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Morton Ranch and Spring Cypress
Morton Cypress, Texas
K&S Morton Cypress I, LP - 2006
Project Currently Under Development
Partners
Edward Kalikow & Eugene Shalik
Will Perry, David Wallace & Costa Bajjali
Bank - Wachovia Bank $2,891,000 (Morton Ranch, Acquisition & Development Loan)
Wachovia Bank $12,856,000 (Spring Cypress, Acquisition & Development Loan)
Property Information
Acquire 99.99% partnership interests in two projects, Morton Ranch and Spring Cypress, for the development of approximately 455 residential building lots in the Houston area for sale to national and regional home builders.
Equity Raised - $3,200,000
Press Release - March 15, 2007 - Perry Properties to Begin Development on Cypress Trails in Northwest Houston
Progress Photos | Aerial Views | Price Info - Royce Homes ( , PDF)
Landscaping Plans (, PDF) | Map & Driving Directions | Investors
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