Torrance, CA – November 6, 2012 – (RealEstateRama) — Charlotte-based Mountain Real Estate Capital, LLC (Mountain) announces the acquisition of a significant portion of remaining land portfolio assets from Forest City Land Group. This includes master planned communities across the country totaling approximately 1,200 residential lots. The projects include a mix of finished lots, partially finished lots and undeveloped land for residential and commercial development. The terms of the transaction were not disclosed.
RealEstateRama Mountain Real Estate Capital Acquires Forest City’s Land Portfolio