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IRVINE, CA-Land Interests Inc. has closed on 10 California properties on behalf of Paladin Asset Preservation & Management Inc., the court appointed receiver. Land Interests is disposing of the entire portfolio, formerly owned by John Laing Homes, consisting of 831 residential lots and 63 homes in the states of California, Colorado, and Texas.

Tony Eaton, Mike Land and Guillermo Monge of Land Interests in Irvine, CA, represented Paladin Asset Preservation exclusively in the transactions. The 10 California properties collateralized a portion of a $200 million dollar credit facility syndicated under the lead of Wachovia Bank. 

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