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Since 1985, Jackson Land Corporation and affiliated entities have been purchasing value added opportunities in raw or partially entitled residential land and lender owned properties (REO). A sample of some of our transactions:
  • 1,000+ acres in Northern California purchased from Traveler's Insurance as part of a 1031 Tax deferred exchange
  • 400+ acres in Stanislaus County and construction of a dairy used to trade for 99 lots in the Inland Empire
  • 91 finished residential lots and 5 partially completed models purchased from a California bank owned by a Canadian bank in receivership that acquired the asset as an REO
  • Purchase of commercial office building from a California regional bank that had acquired the asset in foreclosure, and purchase of underlying ground lease from the Irvine Company
  • Purchase of over 50 one-acre residential lots involved in a bankruptcy and foreclosure
  • Purchase of a distressed infill property with expired entitlements from foreclosing Japanese bank
  • Purchase of balance of a foreclosed condominium townhome complex from a small regional bank
  • 35 finished lots and 4 models purchased from a bank holding company as REO
  • Purchase of surplus school district property
  • Superpad purchase of 106 lots in master planned community
  • 64 lots purchased from a private investment group
  • Probate purchased property
  • Purchase of uncompleted foreclosed townhome complex from a large California commercial bank
  • For Acquisition samples click here
REO (Real Estate Owned) activities include properties purchased from these lenders:
Bank of America
Beverly Hills Savings
Cal Fed
Charter Savings and Loan
Commercial Center Bank
Commercial Credit Thrift
Community American Mortgage
Countrywide Funding
East-West Bank
Fannie Mae - FNMA
Great Western Bank
Kissell Company
National Home Equity
Seafirst Mortgage
Sunwest Bank
Traveler's Insurance
World Savings
If you have property that fits our needs (currently interested in purchasing value-added Subdivisions and/or Apartments in the 20 to 50 unit range in California) please contact us.
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