Woodside Homes Acquires Over 1,000 Lots From Sabal Financial Group, Inc.

Woodside Homes Acquires Over 1,000 Lots From Sabal Financial Group, Inc.

Irvine, CA (March, 2018) – Representing one of the largest residential land transactions in the Inland Empire, Woodside Homes has acquired up to 1,007 single-family detached lots and 334 multi-family units within Phase II of the Roripaugh Ranch Specific Plan located in Temecula, CA. Land Advisors Organization, a nationwide advisory firm focused on the acquisition and disposition of land and land-related assets, as well as the Hoffman Company jointly represented the Seller, Sabal Financial Group, Inc.

The lots purchased by Woodside Homes are a part of the Roripaugh Ranch master-planned community, which is approved for the development of single-family detached lots with a lot segmentation from 3,000 square feet to half-acre lots, multi-family units, a sports park, private recreation centers, an extensive trail system and potential school sites. This is a rare chance to deliver both market rate and age qualified homes within one of the highest rated school districts in the Inland Empire.

Land Advisors’ California Division President, Jeffrey Spindler, says, “We’ve brokered numerous master-planned communities in the region, and Roripaugh Ranch, with its large array of amenities and adjacency to Temecula’s wine country, is guaranteed to attract new homebuyers throughout Southern California.”

Roripaugh Ranch is located within the highly supply constrained City of Temecula, at the southeast corner of Murrieta Hot Springs Road and Butterfield Stage Road, adjacent to the Temecula wine country.

Sabal Financial Group’s Director of Managed Real Estate, Dispositions and Capital Markets, Ken Kraemer, says, “We received a number of offers from homebuilders, land developers, and investors for Roripaugh Ranch. Woodside Homes provided us with confidence they’ll create a spectacular community that will attract new homeowners to Temecula. We’re positive they’ll be successful.”

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Land Advisors Organization is a nationwide advisory firm focused on the acquisition and disposition of land and land-related assets. With deep market expertise and a national network, Land Advisors helps clients identify and capitalize on valuable opportunities. The diversified LAO-CA platform includes Landmark Capital Advisors, disciplined in sourcing real estate debt and equity, and Market Insite specialized in consulting and research products for new homes and residential land.

Media Contact:
Ethan Granger
480-483-8100