News
Land Advisors Organization Closes Alberhill Ranch Deal in Riverside County
FOR IMMEDIATE RELEASE
Media Contact:
Kamryn Brugman
Land Advisors Organization
480.483.8100
kbrugman@landadvisors.com
Land Advisors Organization Closes Alberhill Ranch Deal in Riverside County
Irvine, CA, September 1, 2016 — The Irvine office of Land Advisors Organization, a premier nationwide land brokerage firm, announced today the successful closing of Alberhill Ranch 82 Lots within the Alberhill Ranch Master Planned Community. Alberhill Ranch 82 Lots is located west of Interstate 15 at the southeast corner of Lake Street and Alberhill Ranch Road in the City of Lake Elsinore, Riverside County, California.
Land Advisors Organization brokers R. Jeffrey Spindler, F. Brian Carricaburu, Ian T. Sinderhoff, and Andrew Sinderhoff negotiated the transaction, representing the buyer and seller.
The lots were sold by Castle and Cooke Alberhill Home Building, Inc. and was purchased by KB Home. KB Home is looking to continue the success of its two previous projects within the Alberhill Ranch Community, Terraces I and Terraces II. Alberhill Ranch is a 1,853-acre development with approximately 3,705 residential units and over 600 acres dedicated to open space with walking trails, parks, and schools.
“Affordability has been a primary concern for the public homebuilders in the Inland Empire over the last couple of years. KB Home has been very successful in Lake Elsinore with their Terraces community in Alberhill Ranch. These home sites with excellent views of the lake and surrounding hillsides and generous 6,000 square foot pads will allow them to continue that success. Alberhill Ranch is a premier master-planned community sitting atop the hills north of the lake with an existing pool and recreation center, proposed commercial, and planned elementary school,” said Brian Carricaburu, Founding Principal at Land Advisors Organization.
For additional information regarding this transaction and land trends occurring in the Riverside County area, contact F. Brian Carricaburu: bcarricaburu@landadvisors.com / (949) 656-8002.
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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.
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