Newmark, as the exclusive advisor, is pleased to present Saranap Village, a fully entitled multi-family, mixed-use development opportunity in Walnut Creek, California. This project holds a 20-year development agreement with Contra Costa County, initially expiring in November 2027, with one 10-year extension. Under the State Density Bonus Law, Saranap Village could qualify for a 35%-50% increase in density above the 198 units, potentially enhancing the project’s viability and profitability. Additionally, the project appears in the 5th and 6th Cycle Contra Costa Housing Element Sites Inventory list: Approved Project • 122 for-rent apartment units • 76 for-sale condo units • ±21,575 SF neighborhood retail space Conceptual Project • 297 for-rent apartment units, including 48 below-market units (assumes 50% density bonus) • ±8,292 SF neighborhood retail space