Santa Ana Westview Success Story

Santa Ana Westview Success Story

Read more about how Primior navigated a complicated political and high turnover environment in Santa Ana to create a high-return investment opportunity with Santa Ana Westview.

Work With Primior

Want to become our next success story?

It all starts with a free rental property analysis. Click below to get started:

Santa Ana Westview Success Story

Santa Ana Westview's transformation underscores the power of strategic innovation and resilience, turning challenges into high-return investment opportunities.


Realized ROI

The Challenge

Primior was faced with the task of developing Santa Ana Westview, a retail center in an Opportunity Zone in Santa Ana, a location not typically desired for development due to its complex political climate and high city staff turnover, making planning and development extremely challenging.

Despite these challenges, Primior saw an opportunity to create a lucrative investment in an area bustling with potential and took on the project in Q4 2018.

The Approach

Primior immediately started the entitlement process with Chase Bank as the anchor tenant. The pre-signed lease with a national bank significantly reduced development risk, allowing Primior to focus on marketing the development opportunity to local and national tenants and brokers.

In late 2019, a local affordable housing developer approached Primior. Recognizing the potential for a mutually beneficial arrangement, Primior decided to collaborate with the developer while continuing with their development plan. After careful consideration, Primior chose the optimal strategy: selling the property to the affordable housing developer as is, turning what could have been a challenging project into a winning investment.

The Outcome

The outcome was a win-win situation for all parties involved. Primior was able to achieve a Realized Internal Rate of Return (IRR) of 37.08%. The sale of the property enabled the equity investors to realize their desired return on investment in a shorter timeframe than anticipated, which allowed them to rapidly redeploy their capital into other projects.

With a capitalization of $5,000,000 and a Preferred Equity structure, this case study serves as a testament to Primior’s ability to navigate complex environments and turn challenges into opportunities. The company’s adaptability, risk management strategy, and ability to recognize and act on profitable opportunities were the key drivers of this successful investment.


Join Our Newsletter:

You've joined our newsletter.

Thank you for joining our newsletter! We will send you monthly insights, updates, and feature launches directly to your inbox.

Same-Day Property Management Quote

1. Property Information

Information we need about your property in order to generate your quote.

2. Where should you send your offer?

Let us know where we should send your property management offer.

Apply Now

By submitting this form, you agree to our Privacy Policy.

Primior Application Form

By submitting this form, you agree to our Privacy Policy.

Before you can schedule a call...

Before you are able to schedule a call with our team, you must first complete our Investor Alignment Assessment.

Complete Assessment

First, complete the investor alignment assessment.

Schedule Strategy Call

Next, pick a day and time for a strategy call.

Work With Primior

Finally, you will be able to work with our team.

By submitting this form, you consent, acknowledge, and agree to this website’s Privacy Policy. You also consent to receive marketing communications via automated telephone dialing systems and/or pre-recorded calls, text messages, and/or emails from Primior at the phone number and email address provided above with offers regarding the requested service. You may opt-out at any time.