Posts From Michael Anderson

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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Deals

Cook Hill Properties to Build 1,200 Homes on Oil Property in Montebello

The new owners of the development company planning to build 1,200 homes in the Montebello hills said the firm plans to continue with the project. Newport Beach-based Cook Hill Properties

Housing Market

Report Finds Homeownership in California Lowest Since 1940s

While San Francisco is often portrayed as the epicenter of housing unaffordability on the West Coast, the issue is truly pervasive to California as a whole. A draft report from

Homebuilders / Land Developers

A Housing Pullback In 2017?

According to data compiled by the Federal Reserve Bank of New York, the 10-year term premium moved above zero for the first time in 10 months on the 14th of

Homebuilders / Land Developers

Local Homebuilding Successes Defy Critics

If Orange County is purportedly such a poor place to do business, how did four local master-planned communities end up on a list of the 20 fastest-selling projects in the

Sr. Financial Analyst

K. Hovnanian – Location: Irvine, CA
Date Posted: January 6, 2017

Land/Projects

Toluca 17 Launches in Toluca Lake

Looking to buy in Toluca Lake, the classy suburban neighborhood in the Valley with a long history of celebrity residents? Seventeen opportunities are opening this weekend, when sales launch for

Homebuilders / Land Developers

Benchmark Communities Reaches 2,000 New Home Deliveries since 2013 IPO

Benchmark Communities (“Benchmark”), an award-winning national homebuilder, announced today that it has reached a milestone of 2,000 new home deliveries since its parent company, UCP (NYSE:UCP), went public in 2013,

Land/Projects

KB Home Announces the Grand Opening of Centerpointe in Downey

KB Home (NYSE: KBH) today announced the grand opening of Centerpointe, a distinctive collection of 117 three-story homes situated in the Los Angeles County City of Downey. Located at the

Homebuilders / Land Developers

Developers Build on Home Rental Success With Whole Communities

Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took

Housing Market

California Needs to Build a Staggering Nmber of Homes

It’s no secret that California is grappling with a housing shortage, but a new report quantifies how serious the problem is. Developers are building an average of 80,000 new California