The Hoffman Company is pleased to announce the $38 million sale of 31.7 acres of vacant land in Murrieta, California, to JPI, one of the nation's largest multifamily developers. The 852-unit, four-story apartment community is poised to transform the local housing landscape and meet the growing demand for quality living spaces in the downtown corridor. Ground-breaking on this fully entitled property is estimated for late 2024 or early 2025.
The Hoffman Company Brokers 18-Acre Parcel in Riverside, California, for Mixed-Use Development
The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called The Exchange being developed by the seller, AFG Development LLC.
California Developer Sancerra Communities Launches its Build-For-Rent Platform with the Acquisition of 26 Acres in Southwest Riverside County
The Hoffman Company, a leader in the land brokerage industry based in Irvine, recently closed the sale of a 26-acre parcel of land envisioned for a new build-to-rent townhome community in Southwest Riverside County.
The Hoffman Company Announces 43-Acre Home of Iconic Murrieta Hot Springs is On the Market
The historic Murrieta Hot Springs Christian Conference Center and Bible College Campus, a 43-acre campus with lodging and educational facilities in southwest Riverside County, is available for sale, according to Justin Esayian of The Hoffman Company, who is handling the exclusive listing.
Former Office Park in San Mateo, Calif., Sells for $106 Million
A prime parcel of 11 acres strategically positioned between San Francisco and Silicon Valley has been purchased by Pulte Homes for redevelopment into a residential neighborhood of 190 homes, according to Cameron Fowler of The Hoffman Company, who brokered the transaction.
The Scenic Campus of St. Michael's Abbey is On the Market in Preparation for Relocation to a New Site in Orange County
The historic St. Michael's Abbey, a 33-acre campus nestled in the foothills of South Orange County, is up for sale now that its long-time residents, the Norbertine Fathers of Orange, are almost ready to move to a new home.
The Hoffman Company Brokers Deal For The Purchase Of 5.7 Acres In Murrieta, CA., By D.R. HORTON
The Hoffman Company, a leader in the land brokerage industry, has successfully closed the purchase of Meadowlark, a fully entitled residential community that will feature 83 townhomes in southwestern Riverside County at affordable prices expected to start in the low $300,000s.
The Hoffman Company Brokers Deal Transferring Aging Retail Site To Lennar Homes For 80-Unit Development In Arcadia, Calif.
The Hoffman Company, a leader in the land brokerage industry, has successfully closed the purchase of a retail shopping center in Arcadia from The Olson Company to Lennar Homes, which plans to repurpose the aging retail site into a mixed-use community featuring 80 units.
The Hoffman Company Expands Its Brokerage Platform to Include Multifamily Land Sales and Entitlement Assistance
The Hoffman Company a land brokerage firm now in its fifth decade with operations in both California and Nevada, announced today the expansion of its services into the multifamily sector. Patrick S. Simons, a 25-year veteran in multifamily development, has joined the firm to lead this growth as senior vice president and managing director of multifamily markets.
Hoffman Co. Expands into Multifamily Land and Entitlement Deals
Irvine-based brokerage firm the Hoffman Co. has expanded its multifamily services platform to include land and entitlement assistance. Patrick S. Simons, a 25-year industry veteran, joins the firm as SVP and managing director to lead the firm's expansion into the multifamily sector.
33-plus-acre St. Michael's Abbey in Trabuco Canyon lists for $18.5 million
The Norbertine Fathers of St. Michael's Abbey have put their 33-plus-acre campus in Trabuco Canyon on the market for $18.5 million. With the scenic foothills of the Santa Ana Mountains as a backdrop, the west-facing slope home to the Catholic community since 1961 has an abbey, a 343-seat church and a dining hall with a commercial kitchen.
There's No Place Like The Inland Empire, Say SoCal BTR Builders
As investors flock to single-family rental development in the wake of the pandemic, the trend has yet to fully take off in Southern California, where market dynamics serve as barriers to entry. But the Inland Empire is proving to be a sweet spot for developers where the conditions for the housing type tend to align.
Desert-living demand grows: Dormant residential development kickstarted in Desert Hot Springs
A long-dormant residential development in Desert Hot Springs is getting kickstarted again with a home builder committed to nearly 200 lots in the coming years, as demand to live in the desert grows.