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California  + Inland Empire  | 

Pasadena Builder Buys 3,052 Residential Lots in Calimesa

JPMB Investments, a Pasadena-based builder, acquired an unfinished development site in Calimesa that encompasses 3,052 approved home sites. The undeveloped parcels are within the 2,590-acre Summerwind Trails master-planned community that had been held by Irvine-based SunCal.

SunCal acquired the property in 2011 from Lehman Brothers’ bankruptcy sale and began selling lots in early 2018. So far, 600 homes have been built and sold by several homebuilders. Site grading is expected to commence early next year for the next phase, with finished lots available by the end of 2022.

Competition has heated up for land in the Inland Empire’s I-10 corridor between Calimesa and Beaumont. The area offers affordability and larger homes, which have found favor during pandemic times. Companies’ decentralized work strategies and remote work practices give employees the option to live farther away from an office.

Land Advisors Organization’s Mac O’Donnell, Terry Ruckle, Christopher Shiota, Doug Jorritsma and Ian Sinderhoff represented the seller.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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