NEWS RELEASE              

Media contact:
David Pretzler, C&A Companies
303-389-6780 or david@cacompanies.com


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For Immediate Release

 

 

COLORADO LUXURY DEVELOPMENT OFFERS ÔSTIMULUS PACKAGE' TO
 SAVVY BUYERS IN TODAY'S ECONOMY

Tessa Mesa announces its ÔSelect Now, Build Later' Program and Interest-Only Financing

  
            CASTLE ROCK, Colo. (April 2, 2009) - In an economic landscape that is unpredictable at best, the developer of Colorado's luxury community Tessa Mesa is offering buyers the chance to secure their dream home site now and postpone the building process until market conditions improve. C&A Companies, Tessa Mesa's developer, also is offering buyers interest-only financing through its preferred lending relationships for up to four years, thus allowing buyers time to sell their existing home and design their new home on a time-line comfortable for them.

Located in Douglas County just 15 minutes southwest of the Denver Tech Center, Tessa Mesa is a 600-acre gated community comprising 16 estate lots ranging in size from 35 to 41 acres. Its topography offers a unique mix of rolling hills, scenic buttes and open meadows atop a vast mesa that reveals head-on views of Rocky Mountain peaks. Tessa Mesa is bordered on the north by more than 400 acres of open space that includes an expansive trail system for recreational use. The estate lots have level, generous, ready-to-build envelopes that make them ideal horse properties or family estates. Zoning allows for a primary residence, up to 2 guest houses, a barn and other outbuildings such as a sports pavilion.      

Remaining estate lot pricing starts at $899,000, and some of Tessa Mesa's best sites are among the 7 lots still available. There is no timeframe for lot owners to commence construction in Tessa Mesa. For those who do begin building, C&A Companies lender is also offering special home construction financing that requires only 20% down and gives credit for lot equity as part of the down payment.

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Stimulus Package at Tessa Mesa

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"We understand that people are hesitant to look too far into the future while in the midst of a turbulent economy," said David Pretzler, C&A Companies principal. "We've put together a package of very attractive, flexible options that allow buyers to secure the one-of-a-kind luxury home site they want while interest rates are at historic lows but without forcing them into a commitment to build within a given timeframe. Buyers can build when the time is right for them, whether that's now or years from now."

To learn more about Tessa Mesa, and the ÔBuy Now, Build Later' incentives, call 303-679-2600 or visit www.TessaMesa.com.  To learn more about C&A Companies call 303-389-6780 or visit www.cacompanies.com.  Tessa Mesa is exclusively marketed by Kerry Endsley of West 5280 Sotheby's International Realty call 303-570-0267 or visit www.west5280.com

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NOTE TO MEDIA: For high-resolution photos and/or maps of Tessa Mesa, to schedule a tour of Tessa Mesa call Kerry Endsley at 303-570-0267.  To interview key personnel at C&A Companies, please call David Pretzler at 303-389-6780.