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SAN LUIS OBISPO, CA-Resmark Equity Partners has acquired 45 acres to develop the first part of the 460-acre Margarita Specific Plan, which will include homes, affordable housing and commercial space. Resmark, in an announcement regarding the project, says that it acquired the 45 acres—which consists of two parcels—on behalf of a related equity fund, with MD2 Communities as its builder. The acquisition was completed with the assistance and cooperation of the City of San Luis Obispo, Mangano Homes, Richardson Properties, Richard Deblauw, Robert Kitamura and John French.

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