After careful analysis, we believed we found a diamond in the rough. The city of Poway was placing new emphasis on their retail core, designated at the intersection of Poway Road and Community Road - the location of Poway Plaza. This included forgivable loans (essentially city financing) for facade and sign improvements.

OUR PLAN FOR POLISH:

	Acquire the property

	Work with the city of Poway to obtain the forgivable loan and remove the restaurant pad requirement from the DDA

	Upgrade the facade and site

	Refinance the property to pay for the center renovation

	Upgrade the tenant mix per a long-term strategic plan