Al Rattan, President of Continental East Trading (Truong Pham, Chairman), reports that the company is still interested in the Inland Empire. Continental East has already acquired three deals this year and continues to look for opportunities in Corona, Chino, Rancho Cucamonga or Fontana.
We previously reported Continental East acquiring 108 paper lots in Menifee from RC [...]

A joint venture between Foremost Land (Steve Cameron, President) and Starwood Capital has acquired a number of finished lots from an LLC formed by GMAC Finance.  The lots are located in Fontana and are known as Rosena Ranch.  The deal recorded on June 9, 2009 and was rumored to be for around $20,000/lot.  It has [...]