Owns 5000 acres of Pacific coast land in Baja California Mexico coast $500k was recently valued at $42m by CBRE https://www.cielomarbaja.com/
The master plan is being filed this year and construction will start soon after. A $10m line of credit is available.
To finance the construction they operate a farm 40 miles in land from there which has the contract to Supply Huy Fong Inc with peppers - the maker of Sriracha sauce in San Diego). It is in it's second year of operation.
This will need lots of patience but look at the retirement homes and golf courses they are about to build, a lovely spot for those BIEL profits
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