For all the talk of housing shortages, watch for stealth companies that bought distressed property at rock-bottom prices to put their holdings back on the marketplace in 2015.
One sign of heightened activity is at our doorstep.
Mana Investments Inc., a Carlsbad firm that picked up more than 2,700 lots in various stages of development in California in the downturn, revealed plans recently to sell some of its land holdings.
Calson Management Buys Development Parcel for 128-Unit Seniors Housing Community in Livermore, California
Hunter Street and Mana Investments Complete Sale of Land at The Well at Sunset for Senior Housing Complex Project
Mana Investments, Hunter Street Partners Plan 128-Unit Community in Livermore, California
Long-vacant Livermore office park gets revamp, senior housing in the works
Mixed-Use Project in Livermore ‘The Well at Sunset’ Receives Approval to Develop 128-Unit Senior Housing Facility