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

OCRegister

By Jeff Collins

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.

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About author

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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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.