The New Home Company Under Contract for $250M+ of Prime OC Land
The New Home Company is looking to expand its presence in the high-end Orange County housing market with the acquisition of four sites from The Irvine Company. The $250M+ land buy looks to be a structured transaction, with rolling option takedowns, involving two sites in Crystal Cove in Newport Coast and one site each in Orchard Hills and Portola Hills.
About author
You might also like
Land Shortage Impeding New Home Supply
In a May survey by the National Association of Homebuilders, 60% of respondents stated that the overall supply of developed lots was low to very low, the highest percentage since
Luxury Homes at Toll Brothers’ Porter Ranch Eclipse $2 Million
Press Release – For the first time in Porter Ranch’s history, new home sales are topping the $2 million mark. Toll Brothers, America’s luxury home builder®, says the closing price