Archive

Land/Projects

MBK Launches Southern California Community

California builder MBK Homes has opened Irving House, a collection of detached homes inspired by 1900s architect Irving Gill.

People

Woodside Homes Welcomes Chris Chambers as President of the Southern California Division

Woodside Homes, a top 30 homebuilder in the US, announced Chris Chambers as the new President of the Southern California Division.

Land/Projects

Highland Park’s Fig & Fifty Walk Town Homes Start from $578,000

The more than two dozen townhomes in The Olson Company’s Fig & Fifty Walk development will hit the market September 9 with asking prices from $578,000.

Deals

San Diego Res Development Land Sells for $64/SF

A 3.47-acre residential land parcel located within the Pacific Highlands Ranch community in San Diego sold for $9.73 mil ($64/sf).

Deals

Developer Acquires 19 Lots in L.A.’s Silver Lake

Ridge Crest Real Estate, LLC, has acquired two sites entitled for 19 small lot detached units in Silver Lake, CA. from Amreal GP Investors, LLC and Amreal Hyperion Investors, LLC, subsidiaries of Amoroso Development Company.

Deals

Shopoff Realty Investments Sells 16.1 Acres of Land After Securing Entitlements for 124 Two-Story Townhomes in Vista, CA

Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced today that the company has sold 16.1 acres of land entitled for 124 two-story townhomes in the Northern San Diego County suburb of Vista, CA, to a residential developer.

Deals

FivePoint Buys Back Broadcom Office Campus in Deal That Could Add 1,000 Homes to Great Park Neighborhoods

Great Park developer FivePoint Communities is buying back Broadcom’s new office complex in Irvine, the company announced Thursday, in a deal that could add 1,000 homes to the total being built on land surrounding the park.

Homebuilders / Land Developers

Benchmark Communities Brand Will Transition to Century Communities.

Communities, Inc., Greenwood Village, Col. (NYSE: “CCS”) Friday announced it has completed its previously announced merger with UCP, Inc. (NYSE: “UCP”).

Housing Market

Homebuilder Confidence Reaches 12-Month High

By Kelsi Maree Borland LOS ANGELES—Single-family developers are becoming more optimistic about the home market as a result of loosened regulations from the new administration, GlobeSt.com reports in this EXCLUSIVE

Land/Projects

Commission Turns Down 180 Homes

By Marianne Napoles A proposal to rezone 30 acres of rural land to build 180 residential units in northern Chino created the inevitable clash between a housing developer and a