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.
Previous
Homebuilder Sentiment Dips in May
About author
You might also like
Big Blow Dealt to Santa Clarita Mega-Project
The Newhall Ranch project in the Santa Clarita Valley area of Los Angeles County was dealt a major setback by the California Supreme Court which rejected the sufficiency of its
Newport Beach Expected to Yank Banning Ranch Approvals this Week
The Newport Beach City Council is expected to vote to vacate all approvals for the Newport Banning Ranch project