January 3, 2018
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REAL ESTATE: Market rate condos would start at 654 SF
FivePoint Communities Inc., the real estate firm overseeing development of the former El Toro Marine base in Irvine, has disclosed plans to build some of the city’s smallest and likely most affordable homes in years.
Five Point Holdings LLC and City of Hope said today they plan to build a $200 million cancer center at the Great Park Neighborhoods in Irvine.
Busy year, OC’s third-largest land owner … projects in OC, North LA, NorCal … May IPO … market cap $2B … land swap with Irvine advanced military veterans cemetery … amphitheater to replace Irvine Meadows … bought back Broadcom campus, $443M … aims at millennials with smaller, more-affordable housing … 2017 Ellis Island honoree … Business Journal OC 50