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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.
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 Advisors Organization, a real estate firm specializing in residential land development projects since 1987, has announced the sale of Seabluff Condominiums, a 75 unit “permit-ready” project located in West
Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood. RSI
