08/20/2012Adcuram Group AG, a prestigious distressed equity firm headquartered in Munich, Germany, has retained Land Interest, Inc. to provide real estate asset management services related to a 21-acre environmentally-challenged industrial site, located in Houston, Texas. Land Interests, headquartered in Irvine, California was selected over competing firms based on its unique qualifications earned as an FDIC approved asset manager, numerous receivership assignments performed throughout the United States,
05/31/2012Land Interests, Inc. closed the final phase of Empire Estates' 12 discrete development projects located in Arizona and California. Land Interests was retained by Ron Groeneveld, Managing Director of Paladin Asset Preservation & Management, Inc. and court-appointed Receiver, to market and sell 707 residential lots, homes and models owned by Empire Residential Construction, L.P. and Prestige Homes, L.P. Land Interests achieved an average sales price greater than 92% of appraised value.
05/31/2012In less than six months' time, the brokerage team at Land Interests, Inc. closed the final two parcels to complete the sale of the F6/Trend portfolio in Maricopa County, Arizona. The F6 Homes Estate consisted of 738 residential lots within 13 properties among 6 different master-planned communities. Under the day-to-day management of Land Interests, Inc., the court-appointed Receiver, Ron Groeneveld of Paladin Asset Preservation & Management, Inc., successfully negotiated payment of $2.4 millio
03/20/2012IRVINE, California, March 20, 2012 – In a move to expand its full-service real estate asset management, investment advisory and brokerage services, Land Interests, Inc. is moving its Northern California office from Sacramento to Walnut Creek. The relocated operation will be led by Managing Director, Michael Howl, a seasoned real estate asset manager, broker and developer. Howl most recently worked for Pacific Capital Bancorp/Santa Barbara Bank & Trust, and previously as a Vice President/ Partner
02/14/2012The brokerage team at Land Interests, Inc. closed escrow on 354 finished lots located in three different master planned communities in Maricopa County, Arizona. Land Interests, Inc. represented the Seller, Court-Appointed Receiver, Ron Groeneveld of Paladin Asset Preservation & Management, Inc. These transactions represent approximately fifty percent of the 738-lot F6/Trend Homes Portfolio marketed for sale through the court-appointed receivership estate. Adam Smith, Guillermo Monge and Bran
01/09/2012Land Interests Inc. opened an office in Henderson on January 2, 2012. It is located at 701 North Green Valley Parkway Suite 200, Henderson, NV 89074. Rick Simmons has been named the managing director of the Nevada office.
10/10/2011IRVINE, California, October 10, 2011 – Land Interests Inc. (LII) was engaged by a private landowner to perform a Market Strategy Analysis on a 500-acre private ranch in Poway, CA. In 2006, the property received a Tentative Tract Map for a 28 lot subdivision and currently serves as the primary residence for the owner’s family. LII was retained to analyze various disposition options and make recommendations that balance revenue maximization with the family’s desire to preserve a legacy of good l
10/07/2011IRVINE, California (October 7, 2011) – Land Interests Inc. closed 11 standing units located in the 605- Unit Masterplanned Community of Mountain Gate in the town of Clarkdale, Arizona. Mountain Gate is Comprised of diverse product types and the sale to Dorn Homes consisted of both single family detached homes and townhomes. Land Interests continues to list 25 finished lots in the community of Mountain Gate. With the property just eight miles southwest of Sedona, Arizona, these lots are in a
10/07/2011IRVINE, California, Date (October 7, 2011) – Land Interests Inc. closed 11 standing units and 146 lots located in Flagstaff, Arizona. Pinnacle Pines is a residential subdivision located in Flagstaff, Arizona, consisting of completed townhome units, finished single-family lots and undeveloped land proposed for an additional 104 lots. Phase I of the project has been improved with one model, one inventory and nine partially-constructed townhome units. Phase I also includes 42 finished lots with