Another Elephant Hits the Market

Another Elephant Hits the Market

Pacifica San Juan, a well-located, prime piece of Southern California real estate in San Juan Capistrano, hits the market. Set across 250 acres and comprising 318 lots, the project is being sold by Lehman Brothers Holdings Inc. The sale price is expected to be over $150M and is sure to garner strong interest from the largest and most well-capitalized builders in the business.

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Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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