REAL ESTATE INDUSTRY NEWS
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City Ventures plans to build 123 homes in Yorba Linda
The company specializes in redeveloping distressed properties.
BY TAMIRRA STEWARTPublished: March 14, 2010 08:30 AM
City Ventures, a real estate investment group in Santa Ana, plans to build 123 homes on a commercially zoned 5.8-acre property on the corner of Prospect Avenue and Imperial Highway in Yorba Linda.
City Ventures owns land and will work with the city to ensure that the development reflects Yorba Linda’s vision for future community development.
City Ventures, which also has offices in Los Angeles and San Diego, specializes in the purchase and restoration of unencumbered, distressed urban properties and transforms them into new residential neighborhoods.
The company currently holds more than 2,000 lots within 13 urban and coastal counties in California that carry an estimated revenue potential of more than $1 billion. The company also owns or controls land in Pasadena, Newport Beach, Santa Barbara, Encinitas, Santa Ana and Claremont.
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Readers Feedback:
We don't need more houwing on Prospect. The traffic is absolutely insane due to the industrial area and especially the stupid private school which by the way, plans to add a high school. During school hours it is oinsane. You people are crazy. Go build somewhere else.
Comment at 10/28/2010
Are you planning to build rental property or owner occupied homes?
Comment at 3/3/2011
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City Ventures owns land and will work with the city to ensure that the development reflects Yorba Linda’s vision for future community development. City Ventures, which also has offices in Los Angeles and San Diego, specializes in the purchase and restoration of unencumbered, distressed urban properties and transforms them into new residential neighborhoods. The company currently holds more than 2,000 lots within 13 urban and coastal counties in California that carry an estimated revenue potential of more than $1 billion. The company also owns or controls land in Pasadena, Newport Beach, Santa Barbara, Encinitas, Santa Ana and Claremont. Related headlines High-rise condo project in Santa Ana sells for $128 million Anaheim Hills-based Bomel inks construction contract Coreland Cos. closes $3 million in leases 7 homes at 3000 The Plaza sell last month |
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Readers Feedback:
We don't need more houwing on Prospect. The traffic is absolutely insane due to the industrial area and especially the stupid private school which by the way, plans to add a high school. During school hours it is oinsane. You people are crazy. Go build somewhere else.
| Comment at 10/28/2010 |
Are you planning to build rental property or owner occupied homes?
| Comment at 3/3/2011 |
