Tricon Capital Group Invests 142.5M in Arantine Hills

Tricon Capital Group Invests 142.5M in Arantine Hills

While the Inland Empire has taken a relative breather in terms of land activity in 2014, experienced, sophisticated players seemingly remain bullish on the long-term (if not the immediate-term) prospects for the region. The recent $142.5M investment commitment by Canada-based Tricon Capital Group in the Arantine Hills masterplan located in Corona and to be developed by local operator, The New Home Company, is strong evidence of this fact.

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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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