HomeFed Corporation

(traded as “HOFD” on the OTC) homefedcorporation.com

Since the early 1990's, Accretive participated in Leucadia's purchase of HomeFed, HomeFed's bankruptcy reorganization and its transformation into a land development company. Accretive also managed the disposition and development of its pre-bankruptcy real estate assets and acquired, positioned and developed all of its post-bankruptcy projects. This includes Paradise Valley (560 acres), San Elijo Hills (2,000 acres), Otay Ranch (4,850 acres) and Rampage Vineyard (2,160 acres).