City of Industry Plans to Sell Large Parcel in Chino Hills

City of Industry Plans to Sell Large Parcel in Chino Hills

The approximately 2,500-acre Tres Hermanos Ranch property owned by the City of Industry, but falling within the borders of Diamond Bar and Chino Hills, will be marketed soon by land brokerage firm, The Hoffman Company. The property is likely to be a highly-coveted asset among the development community due to its prime Southern California location within two highly-desirable cities.

Read More

Previous Prices and Sales Volume Up in Southern California
Next Existing Home Sales Dip

About author

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.

View all posts by this author →

You might also like

Deals

Lennar to Build 124 Homes in the Phillips Ranch area of Pomona

Lennar Corp. has purchased a 13.9-acre site in the masterplanned Phillips Ranch area of Pomona where it plans to build 124 homes and 6,000 square feet of retail space. The

Land/Projects

City of Industry’s Plans for 2,450-Acres of Pristine Ranch Land are a Mystery

In a rolling swath of cattle pastures, oak woodlands and canyon creeks straddling the borders of Los Angeles, Orange and San Bernardino counties, civilization grinds to a halt. Tucked in

Land/Projects

Land Financing 101

Mark Strauss, Managing Director with Cohen Financial, discusses the nuances of land loans. Due to its illiquid nature and lack of cashflow, lenders are generally hesitant to lend on land