Posts From Michael Anderson
Trumark Companies Launches Masterplan Subsidiary
The Trumark Companies recently announced the formation of Trumark Communities to acquire and develop masterplan opportunities with the goal of selling improved lots to merchant builders. Peter Kiesecker, a former
New Home Sales and Prices Rise in April
New home sales rose more than expected in April to a seasonally adjusted annual rate of 517,000 units, a 6.8% improvement over the March number of 484,000 units and above
Existing Home Sales Dip
The National Association of Realtors reported that the pace of existing home sales fell in April to an annualized rate of 5.04 million, a drop of 3.3% from the month
City of Industry Plans to Sell Large Parcel in Chino Hills
The approximately 2,500-acre Tres Hermanos Ranch property owned by the City of Industry, but falling within the borders of Diamond Bar and Chino Hills, will be marketed soon by land
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
Homebuilder Sentiment Dips in May
The NAHB/Wells Fargo Housing Market Index unexpectedly fell to 54 from 56 the month before. Nevertheless, there was an improvement in the six-month sales outlook from 63 to 64, the
Housing Starts and Building Permits Exhibit New Found Strength
Total housing starts jumped 20.2% from March to April to hit an annualized pace of 1.14 million with single-family starts jumping by 16.7% to 733,000. Building permits rose 10.1% from
BIA/OC 48th Annual Golf Tournament presented by Boudreau Pipeline
Date: June 1, 2016
Location: Coto De Caza, CA
City Ventures Gets Closer to Approval on 70 Units in Alhambra
Developer City Ventures received a 4 – 1 preliminary Alhambra City Council vote on Tuesday, May 12th, to approve the Midwick Collection development consisting of 70 residential units located at
Next Phase of Rancho Mission Viejo in Full Swing
On the heels of the successful Phase I of the 14,000 home Rancho Mission Viejo development, Sendero, land development work on Phase 2, Esencia is in full swing. This fall,
