RED II - LEEDS, UT
INVESTOR UPDATE | DECEMBER 2025
SILVER CLIFFS
PHASE ONE
EXECUTIVE SUMMARY
The Silver Cliffs development continues to advance toward the first major lot sales closing in Q1 2026. Critical infrastructure milestones are being achieved with Silver Cliffs Boulevard asphalt preparation beginning in January/February, enabling completion of all feeder road paving. Builder commitments remain firm with 121 lots contracted to Carefree and Salisbury for Q1 2026 closing, positioning the project for a modest equity distribution to members. Water system infrastructure is progressing with tower site grading underway, targeting completion in Q2-Q3 2026, which will unlock additional lot sales capacity beyond the initial phase.
RECENT KEY ACCOMPLISHMENTS
Infrastructure Progress
  • Silver Cliffs Boulevard prepared for asphalt installation with January/early February timeline established
  • Water tower site grading actively underway
  • All feeder road infrastructure positioned for asphalt completion following main boulevard paving
Builder Relations
  • Purchase agreements finalized for 121 lots with Carefree and Salisbury
  • Q1 2026 closing timeline confirmed with builders
Marketing Development
  • Comprehensive Silver Cliffs marketing materials completed
  • Awareness campaign strategy prepared for launch within 30-60 days
CURRENT PRIMARY FOCUS AREAS
Infrastructure Completion
  • Executing Silver Cliffs Boulevard asphalt installation (January/February 2026)
  • Completing all feeder road asphalt paving following boulevard completion
  • Advancing water tower construction with Q2-Q3 2026 completion target
Financial Planning
  • Finalizing Q1 2026 distribution amount for member equity distributions
  • Preparing for 121-lot closing transaction with builders
Market Positioning
  • Launching targeted awareness campaigns to build development recognition
  • Generating qualified buyer interest for future phases
MAJOR MILESTONES
1
Q1 2026
  • Complete Silver Cliffs Boulevard and feeder road asphalt installation
  • Close sale of 121 lots to Carefree and Salisbury
  • Execute initial equity distribution to members
2
Q2-Q3 2026
  • Complete water tower construction and bring system operational
  • Enable additional lot sales beyond initial 121-lot phase
3
Ongoing
  • Build market awareness through strategic marketing campaigns
  • Maintain builder relationships for future phase commitments
LOOKING FORWARD
The project remains on track for the critical Q1 2026 milestone of closing the first 121 lots with established builder partners. This represents a significant inflection point that will generate initial returns for investors through a modest distribution. The water tower completion in mid-2026 will remove the primary constraint on expanded lot sales, positioning the development for accelerated revenue generation in subsequent quarters. Marketing initiatives launching in early 2026 will build community awareness and establish Silver Cliffs as a premier residential destination in the Leeds market.
Project Photos