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

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.

Housing Market

Dying Shopping Malls Can Make Room for New Condos and Apartments

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.

ULI Fall Meeting

Date: October 23–26, 2017
Location: Los Angeles, California

5th Annual Real Estate Private Equity Forum on Land & Homebuilding

Date: September 28-29, 2017
Location: Las Vegas, CA

Housing Market

Economist Warns That Buyers Face Increasing Troubles

From a broad view, the U.S. housing market looks very healthy. Demand is high, employment and wages are growing, and mortgage rates are low.

Housing Market

A New Generation of Young Home Buyers is Tiptoeing into the Market

Newly married and in their mid-20s, San Clemente residents Josh and Kayleigh Hyink were ready for the next step in their “master plan.”

Land/Projects

Orange County Home to Four of the Nation’s Best-Selling Master-Planned Communities.

Irvine Ranch continues to be the top-selling master-planned housing community in the nation, according to the latest report by RCLCO, a real estate advisers group.

Land/Projects

MBK Launches Southern California Community

California builder MBK Homes has opened Irving House, a collection of detached homes inspired by 1900s architect Irving Gill.

Land/Projects

Highland Park’s Fig & Fifty Walk Town Homes Start from $578,000

The more than two dozen townhomes in The Olson Company’s Fig & Fifty Walk development will hit the market September 9 with asking prices from $578,000.

Deals

San Diego Res Development Land Sells for $64/SF

A 3.47-acre residential land parcel located within the Pacific Highlands Ranch community in San Diego sold for $9.73 mil ($64/sf).