SAN DIEGO-Developers from Southern California continue to increase their plans for new housing construction in the middle of a creeping economic recovery. Santa Ana-based City Ventures has recently closed 13 transactions to acquire 1,337 residential lots spanning in nine SoCal communities, including Carlsbad and Encinitas.
City Ventures has bought 19 Encinitas parcels at Leucadia Collection for single-family homes averaging in the low-$900,000s and 53 Carlsbad parcels at El Camino Real for townhomes priced in the mid-$400,000 range.For the full story, go to San Diego Business Journal.
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