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LAND ACQUISITION

Since 1985, Jackson Land Corporation and affiliated entities have been purchasing value added opportunities in raw or partially entitled residential land and lender owned properties (REO). A sample of some of our transactions:
  • 1,000+ acres in Northern California purchased from Traveler's Insurance as part of a 1031 Tax deferred exchange
  • 400+ acres in Stanislaus County and construction of a dairy used to trade for 99 lots in the Inland Empire
  • 91 finished residential lots and 5 partially completed models purchased from a California bank owned by a Canadian bank in receivership that acquired the asset as an REO
  • Purchase of commercial office building from a California regional bank that had acquired the asset in foreclosure, and purchase of underlying ground lease from the Irvine Company
  • Purchase of over 50 one-acre residential lots involved in a bankruptcy and foreclosure
  • Purchase of a distressed infill property with expired entitlements from foreclosing Japanese bank
  • Purchase of balance of a foreclosed condominium townhome complex from a small regional bank
  • 35 finished lots and 4 models purchased from a bank holding company as REO
  • Purchase of surplus school district property
  • Superpad purchase of 106 lots in master planned community
  • 64 lots purchased from a private investment group
  • Probate purchased property
  • Purchase of uncompleted foreclosed townhome complex from a large California commercial bank
  • For Acquisition samples click here
REO (Real Estate Owned) activities include properties purchased from these lenders:
Bank of America
Beverly Hills Savings
Cal Fed
Charter Savings and Loan
Commercial Center Bank
Commercial Credit Thrift
Community American Mortgage
Countrywide Funding
East-West Bank
Fannie Mae - FNMA
Great Western Bank
Kissell Company
Mitsui
National Home Equity
Seafirst Mortgage
Sunwest Bank
Traveler's Insurance
World Savings
If you have property that fits our needs (currently interested in purchasing value-added Subdivisions and/or Apartments in the 20 to 50 unit range in California) please contact us.
 
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