The New Home Company Under Contract for $250M+ of Prime OC Land
May 20, 2015

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.

Read More

Previous Homebuilder Sentiment Dips in May
Next Prices and Sales Volume Up in Southern California
Tags crystal coveorchard hillsportola hillsThe irvine companyThe New Home Company
Category Land/Projects

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

Land/Projects

Kern County Approves Grapevine Master Planned Community

Land/Projects

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

Land/Projects

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