Royal Investors Group (Jim Goltche, Ebby Shakib, Members) acquired 107 finished lots and six units of standing inventory/model homes from Vineyard Bank prior to the Bank’s failure.  The project is located on HWY 18 in Adelanto.

Royal has been extremely active in the vulture market, having closed deals in the Antelope Valley, Victor Valley, and lower Inland Empire.  Royal completed several acquisitions from builders at year end 2007 and 2008.  In addition to finished lots and raw land, Royal has also been a buyer of standing inventory and model homes.

Nick Emsiek of Whittlesey-Doyle brokered the deal for the Adelanto subdivision.  Emsiek can be reached at 949-789-4555.

Royal Investors can be reached at 310-553-2552.