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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Director of Land Acquisitions

Recruiter – Location: Orange County, CA
Date Posted: February 3, 2017

Land/Projects

All 31 Townhomes at Brandywine Homes’ Sunstone Development in Norwalk Sold

Brandywine Homes recently announced that all 31 townhomes have been sold at Sunstone, a two-acre, transit-friendly community located at 11009 Pioneer Boulevard that held its grand opening in May 2016.

Homebuilders / Land Developers

CalAtlantic Beats Estimates

CalAtlantic Group, Inc. (NYSE: CAA) on Wednesday after market close announced net income of $167.0 million, or $1.25 per diluted share, for the fourth quarter ended Dec. 31, 2016., compared

Homebuilders / Land Developers

For Frontier Enterprises, a Muted Entry into Medical Marijuana in Adelanto

By Shea Johnson – The massive medical marijuana park that broke ground Thursday, in an up-the-ante signal of this industry’s transformative powers, is backed by an unlikely company. Frontier Enterprises,

Homebuilders / Land Developers

Meritage 4th-Qtr Profit Flat, But Beats Estimates

Net earnings for the fourth quarter of 2016 were $51.8 million or $1.22 per diluted share, compared to $52.9 million or $1.26 per diluted share reported for the fourth quarter

Homebuilders / Land Developers

MDC 4th-Qtr Profit Up 79%

M.D.C. Holdings (NYSE:MDC), Denver, parent of Richmond American Homes, on Wednesday reported net income of $40.4 million, or $0.78 per share, for the fourth quarter ended Dec. 31, 2016. The

Housing Market

Hand-Wringing Over Rising Rates

By John McManus Are rising interest rates eroding demand momentum? It’s really tough to do the math, because cause-and-effect doesn’t come purely into play, and even correlations are hard to

Homebuilders / Land Developers

Taylor Morrison Homes Beats Earnings Estimates

By Mike Sunnucks Scottsdale-based Taylor Morrison Homes Corp. (NYSE: TMHC) reported earnings of 63 cents per share — 65 cents per share when not including certain charges — in the

Housing Market

Zelman’s Look at Multigen

By John McManus For residential developers and volume builders, the future is the present. To recognize a budding population pattern, and model correctly how that pattern will play out over

Land/Projects

Luxury ‘Barefoot’ Condos Break Ground in Dana Point

San Diego-based Zephyr broke ground on South Cove, a 168-unit, luxury condominium project in Dana Point, CA. The development is the company’s first in Orange County, and is scheduled to