Corporate Summary

Carltas Company, a California limited partnership

The general partner of Carltas Company is Carltas Management, a California corporation. The companies are privately held. The President and CEO of Carltas Management is Christopher C. Calkins.

CB Ranch Enterprises, a California corporation

CB Ranch Enterprises dba The Flower Fields at Carlsbad Ranch® is a privately held visitor attraction operating in a floral farming environment. James R. Bornemann is the Executive Vice President and Chief Operating Officer, and Fred Clarke is the General Manager.

Carltas Company

“Working together for creative real estate solutions.”

Company is a privately owned real estate development and investment company committed to creating and investing in exceptional development projects for work and recreation. Our principal activities are focused in the Southern California counties of San Diego, Riverside and Orange. The Company is based in Carlsbad, California.

Carltas Company emphasizes innovative solutions for commercial real estate development. We act as sole developer, but also encourage partnerships with real estate professionals, entrepreneurs, landowners, and public institutions.

Through our management team and affiliates, Carltas Company brings expertise and select equity to small and large development projects. Our experienced and knowledgeable staff applies decade of experience in addressing credit, land use, legal, and other regulatory issues related to its projects as well as financial and marketing expertise.

Our investment objectives are directed at long-term portfolio ownership of leased commercial and residential properties.