Grandview and Sunwood Apartments

Ventura Enterprises purchased the 20-acre, 450-unit Grandview Apartments and the 10-acre, 258-unit Sunwood Apartments in 2005 for $34 million. Sam Ventura’s efforts resulted in the land being re-zoned for 3000 apartments and 500,000 square-foot commercial mixed-use. Market value as of fourth quarter, 2011 was $50 million.