New Mexico Development Partners, a subsidiary of Coast Range Investments, the company attempting to develop Rancho Cielo, has had its license revoked by the New Mexico Public Regulation Commission (PRC).

The corporate status on the PRC’s online corporate database shows the company’s “license was revoked.” The company qualified as a foreign profit corporation on November 19, 2004.

The PRC’s database doesn’t indicate when the revocation occurred.

According to the PRC, New Mexico Development Partner’s listed purpose is “real estate management.”

The company’s registered agent is listed in Santa Fe, which appears to be a law firm. The company also lists its mailing address as the office of RS Investments in San Francisco, California.

This page was published on April 7, 2010 at 9:44am and is filed under Rancho Cielo.