CalPERS

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Arizona Land Sells at a 92% Discount

Last month, a 10,200-acre parcel outside of Maricopa, Ariz., sold for pennies on the dollar. More

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Investors Step in for Banks to Meet Builders' Financial Needs Investors Step in for Banks to Meet Builders' Financial Needs

Is non-bank financing the “new normal”? More builders rely on private capital to stay alive and grow. More

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LandSource Reorganization Plan Ready for Creditor Vote

The company's unsecured creditors still oppose the plan that would put most of the reorganized company in the hands of its largest creditor. More

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Bankruptcy Judge Gives LandSource Permission to Sell Land

Sale would not include any of company's prized Newhall Land and Farming assets. More

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