FAIR OAKS, CA—Presidio Residential Capital haspartnered with Watt Communities to build Woodbury,a 6.5-acre community with 17 executive-level ranch-stylehomes on lots up to quarter-acre in size, on the lastremaining parcel of the former Davis family ranch in Fair Oaks.Construction is expected to begin this month and a grand opening isplanned for early spring 2015. Presidio has committed $7 million tohelp build this community.

“This is a spectacular site where we are providing executivelevel housing in an underserved market, perfect for people who wantto relocate into a residence closer to a quaint community close tovast amenities,” said Presidio Residential Capital principalDon Faye.

Woodbury, located at 10850 Fair Oaks Blvd., isin an historic area with established services and easy access tomajor employers including Aerojet andIntel, the Sunrise Mall andBirdcage Center shopping centers, light rail andschools in the highly ranked San Juan Unified SchoolDistrict as well as many private and parochial schools.Folsom Lake and the American andSacramento Rivers are within five miles of thesite, and Lake Tahoe is a one-hour drive.