my sources (former Pardee employees and TIC employees) say that Pardee is trying to sell 20 of their production lots to Taylor Woodrow for Las Colinas, all while the Toll Brothers showed interest in purchasing and building Prado. Pardee has closed up shop in Orange County and has given back all...
VoC is a knock-off to TIC. Lyon and Lennar got such good deals for the land cost because it was in a redevelopment zone and it boggles my mind why the dues are high
<p>market entry couldnt be at a worse time. Especially with tons of inventory in that region and pricing. Low-income housing is already planned for CPW. It will be built by Bridge Housing Corporation. The 'low-income' housing is not that 'low-income'.....you must have a solid $50,000 to put...
irvine company wanted richmond to re-use and modify our windward product but we had backed out...also, brookfield was wanted to use their ziani product but then they backed out. TIC wants all the project to be Newport Coast level and above...Good luck building Newport Coast homes on a dump in...
<p>EvaL---The gap between the land cost, actual sales price and Richmond's ten percent is the total profit that goes to TIC. As sad as it is, TIC profits more off each home sold rather than the builders. No builder has ever received over 12% profit on any project. Also, flooring and option...
toll is having a hard time selling their style of architecture in orange county. they have backed out of their san juan project but i know that Toll is going to purchase Prado from Pardee in Portola Springs.
I know it is hard to believe but, land cost is that high on the irvine ranch. The 735k price was for the (what is known as the 'take down') of the first phase at Manzanita. TIC is allowing builders a smaller price tag with a much slimmer profit margin than anticipated. Richmond is now probably...
You are absolutley right about builders wanting to back out of PS! I worked for Richmond until earlier this year and the land costs for Manzanita are very high. Each lot cost 735,000 before building the actual home. Pardee is already jumping ship and Cal Pac wants to rezone and resize lots and...
Laguna Crossing's pricing will be comparable to Woodbury. TIC is labeling is also as Quail Hill pt.2......"re-use" products are floorplans used in previous projects and pro-forma pricing was taken from woodbury comps in Feb of 2005 for builders to draw their initial budgets. But lately TIC is...
<p>LL: If you are going to be purchasing at PSJ--I do suggest sticking with Laing at Belle Cliffe. The floorplans are alot better than Khov's. And the reason why people have been on interest lists for so long with PSJ is because the city was making outrageous demands to Sun-Cal after they were...