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Investment group buys Rancho Las Flores for $45M

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his 10,000-acre master planned community is situated north of the San Bernardino Mountain range and east of downtown Hesperia.
IMAGE COURTESY RNMDESIGN.COM

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Investment group buys Rancho Las Flores for $45M.
HESPERIA • A real estate investment firm paid $45 million to buy bankrupt Rancho Las Flores, a nearly 10,000-acre master-planned residential community in Summit Valley. Meanwhile, the city of Hesperia is trying to buy the property’s water rights. The City Council will vote duri. Read Investment group buys Rancho Las Flores for $45M...
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Hesperia
Los Angeles
Riverside
S.B.

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