Homebuilder Lennar buys 554 residential homesites at Harvest at Limoneira

Homebuilder Lennar has bought 554 residential homesites at the Harvest at Limoneira master-planned community in Santa Paula, lemon grower Limoneira announced May 2. The transaction completes the sell-out of Phase 2 of the 1,500-unit development. “This is a big deal,” Limoneira CEO and President Harold Edwards told the Business Times. Limoneira did not disclose the value of the Read More →

CRE: Ventura County industrial rates remain steady as vacancies increase
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CRE: Hotel occupancy up, calls for housing intensifies
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CRE: Oxnard shopping center snatched up by LA investment firm for $90M

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Ranch at Moorpark sells for $133.2M

The Ranch at Moorpark, a 376-unit multifamily community in Moorpark, has been sold for $133.2 million, according to an April 11 report. Decron Properties, one of the largest privately owned real estate firms in California, sold the property AEW Capital Management. According to a press release, Decron acquired the asset, located at 51 Majestic Court Read More →

CRE: Santa Barbara County DA’s office warns of vacant lot listing scams
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CRE: Santa Barbara hotel occupancy, revenue down in February

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