Invest

We Invest Where Complexity Creates Opportunity.

CGX invests in land and real estate across Southern California where entitlement, repositioning, redevelopment, or changing land use can unlock value the market has not yet recognized.

Investment Philosophy

Execution Is the Investment Thesis.

CGX does not pursue stabilized, fully priced assets simply to own real estate. We look for situations where something needs to happen - an entitlement, repositioning, redevelopment, land-use change, or other catalyst - and where our ability to execute that process can create value.

Our edge is operational. Experience across investment, development, entitlement, finance, and ownership allows us to evaluate complexity differently, underwrite the path forward, and execute where others may not.

How We Invest

IDENTIFY → ACQUIRE → CREATE VALUE → EXIT / HOLD

01

IDENTIFY

Source opportunities through relationships, market knowledge, and direct outreach, with an emphasis on assets whose potential is not yet reflected in their current use or value.

02

ACQUIRE

Underwrite the opportunity, complexity, and execution risk, then structure the acquisition around the specific circumstances of the asset.

03

CREATE VALUE

Execute the strategy - entitlement, repositioning, redevelopment, land-use change, or development - to unlock value.

04

EXIT / HOLD

Determine the highest-value path: develop, partner, sell, or hold based on the asset, market, and return profile.

Where We Focus

Investment Strategies

We invest across asset types when there is a clear path to creating value through execution.

Land Entitlement

Acquire raw, underentitled, or misentitled land and secure the development rights that transform its value.

Residential Repositioning

Acquire residential assets where changes in use, density, configuration, or execution can create value beyond the existing property.

Commercial & Mixed-Use

Identify commercial and mixed-use assets where land use, market conditions, or redevelopment potential support a higher-value strategy.

Opportunistic Acquisition

Pursue off-market, distressed, or time-sensitive opportunities where speed, underwriting, and execution create an advantage.

Aerial view of development parcels and the surrounding San Bernardino neighborhood.

Investment Platform

Land Entitlement Fund

The CGX Land Entitlement Fund provides accredited investors access to a focused strategy of acquiring land at a disciplined basis and creating value through entitlement, zoning, and development approvals.

The Fund is designed to capture value during the pre-construction phase, with defined exit pathways that may include a land sale, refinance, development partnership, or transfer into a future development.

Opportunities

Have an Opportunity We Should See?

We welcome conversations about land, development sites, repositioning opportunities, and other real estate where execution can unlock value.

Carrillo Group CGX

We See What Real Estate Can Become.

330 N. D Street, Suite 526
San Bernardino, CA 92401

© 2026 Carrillo Group CANY, LLC. All rights reserved.

Real Estate Investment · Development · Advisory