News
Land Advisors Organization Closes Bickford Ranch Deal in Placer County
ROSEVILLE, CA, JUNE 28, 2016 — The Roseville office of Land Advisors Organization, a premier nationwide land brokerage firm, announced today the successful closing of the Bickford Ranch master planned community. Bickford Ranch is located approximately four miles north of Interstate 80 and south of Highway 193, between Lincoln and Penryn in Placer County, California.
Land Advisors Organization brokers Terry Ruckle, Mac O’Donnell and Ryan Long negotiated the transaction, representing the seller.
The planned lots were sold by Lehman Brothers Holdings, Inc., and was purchased by Westland Capital Partners. Westland will spend the next 12 to 18 months processing tentative maps and improvement plans and hope to see site construction begin in Spring of 2018. Bickford Ranch is a 1,928 acre development with 1,890 residential lots, half of which will be part of an active adult community. Over 1,100 acres will remain as open space boasting preserves, walking trails and parks.
“Bickford Ranch is a trophy asset and there is no doubt that demand from builders as well as eventual home buyers will be strong,” said Ryan Long, Senior Vice President of Land Advisors Organization.
For additional information regarding this transaction and land trends occurring in the Roseville area, contact Ryan Long: rlong@landadvisors.com / (916) 784-3329 Ext. 16.
The Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, the Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.
The Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington.
To learn more about LAO, visit www.landadvisors.com. Connect with LAO on Facebook here. Connect with LAO on LinkedIn here. Follow LAO on Twitter here.
Press Contact:
Lara Bauer
Land Advisors Organization
lbauer@landadvisors.com
(916) 784-3329