A private water system will be constructed onsite, sourced by private water wells and using an advanced reverse osmosis system and water storage facility. Distribution infrastructure will deliver potable water to each dwelling, common area, and agricultural site. This system type is common within private communities along the Kona and Kohala Coast.

The property sits atop the 242-square-mile Kaapuna Aquifer System. The daily flow rate beneath the site is estimated to be 10 times greater than the maximum estimated water demand of the community as proposed.

No. Dwellings within the agricultural community will use aerobic wastewater systems (septic). The lodge will be serviced by an advanced, ultra-efficient wastewater treatment plant, privately maintained and monitored by a licensed contractor.

Electricity is available at the road frontage and will be distributed underground throughout the community. Dwellings are expected to use solar to reduce or offset dependency on conventional electricity.

The project and current opportunity stage is pre-entitlement. The development team is completing the final reports and studies required for an Environmental Impact Study, after which efforts will move to the entitlement application process.

Zone 2. The USGS generally describes Zone 2 as 15 to 25% of the area having been affected by some degree of lava flow over the past 225 years. Historically, Mauna Loa lava flows that have reached the coast have come at 100-plus-year intervals on average, with some intervals exceeding 400 years. Every Hawaiian island is built of lava flows from various periods, and building on and in lava rock occurs on most major construction projects across the state.

Kilauea, on the east side of the island, is the world's most active volcano, but its eruptions do not directly affect the Kona Coast on the west side. Occasional vog (volcanic smog) has affected West Hawaii during periods of increased activity, though such occurrences have been rare in recent years. Air quality in areas like Captain Cook is generally excellent and can be verified daily via weather apps.

Homeowners insurance is available from state, national, and international providers, but premiums in Lava Zone 2 tend to be significantly higher than in lower-risk zones or on the mainland. The Hawaii Property Insurance Association (HPIA) continues to develop coverage options and remains a key resource.

The originally targeted timeframe for project completion is expected to be achievable, although some mid-project timelines have been adjusted. Flexibility with timelines is common during the early stages of developing a community from the ground up, especially in Hawaii, where bureaucracy and environmental regulations are heightened.

The equity fund team in Beverly Hills and the development team in Hawaii advance the project every day. Physical work on site during pre-entitlement is intermittent, while technical, administrative, engineering, and environmental work continues daily. Partners who have completed an investment receive quarterly updates with detailed project information that is not publicly disclosed.

Flexibility in timelines is essential for a project at this scale and stage. A capital structure of like-minded accredited investors mitigates risks often associated with rigid amortization schedules. It also lets retail accredited investors participate fully in the project's potential upside and position themselves for future direct real estate acquisition within the development.

This offering provides a non-dilutive equity position alongside the developer. Once infrastructure construction is nearing completion and the project begins generating cash flow, conventional construction debt will be introduced to support vertical development.

The JOBS Act added the "c" designation to SEC Rule 506 under Regulation D, allowing fund managers to generally solicit accredited investors for offerings that have filed for the Form D exemption. Over the past decade, targeted advertising on social platforms has made it far more efficient to reach those investors.

The combination of Rule 506(c) and targeted digital advertising has allowed the equity fund divisions of The Rowland Companies to secure direct access to capital, keep greater operational control, offer non-dilutive equity positions, reduce or eliminate debt, and grow their database of accredited investors.