Farm acquisitions focus on farms with good water from farmers who have owned themfor generations. The Company refers to its “Oasis Target Market Area” which is comprised of five water districts; Fresno, Alta, Consolidated, Madera and Kings River.These water districts have access to immense amounts of surface water from the Sierra Nevada mountains and supercharged underwater aquifers.
The target market is in excess of 500,000 acres and most farms have class 1 soil. The area has a superior microclimate for farming its target crops which include citrus, table grapes, contracted wine grapes, pistachios, almonds,and stone fruit.
The current project involves the purchase of the Lopopolo Ranch in Tulare County, California. Lopopolo is 31.7 acres of planted Timco Red table grapes (14.0 acres) and Krissy Red table grapes (17.0 acres). Funds from the EB-5 investment will be used to acquire the land and then clear it after the harvest to plant mandarins in the Spring of 2024. The mandarins will yield a partial crop in 2028, reaching full maturity in 2029.