SunCal Places Big Bet in Arts District

SunCal Places Big Bet in Arts District

SunCal, an Irvine-based masterplan developer, closed on 14.6 acres in the Arts District in downtown Los Angeles for $130 million. The property was purchased with financing from Michael Dell’s family office, MSD Capital, and is expected to be planned for a mixed-use development with office, retail and live/work residential components.

Read More

Previous KB Delivers Q1 Earnings Beat
Next New Homes Sales Up

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.

View all posts by this author →

You might also like

Land/Projects

The New Home Company Under Contract for $250M+ of Prime OC Land

The New Home Company is looking to expand its presence in the high-end Orange County housing market with the acquisition of four sites from The Irvine Company. The $250M+ land

Land/Projects

Trumark Takes Down Wallis Ranch

Newport Beach-based developer, Trumark, closed on 184-acres in Dublin, CA for approximately $200M. While the transaction is a Northern California land deal, it is worth noting as one of the

Land/Projects

MBK Set to Open in Gardena

MBK’s 1500 Artesia Square project in Gardena is scheduled to open for sale this month. Located in the City of Gardena’s Artesia Corridor Specific Plan, where MBK successfully closed out