San Diego Res Development Land Sells for $64/SF

RENTV

RENTV

A 3.47-acre residential land parcel located within the Pacific Highlands Ranch community in San Diego sold for $9.73 mil ($64/sf). The property is situated on the north side of Village Center Loop Rd, adjacent to The Village at Pacific Highlands Ranch.

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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.

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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

Land Advisors Brokers Sale of Inland Empire Community to KB Home

Land Advisors Organization on Thursday announced the successful closing of Phase 1 involving 77 fully entitled lots of Summit at Fontana, a 29-acre residential community including a total of 171

Homebuilders / Land Developers

Lennar to Buy CalAtlantic

A $5.7 billion deal would create the nation’s No. 1 builder by revenue, and challenge D.R. Horton from the current recovery to the next.