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

Builder Online

Builder Online

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. Land Advisors Organization (LAO), Irvine, a nationwide advisory firm focused on the acquisition and disposition of land and land-related assets, represented the seller. Terms were not disclosed.

Read More

Previous Shopoff Realty Investments Sells 16.1 Acres of Land After Securing Entitlements for 124 Two-Story Townhomes in Vista, CA
Next San Diego Res Development Land Sells for $64/SF

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Deals

Storm Continues Acquisitions with Whittier Buy

Storm Properties, a Torrance-based developer, recently acquired a site in Whittier, at the corner of Hadley Street and Magnolia Avenue, slated for development of 32 townhomes. The property will need

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

Land Advisors Brokers Sale of Inland Empire Community to KB Home

Land Advisors Organization on Thursday announced the successful closing of Phase 1 involving 77 fully entitled lots of Summit at Fontana, a 29-acre residential community including a total of 171