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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (23411)2/12/2005 2:27:10 PM
From: ild  Read Replies (1) of 116555
 
How's that: $125 million for 80 acres (800 homes)?

Lennar Corp. — one of the nation's largest homebuilders, with projects in Orange County — announced Wednesday that it was bidding on all four parcels. The company won after placing minimum bids of $125 million and $60 million on two of the parcels totaling 1,100 acres.
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Parcel 1 has 80 acres dedicated for 800 homes


latimes.com
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