Posts From Steve Devorak

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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Homebuilders / Land Developers

543 new homes in Lake Forest: The builder’s story

Meet the chief of Landsea Homes, making its first mark in local homebuilding in the rugged foothills of Lake Forest.

Land/Projects

CalAtlantic Homes Opens Communities in Ventura

CalAtlantic Homes on Friday announced the Grand Opening of Solana Heights, a new master-planned community bringing three new neighborhoods to the heart of Ventura, CA.

Land/Projects

Downsized Mixed Use Complex to Add 242 Units to Granada Hills

A major new mixed use project in Granada Hills is slowly moving toward city approval.

Land/Projects

Newhall Ranch Fuels Development Boom Transforming Northern L.A. County

One of Southern California’s longest-running and ugliest development battles ended in a historic truce Monday when environmental groups agreed to a deal that will allow a new city of 58,000 residents to rise in the Santa Clarita Valley.

People

KB Home to Cut C.E.O.’s Bonus After His Rant Against Kathy Griffin

Jeffrey Mezger, chief executive of the homebuilder KB Home, will take a 25 percent cut to his year-end bonus as a result of his sexist and homophobic outburst against his neighbor, the comedian Kathy Griffin, the company said Thursday.

People

Woodside Homes Welcomes Chris Chambers as President of the Southern California Division

Woodside Homes, a top 30 homebuilder in the US, announced Chris Chambers as the new President of the Southern California Division.

Deals

Developer Acquires 19 Lots in L.A.’s Silver Lake

Ridge Crest Real Estate, LLC, has acquired two sites entitled for 19 small lot detached units in Silver Lake, CA. from Amreal GP Investors, LLC and Amreal Hyperion Investors, LLC, subsidiaries of Amoroso Development Company.

Deals

Shopoff Realty Investments Sells 16.1 Acres of Land After Securing Entitlements for 124 Two-Story Townhomes in Vista, CA

Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced today that the company has sold 16.1 acres of land entitled for 124 two-story townhomes in the Northern San Diego County suburb of Vista, CA, to a residential developer.

Housing Market

Homebuilder Confidence Reaches 12-Month High

By Kelsi Maree Borland LOS ANGELES—Single-family developers are becoming more optimistic about the home market as a result of loosened regulations from the new administration, GlobeSt.com reports in this EXCLUSIVE

Homebuilders / Land Developers

Landmark Obtains Financing For Second RC Hobbs Community

Landmark Capital Advisors, Newport Beach, on Tuesday announced a successful $9.5 million AD&C loan and JV Equity transaction in Riverside, Ca. on behalf of home builder RC Hobbs Company, the