Posts From admin
Planning Begins for 16-Acre Dog Beach Site
The Robert Green Company and Zephyr jointly acquired a 16-acre oceanfront parcel in Del Mar, CA. The Encinitas, CA firms envision development of a luxury resort, branded resort villas, restaurants
New Home Company Reports Higher Profit
The New Home Company Inc. (NYSE: NWHM), ALISO VIEJO, Calif., on Wednesday reported a profit of $13.8 million, or $0.66 per diluted share, for the fourth quarter ended Dec. 31,
Headwinds at Home Causing Pause in Chinese Buying
This past year, Chinese buyers overtook Canadian buyers as the top foreign purchasers of US real estates with expenditures of $28.6 billion. The influence has been felt disproportionately at the
NAHB Index Rises to Highest Level in Decade
The NAHB/Wells Fargo homebuilder sentiment index rose to 61 in August, representing the highest level in almost a decade. This is the highest level since November 2005. The index was
Land Financing 101
Mark Strauss, Managing Director with Cohen Financial, discusses the nuances of land loans. Due to its illiquid nature and lack of cashflow, lenders are generally hesitant to lend on land
City Ventures Assembling 8.76 Acres in Glendora
Prolific infill developer City Ventures closes on the first 4.07 acres of a total 8.76 acres assemblage in the City of Glendora. This parcel located at 641 E. Foothill Blvd
Taylor Morrison Beats the Street with 3Q 2014 Earnings
Taylor Morrison reported strong 3Q 2014 earnings. Notably, the company has been pursuing the top-end of the market in Southern California and has been among the most aggressive buyers of
Brookfield Has Big Plans for Nelles Property in Whittier
Brookfield Residential Properties is currently undergoing the entitlement process for 74-acres in Whittier, the former site of the Fred C. Nelles Youth Correctional Facility. The planned mixed-use project could see
Foremost Communities Closes on Deerlake Ranch in Chatsworth
Local Southern California developer, Foremost Communities, with equity backing from Starwood Capital closes on the 230-acre Deerlake Ranch project in Chatsworth. The project will be developed for 314 lots across
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