Capella Celebrates Model Grand Opening This Weekend, August 13^th At Alberhill Ranch

Don't miss the excitement this weekend, August 13th, as Capella celebrates its highly anticipated model grand opening at Alberhill Ranch in Lake Elsinore. Family-oriented homebuyers who want to be part of this magnificent new master-planned community by Castle & Cooke, the renowned national master-planned community developer and homebuilder, are invited to be among the first guests to tour Capella's elegantly decorated model homes.

"Capella epitomizes the residential appeal of Alberhill Ranch, a community where you can enjoy a beautiful new home and plan for your family's future with confidence," said Michael Williams, Vice President of Sales & Marketing for Castle & Cooke. "In fact, the neighborhood's first sales releases have already generated such tremendous success, we expect sales momentum to increase even further now that homebuyers can personally tour the models. If you have been eager to purchase at Capella but prefer to view the models to help determine which design best suits your family's lifestyle, today's event is the moment you have been waiting for."

As Alberhill Ranch continues to unfold, Southern California homebuyers will enjoy a remarkable array of amenities to enhance every aspect of daily living. With plans for new parks, vibrant recreation and new schools, an environment of timeless tradition will define this community for years to come.

Homebuyers who want immediate sales process information should register for an online application by visiting the website at www.alberhillranch.com.

Capella's location is one of serene natural beauty that further enhances its residential prestige, with elevated locations overlooking the rolling hills and lights below. Four single-family designs range from approximately 2,531 to 3,838 square feet of two-story living space, with three to five bedrooms, 2.5 to 4 baths and up to four-car garages. A game room, loft and additional bedrooms are available in select floorplans. Traditional, Spanish and French architecture will highlight the neighborhood's dramatic exteriors as it evolves in the months ahead. Prices are from the high $400,000's.

Saltillo, the first neighborhood to be unveiled at Alberhill Ranch, continues to enjoy spectacular sales. One- and two-story detached residences range from approximately 2,010 to 3,120 square feet, with three to five bedrooms, two to four baths and up to three-car garages. Interior highlights, per residence, include a social room, upstairs laundry area and walk-in closets in the secondary bedrooms. Impressive appointments showcase tailored media niches for entertainment centers (per residence), wood burning fireplaces in the family rooms, walk-in closets and recessed lighting. Prices are from the low $400,000's.

Alberhill Ranch will encompass over 500 picturesque acres, a magnificent backdrop for family living and grand recreational amenities. Plans currently include a private Swim Club, proposed picnic park, a proposed City of Lake Elsinore Sports Park and much more. Families who want a quality public school education should also note a public school site is proposed for the community. Founded in Hawaii in 1851, Castle & Cooke has decades of experience and the proven ability to transform raw land into unique places where people and families want to live. The company has long been in the business of building homes and high-end residential communities, golf courses, country clubs, retail shopping centers, office and industrial parks, and spectacular vacation resorts.

Castle & Cooke's goal is to provide quality and lasting value for every customer. Their approach is accomplished through a team of experienced development professionals and executive leadership focused on the details. They believe that executing this vision of creating homes with warmth and style will enhance the lives of their customers.

Today, the company's long list of accomplishments includes master-planned residential communities in California, Arizona, Florida and Hawaii including developments on the luxurious Island of Lana'i, and the exclusive Lake Sherwood in Southern California.

Proud of their past accomplishments, Castle & Cooke continues to strive for excellence while maintaining the company's commitment to quality and value for their customers, both now and in the future.

Alberhill Ranch is a master-planned community being developed by Castle & Cooke, LLC. A Homeowner's Association, financially supported by all residents, will maintain common area landscaping, private parks and other common facilities. All future facilities and development plans are subject to change.

To visit the Alberhill Ranch New Home Gallery at the Lake Elsinore Outlet Center, travel south on the I-15 from Corona, exit Nichols and make a right. Turn left on Collier. The New Home Gallery is located at 17600 Collier Avenue, Suite C120 and is open daily from 10 a.m. to 6 p.m.

To visit Capella or Saltillo at Alberhill Ranch, travel south on the 15 Freeway, exit Lake Street, turn right and follow the signs to the individual Sales Offices.

The Sales Offices and Models at both neighborhoods are open daily from 10 a.m. to 6 p.m.

For additional information on Saltillo, please call (951) 609-2930. For information on Alberhill Ranch and Castle & Cooke, call (951) 245-0476 or visit the website at www.castlecooke.net.