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LewisG.FeldmanisapartnerintheLosAngelesoceofGoodwinProcterandcanbereachedat213426-2688orlfeldmangoodwinprocter.com.DouglasA.PrawisapartnerintheLosAngelesoceofGoodwinProcterandcanbereachedat213426-2664ordprawgoodwinprocter.com.9Bucket3-FreeRangeChickenParcelsTherestofthepropertieswillbeoeredforsaleafterbeingplacedintooneofthreeadditionalbasketsApropertiesarestrategicpropertiesthatcanbeusedfordevelopment.EntitlementswillvarybutApropertiesmaybeaccompaniedbyapprovedentitle-ments.Bpropertiesarethosethatrequirezoningapprovalsorotherentitlementsbeforedevelopment.Cpropertiesarethestoryparcelstheirregularandtheblightedwithlittleoroutdatedentitlements.APMPshouldbeinstructivetoapotentialbuyerbecauseitwillincludespecicinformationabouteachparcelfordispositionincludingthevalueofthepropertyonthedateofacquisitionandanestimateofthecurrentvaluethepurposeforwhichtheRDAoriginallyacquiredthepropertylotsizecurrentzoninganestimateofleaserentalorotherrevenuesgener-atedbythepropertyandadescriptionofthecontractualrequirementsforthedispositionofthosefundsthehistoryofenvironmentalcontaminationincludingdesignationasabrowneldsiteandthehistoryofanyremediationeortandadescriptionoftheparcelspotentialfortransit-orienteddevelopmentandabriefhistoryofallpreviousdevelopmentproposalsandactivitiesfortheparcel.WhenWillPMPPropertyDealFlowBeginCurrentlawdoesnotprovidethetimeframebywhich-whenthepropertydescribedinaPMPwillgotomarket.RatherSAsareworkingtogureoutthebestwaytoavoidre-salepricingbyoodingthemarketwithformerRDAparcels.GiventhatOBsneedtoapproveofdispositionREsourceSummer2013plansitislikelythateachdispositionwillneedtobesupportedbyanMAIappraisal.ThustheprocessforthedispositionoftheAandBbucketsofpropertywilltaketimebeheavilydocumentedandbehighlycompetitiveoncedealshitthemarket.SomerealestatebrokeragesandonlineauctionhousesarealreadytryingtogetaheadoftheprocessandfunnelPMPdispositionsthroughauctionsites.OthersaremeetingdirectlywitheachSAtoensuretheabilitytobidonpropertycomingtomarket.UniqueOpportunityDespitethebureaucraticmorassandred-tapemanyRDAsholdfairlylargeparcelsofpropertywhichintherighthandscouldturnintosignicantopportunities.DevelopersandotherrealestateinvestmentprofessionalsarecarefullywatchingthePMPsinthehopesofacquiringpropertyreadyfordevelopment.nCurrentlawdoesnotdescribethetimeparametersofwhenthepropertydescribedinaPMPwillgotomarket.RatherSAsareworkingtogureoutthebestwaytoavoidre-salepricingbyoodingthemarketwithformerRDAparcels.