Zephyr Closes on Dana Point Parcel
Zephyr Partners, a San Diego-based developer, closed on a nine-acre property in Dana Point adjacent to Doheny State Beach and Dana Point Harbor. The estimated purchase price was $50 million. The project, slated for 168 high-end townhomes, was sold by AG/A&M Doheny LLC, a joint venture partnership between Angelo Gordon and Alvarez & Marsal Capital Real Estate.
About author
You might also like
Beacon Park Community Opens in Irvine
The highly-anticipated Beacon Park neighborhood of the Great Park masterplan, being developed by master developer, FivePoint Communities, opened this past weekend. Following the success of Pavilion Park (the first phase
TRI Pointe Acquires 199 Lots in Santa Clarita Valley
TRI Pointe Homes acquires 199 lots in the Five Knolls masterplan in the Santa Clarita Valley area of Los Angeles County. Pricing on TRI Pointe’s Grayson at Five Knolls project
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
