American Property Enterprises negotiated the July 2009 acquisition of a 35 acre unimproved site near Menifee, California.  Known as Copper Skye Townhomes, the site has tentative map entitlements for 378 townhomes. The property was acquired by an investment group in which American Property Enterprises’ principals are significant investors. The purchase from Bank of America was [...]

An LLC formed by investor Truong Pham of Santa Ana has acquired 108 lots in Menifee.  The lots are located south of Simpson Road and east of Lindenberger Road in Menifee.  The Seller of the property was an entity formed by RC Hobbs.  Recorded information shows that the deal closed on June 25, 2009.  The [...]

5/19/09
The Shopoff Properties Trust (Shopoff Group) acquired 543 paper lots on 236 acres from U.S. Bank in a deal that closed 5/19/09.  The property is north of McCall and east of I-215 in Menifee.  U.S. Bank had acquired the property as part of its acquisition of the assets of Downey Savings and Loan.  Recorded information [...]