SaleJun 18, 2026, 04:07 PM
Limoneira's Real Estate Sale Agreement for Paso Robles Terminated
AI Summary
Limoneira Company's subsidiary, Windfall Investors, LLC, received notice from Peak Holdings, LLC, terminating the Purchase and Sale Agreement dated April 14, 2026. The agreement was for the sale of an 80% undivided tenant-in-common interest in Limoneira's real estate parcels located in Paso Robles, California. Peak Holdings will have its $500,000 escrow deposit returned, as the termination was exercised during the due diligence review period.
Key Highlights
- Purchase and Sale Agreement for Paso Robles real estate terminated by Peak Holdings, LLC.
- Agreement involved an 80% undivided tenant-in-common interest in Limoneira's real estate.
- Peak Holdings will receive its $500,000 escrow deposit back.
- Termination occurred during the due diligence review period per Section 5.5 of the agreement.
Price Impact
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