santa barbara project: The Irvine Company Took a Risk - 04/11/10 08:06 AM
The Irvine Company took a riskand it paied off very well.  If you will recall the Irvine Company too the risk of funding the projects and paying the builder to build the homes.  It worked out well, so well they are now going to build 125 more homes.
The Irvine Company sold the homes in new neighborhoods in Irvine's Woodbury.  Now it will launch a new 125 homes.
California Pacific Homes controlled by the Irvine Company will build the Santa Barbara project of townhomes this is another time where they will take a risk on the market.
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