Valley Ranch

After the property had been foreclosed and the savings and loan lending institution was taken down by FSLIC, the corporate office of Federal Savings and Loan in Los Angeles asked Wynne/Jackson to step in as the Managing Developer in 1988. This 2,400-acre master-planned community was plagued by a maze of fiscal, legal and operational problems. Wynne/Jackson prepared extensive business plans to guide the development through the problems it faced. This plan included development and marketing plans, land planning, property tax and legal strategies, and fiscal recommendations. Through Wynne/Jackson’s involvement over four years, the development’s major property owner associations were able to avert bankruptcy; the Flood Control District was able to refinance approximately $20 million in bonds; the FSLIC saved substantial funds in taxes, operations, and development aspects; additional streets were developed and completed; and the property was positioned for disposition and successfully sold by the FDIC to a New York Investor in 1992.