Paragon's suburban developments target communities located within a one hour drive of major metropolitan areas. Specialized in locating viable communities and delivering outstanding value for working families, Paragon provides value-driven residential alternatives to the City's workforce, a demographic that is typically "priced out" of the metropolitan housing markets.
Paragon has formed strategic partnerships with local builders that bring location specific expertise. Most recently, Paragon joined forces with Temple Development. Building 160 homes on 40 acres in Coachella Valley, the Paragon/Temple Development will provide spacious and affordable homes to predominantly Hispanic working families servicing the areas near Palm Springs, CA. As a well-established desert area developer, Temple Development has already successfully completed two projects with Paragon, providing our investors with Internal Rates of Return (IRR's) in excess of 35%.
For more information on any of our Industrial Property investments, contact Paragon today.