Land/Projects
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,
OC Land Prices Continue to Climb
The high cost of land in Orange County continues to contribute to the housing affordability problems within the County. With a “finished lot” in the OC estimated at $575,000, land
100 Townhome Units Coming to Pomona
Local investor, Tom Y. Lee, closed on a 7.5-acre site in Pomona for development of 100 townhomes. The project is located at 2887 Towne Ave. and is nearing completion of
Harridge Picks-Up Northridge Site
Prolific LA Developer, Harridge Development Group, picks up a 3.3-acre site in Northridge. Led by David Schwartzman, Harridge has become one of the leading developers of in-fill projects in the
SunCal Places Big Bet in Arts District
SunCal, an Irvine-based masterplan developer, closed on 14.6 acres in the Arts District in downtown Los Angeles for $130 million. The property was purchased with financing from Michael Dell’s family
Pace of Land Acquisitions Activity Expected to Pick Up
With builders reporting strong sales activity so far this year, the need to replenish and grow land pipelines is once again becoming a top priority at many homebuilding companies. While
1,100 New Homes to Open at Tustin Legacy
After stalling out during the housing downturn, a rejuvenated Tustin Legacy will add 1,100 new housing units over three projects in a mix of multi-family and single-family detached homes. With
City Ventures Assembling 8.76 Acres in Glendora
Prolific infill developer City Ventures closes on the first 4.07 acres of a total 8.76 acres assemblage in the City of Glendora. This parcel located at 641 E. Foothill Blvd
TRI Pointe Acquires 199 Lots in Santa Clarita Valley
TRI Pointe Homes acquires 199 lots in the Five Knolls masterplan in the Santa Clarita Valley area of Los Angeles County. Pricing on TRI Pointe’s Grayson at Five Knolls project
Building Activity Steps Up in the OC
OC has been a hub of new home construction activity so far this cycle, and the pace seems to be accelerating in reaction to strengthening housing market conditions. In this
