Deals CalSTRS Forms New US Housing JV
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.
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 Landsea Homes Plans Newport Beach Townhomes
Landsea Homes, the U.S. arm of China-based Landsea Group, has acquired 1.2 acres adjacent to Lido Marina Village in Newport Beach.
Deals Lennar Acquires 19 Acres in Fontana, CA
Lennar Homes has acquired a site entitled for 102 single-family lots in Fontana, Ca. from the Goodman Family, a southern California developer.
Land/Projects Taylor Morrison Announces New Homes to San Juan Capistrano Project
Taylor Morrison has announced that it will bring 70 new attached homes to its latest San Juan Capistrano project.
Land/Projects Pardee Homes Inland Empire Looks to Make Splash with 55+ Development
Pardee Homes is developing Altis in Beaumont, Califfornia
Land/Projects 168 New Condos Coming to Dana Point
Dana Point is getting 168 new condominiums on Pacific Coast Highway.
Land/Projects Newport Beach Expected to Yank Banning Ranch Approvals this Week
The Newport Beach City Council is expected to vote to vacate all approvals for the Newport Banning Ranch project
People KB Home to Cut C.E.O.’s Bonus After His Rant Against Kathy Griffin
Jeffrey Mezger, chief executive of the homebuilder KB Home, will take a 25 percent cut to his year-end bonus as a result of his sexist and homophobic outburst against his neighbor, the comedian Kathy Griffin, the company said Thursday.
People Woodside Homes Welcomes Chris Chambers as President of the Southern California Division
Woodside Homes, a top 30 homebuilder in the US, announced Chris Chambers as the new President of the Southern California Division.
People Intracorp Cos. Adds SoCal President
Los Angeles—Intracorp Cos. has appointed Brad Perozzi as president in
People Warmington Residential Names New Presidents in Two Homebuilding Divisions
Warmington Residential has announced new Presidents in its two California
Housing Market L.A. City Council approves development fee to raise money for affordable housing
The Los Angeles City Council voted Wednesday to impose a new fee on development to raise millions of dollars a year for affordable housing as the city copes with rising rents and surging homelessness.
Housing Market How San Diego’s Homebuilding Slump Compares to the Rest of SoCal
San Diego County is on track to build fewer homes than it did last year, said permit records released this week.
Housing Market California Housing Markets are Starting to Stall
According to data compiled by the California Association of Realtors, California’s housing markets are showing signs of stalling.
Housing Market Millennials Want to Own Homes Too, If U.S. Economy Would Consent
Kelsey Marshall and her boyfriend Chris Eidam, both 27 years old, call the home-buying process “terrifying.” But they’re clear about one thing: It beats the heck out of renting.
Homebuilders / Land Developers How Small and Medium Builders are Finding Dirt
By Brian Croce For 25 years, Bob Schroeder worked for
Homebuilders / Land Developers How Will Big Builders Use $1 Billion Plus in Tax Cuts?
By John McManus Amid, in spite of, and–quite possibly–a cause
Homebuilders / Land Developers Century Communities Brings Next Generation Quality to Southern California
Century Communities expands its regional presence with the addition of two new communities in the Southern California market.
Homebuilders / Land Developers With Capital Backing From China, Landsea Homes Grows U.S. Footprint
Landsea currently builds on both coasts and eyes further expansion.
Homebuilders / Land Developers The New Home Company Named Fastest Growing Public Company in Orange County
The New Home Company has been named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal.
Homebuilders / Land Developers Lennar Makes Deal for CalAtlantic as Home Builders Face Challenges
Two of the nation’s biggest residential-construction companies are merging in hopes that their combined heft will help them counter those forces.
Deals 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.
Homebuilders / Land Developers 543 new homes in Lake Forest: The builder’s story
Meet the chief of Landsea Homes, making its first mark in local homebuilding in the rugged foothills of Lake Forest.
