Despite its dropping sales, over the last nine months, the homebuilder increased its number of sites it was selling on by 24%.
The homebuilder sells its homes in California, Arizona and Nevada.
Real estate firm makes multimillion-dollar deal
Newport Beach-based Buchanan Street Partners just helped push through a $23-million deal for Pacifica Real Estate Group and Investcorp, which were selling two Long Beach buildings.
The 124,361-square-foot property near the Long Beach airport was sold to Legacy Partners in Foster City and are considered a class A project. They are 98% occupied by companies, including Verizon and the Federal Aviation Administration. Pacifica Real Estate Group is headquartered in Santa Barbara, but has an office in Newport Beach. Investcorp is headquartered in New York.
Celebrities coin phrases for charity
South Coast Plaza's Replay is auctioning off its Celebri-Tease Shirts beginning Nov. 21 through Dec. 8 to raise money for Homeless Health Care Los Angeles.
The New York-based Italian brand got celebrities such as Al Pacino, Paris Hilton, William Shatner and Jeremy Piven to put their thoughts on a T-shirt canvas. Each celeb also signed the shirts. Hilton's "That's Hott" and Shatner's "Just Give," among others, show up on the T-shirts. The shirts are available on www.charityfolks.com through Dec. 8.
Nursery director designing ornaments
Roger's Gardens creative director Eric Cortina introduced his Christmas ornament designs to the international community last week.
His designs were previously available at only Roger's Gardens, but now his handmade glass ornaments will be going to boutiques such as Bergdorf Goodman, Henri Bendel and Fortnum & Mason in London.
