Adelanto Successor Agency
Kosmont Companies (Kosmont), an affiliate of KRC, is a public/private real estate transactions and economic development advisory firm provided PMP and real estate advisory services to the City of Adelanto (City). Kosmont is helping secure DOF approval of the transfer and sale of properties owned by the former Redevelopment Agency (Property). KRC additionally assisted with the preparation of an informal broker opinion of value (BOV) to evaluate the current value of the Properties, in order to support any future negotiations between the SA and DOF regarding the ultimate disposition of the subject Property.
KC successfully completed and filed the LRPMP receiving DOF approval so the City (SA) could proceed with the disposition of these properties.