Real Estate/Development
Nov. 29, 2012
Real Estate Deals
Terre Verde Group LLC, a real estate investment company, acquired Ranch Las Flores, a 9,850-acre master-planned residential community in Hesperia.
Developer buys nearly 10,000 acres in Hesperia
Terre Verde Group LLC, a real estate investment company, acquired Rancho Las Flores, a 9,850-acre, master-planned residential community in Hesperia.
The company purchased the land out of bankruptcy from R.E. Loans, a private mortgage lender, for $45 million.
The High Desert project is slated for 15,500 homes.
"The rolling terrain and the spectac...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In