Lennar Acquires 19 Acres in Fontana, CA

Builder Online

Lennar Homes has acquired a site entitled for 102 single-family lots in Fontana, Ca. from the Goodman Family, a southern California developer. Land Advisors Organization, a nationwide advisory firm focused on the acquisition and disposition of land and land-related assets, represented the buyer and made the announcement. Terms were not disclosed.

Read More

Previous Dying Shopping Malls Can Make Room for New Condos and Apartments
Next Willowbrook Getting 94 New Affordable and Market-rate Homes

About author

Michael Anderson
Michael Anderson 247 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.

View all posts by this author →

You might also like

Deals

Landmark Obtains Financing For Second RC Hobbs Community

Landmark Capital Advisors, Newport Beach, on Tuesday announced a successful $9.5 million AD&C loan and JV Equity transaction in Riverside, Ca. on behalf of home builder RC Hobbs Company, the

Homebuilders / Land Developers

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.

Deals

Anaheim Warehouse Targeted for Residential Redevelopment

Irvine, CA-based Shopoff Realty Investments, in partnership with funds managed by Argosy Real Estate Partners, acquired a 20.5-acre property in Anaheim, CA through a sale-leaseback transaction. The new owner plans