![]() | (949) 748-6714 2151
Michelson Drive, Suite 190 |
Who
We Are
FOREMOST COMMUNITIES INC. Foremost Communities, Inc. is a premier land development company established to acquire property in strategic locations that can be entitled and developed into finished lots for sale to merchant homebuilders. Foremost has entered into a joint venture with a controlled affiliate of Starwood Capital Group Global, LLC, to create Forestar Land Partners, LLC. As the sole financial partner, Starwood is providing an initial $100 million of equity that with modest leverage will provide the venture with the purchasing power of at least $250 million. Foremost holds a general contractor’s license and will serve as the development manager for the projects. Properties in Southern California from San Diego to Bakersfield, from the coast to the Inland Empire, are the primary interests of Forestar Land Partners. The partnership is seeking raw land, brownfields or urban redevelopment opportunities at any stage of the entitlement process that can eventually accommodate anywhere from 200 lots to large master plan communities. Forestar’s
plan is to develop communities for single-family or multi-family
homes that may include commercial elements. It will complete the
entitlements, develop the infrastructure and sell finished lots
to builders. |