Posts From Michael Anderson

Michael Anderson
Michael Anderson 238 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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Land/Projects

CalAtlantic Homes Debuts The Only Age-Exclusive Community In North Irvine

CalAtlantic Homes, one of the nation’s largest homebuilders, today announced the Grand Opening of Travata at Cypress Village

Land/Projects

Foremost Companies Announces Grand Opening of Two All-Age Neighborhoods in Temescal Valley

Foremost Companies has announced the grand opening of its first two all-age neighborhoods at Terramor, a new unique multi-generational master-planned community.

Deals

CalSTRS Forms New US Housing JV

The California State Teachers’ Retirement System has formed a joint venture with New York-based private equity real estate firm GTIS Partners to initially invest $204 million in homebuilding and residential lot development across the US.

Land/Projects

Burbank Denies MLC Holdings’s Preapplication to Submit its Housing Project

Burbank council members voted 3-2 to deny MLC Holdings, Inc. its preapplication request to submit a proposal to build 34 single-family homes on a 4.7-acre plot at 814 S. Mariposa St.

Land/Projects

Harvest at Limoneira Breaks Ground

Limoneira Company announced that its Harvest at Limoneira project broke ground on Wednesday, November 8th following a decade of hard work and dedicated planning.

Land/Projects

New Haven in Ontario Ranch Is a Top 5 Best-Selling California Community

New Haven, a master-planned community in Ontario Ranch, is among 2017’s five best-selling communities in California, and among the top 50 nationwide, according to a report by RCLCo.

Housing Market

The GOP Tax Plan Has The Real Estate Industry In Panic

Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.

Housing Market

California Housing Affordability at 10-Year Low

Only 28% of home buyers can meet requirements for a median-priced single-family home.

Homebuilders / Land Developers

Lennar Makes Deal for CalAtlantic as Home Builders Face Challenges

Two of the nation’s biggest residential-construction companies are merging in hopes that their combined heft will help them counter those forces.

Deals

Lennar to Buy CalAtlantic

A $5.7 billion deal would create the nation’s No. 1 builder by revenue, and challenge D.R. Horton from the current recovery to the next.