News

Landmark Links March 21st – Wrong Way

  Lead Story…. As mentioned last week, LA’s Measure S crashed and burned in an epic ballot box beating, with more than 70% of voters opposing it.  While it’s good to see NIMBYs get spanked at the ballot box (they rarely do in California), all this really does is preserve the status quo – and the […]

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Landmark Links March 17th – What’s Going on Here?

  Lead Story… Back in mid-December I noted in a post titled Liftoff that the NAHB Housing Market Index had soared to it’s highest level since 2005 despite steadily rising interest rates.  That post also had a chart from Numbernomics.com that showed how builder confidence had de-coupled from it’s historical relationship with housing starts: I want to […]

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Landmark Obtains Financing For Second RC Hobbs Community

Landmark Capital Advisors, Newport Beach, on Tuesday announced a successful $9.5 million AD&C loan and JV Equity transaction in Riverside, Ca. on behalf of home builder RC Hobbs Company, the second such deal between the parities in recent weeks. Landmark raised both the debt and the JV Equity to buy, develop, and construct 36 townhome […]

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Landmark Links March 14th – Fight For Your Right

  Lead Story…  I guess that this is what getting old feels like.  The Skyrocketing level of student debt is one of the most substantial headwinds facing the US economy in general and the housing market in particular.  More and more young people are living at home after college, unable to afford their own place.  This […]

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Landmark Links March 10th – Misunderstood

  Lead Story… The attitudes of Millennials towards housing are written about endlessly but are chronically misunderstood for a handful of reasons.  Among those reasons are: The Millennial generation is the largest generation in American history.  As such, it is extremely diverse and does not fall neatly into a one-size-fits-all stereotype. Most media outlets are based in and […]

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Kidder Named President of Land Advisors Calif. Division

Land Advisors Organization, Irvine, Calif., has appointed David Kidder as president of its California Division. In his role, Kidder will oversee all aspects of the business, including strategic leadership of the firm’s operations and continued growth of its affiliated companies. Kidder currently serves as president of Landmark Capital, an LAO-CA affiliated company disciplined in finance and private […]

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Landmark Links March 7th – The World Needs Ditch Diggers Too

  Lead Story… Early in the classic American comedy Caddyshack (possibly the finest film ever made, IMHO) protagonist Danny Noonan is caddying for Judge Elihu Smails in order to try to brown nose his way to an inside track for the Bushwood Country Club Caddy Scholarship.  Noonan tells the judge that he wants to attend college but his family […]

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A Case of Itemizing Impact Fees In New-Home Prices

Perhaps if home buyers saw what they were paying to government, they might seek to oust the politicos responsible. By Adam Deermount The first step in solving a problem is admitting there is a problem to begin with. If you are in the residential real estate development industry in California, you are likely well aware […]

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