KeyBank Offers REO Portfolio in High Desert

An LLC controlled by KeyBank has selected Randy Coe, Michel Faris, and Winn Galloway of Park Place Land Advisors to market a multiple property portfolio in the Victor Valley.  The portfolio consists of a mix of finished lots and final mapped lots in Hesperia, Victorville and Adelanto.  The REO portfolio consists of broken builder loans [...]

Royal Investors Acquires Adelanto Subdivision

Royal Investors Group (Jim Goltche, Ebby Shakib, Members) acquired 107 finished lots and six units of standing inventory/model homes from Vineyard Bank prior to the Bank’s failure.  The project is located on HWY 18 in Adelanto.
Royal has been extremely active in the vulture market, having closed deals in the Antelope Valley, Victor Valley, and lower [...]