Posts From Steve Devorak
Terramor Masterplan on I-15 Corridor Breaks Ground
The 1,443 home Terramor masterplan broke ground this week. Consisting of a mix of age-qualified and market rate units, the large-scale community in the South Corona region of the Inland
CalAtlantic Group is Official
The merger between Standard Pacific Corp. and the Ryland Group Inc. is now officially complete. The combined entity will operate under the name CalAtlantic Group in a reflection of its
A Look at the Massive Hollywood Park Project
The Hollywood Park project in Inglewood has been in the works for over a decade and it finally appears as meaningful strides are being taken to bring it to fruition.
Storm Properties Picks Up Property in Harbor City
Storm Properties recently purchased unentitled property from the International Church of the Foursquare Gospel in Harbor City within the South Bay area of Los Angeles. Storm intends on entitling the
Characteristics of Land Loans
Chuck Salas, with private lender Seattle Funding Group, discusses what borrowers of land loans should be aware of. Among the characteristics of land loans that borrowers should be cognizant of:
Macro Impacts to Housing Market
Daren Blomquist with RealtyTrac discusses the impact of various macro-economic factors on the housing recovery. Among the factors discussed are the stock market, oil prices and the influence of foreign
Big Plans for Tustin Air Base
Over the past several years, coming out of the housing downturn, Tustin Air Base has seen significant development activity. However, with more than 400 acres of land still undeveloped and
WD Land on Land Brokerage
Sal Provenza and Curt Crandall, partners at WD Land, a land brokerage firm based out of Irvine, discuss the business of land brokerage. According to Provenza and Crandall, among the
Paulson Starts Lot Disposition Program
During the bottom of the housing market, hedge fund magnate John Paulson (who famously shorted the subprime mortgage market earning himself an estimated $4 – 5 billion in the process)
Cornerstone Communities Developing 317-Unit Project in Oceansid
San Diego-based Cornerstone Communities breaks ground on Pacific Ridge, a 30-acre, 317-unit gated development in the Rancho del Oro master-planned community in the City of Oceanside, North San Diego County.