to add many other outdoor amenities and activities to Creek Hollow in the years to come. The property is surrounded by vineyards, hiking trails, and recreational lands." Pori further stated.
Kingsbarn plans to expand the boarding operation, improve the competition arenas, and to make the Kingsbarn Equestrian Training Center at Creek Hollow Ranch a top-tier facility for horse training and boarding.
"Kingsbarn is continuing to diversify is business holdings and operations to include non-traditional assets which can be opportunistically purchased at a discount to market pricing," according to Pori.
About Kingsbarn Realty Capital
Kingsbarn Realty Capital is a real estate, private equity, and development firm based in Las Vegas, Nevada. Kingsbarn structures its real estate investment opportunities for both fractional 1031 investors as well as customized portfolio solutions for large-scale investors. Kingsbarn’s management team has wide-ranging experience developing, managing, and sponsoring a diversified portfolio of stabilized, income-driven properties. Kingsbarn has acquired and currently operates over $500 million of commercial real estate throughout the United States. In 2020, Kingsbarn Capital and Development was founded as the company’s development arm to expand the product offerings to include ground-up development of real estate assets and to fund operating companies who require real estate solutions across the United States.
No Offer
This is not an offer. An offer will only be made pursuant to the delivery of the required offering documents, including the private placement memorandum, as supplemented or amended (the “Memorandum”) and only in states in which the securities offered pursuant to the Memorandum are registered or exempt from registration requirements, and only by broker-dealers authorized to do so. This information discusses general information about the portfolio and is not a guarantee, prediction or projection of future performance. Diversification does not protect against loss or guarantee return. There are risks associated with investing in real estate assets, such as inflation, interest rates, real estate tax rates, changes in the general economic climate, local conditions such as population trends and neighborhood values, and supply and demand for similar property types. Investing in DSTs and 1031 exchanges involves significant tax consequences. Please refer to the Memorandum for detailed information about the offering and its associated risks and implications.
Forward-Looking Statements
This press release may contain forward-looking statements identified by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release. Kingsbarn assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.