Mountain Real Estate Capital Acquires Santorini Village in Joint Venture with DAI and Candlelight Homes


    Torrance, CA – August 2, 2013 – (RealEstateRama) — Mountain Real Estate Capital (MREC), a national leading equity partner to residential land developers and homebuilders, announces the closing of a new investment with DAI/Candlelight Homes of Utah. The new joint venture intends to develop Santorini Village, a 199-lot housing community located in South Jordan, Utah. The transaction represents MREC’s first investment in the Salt Lake City housing market.

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