Low enrollment at West Creek Elementary delays school opening for at least a year. West Creek Elementary School, which is connected to Lennar’s West Creek and West Hills developments in Valencia, will not open this year as planned. The school is expected to open in 2010 instead. Saugus Union School District officials have elected to [...]
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Lennar to Buy Back Newhall Ranch Property
March 20, 2009
Lennar is negotiating with creditors to buy back Newhall Ranch land at a discount from its bankrupt Landsource venture. Lennar and its Landsource venture are apparently working on a deal with Landsource’s creditors to buy back the Newhall Ranch property just west of Valencia in the Santa Clarita Valley. This deal would create a new company comprised of [...]
Builder Incentives “Required Use” Rule Change Delayed
January 25, 2009
New “required use” rule would prevent home builders from offering incentives or discounts to buyers that use the builder’s designated lenders. Home builders have been providing “incentives” for homebuyers for a long time now, with buyers typically getting allowances for rate buy-downs, flooring and other upgrades as part of their new home purchase package, as long [...]
Homebuilders to Standardize Features and Build Smaller Homes to Increase Profits
October 12, 2008
Builders cut home sizes and building costs in hopes of selling more homes and increasing their bottom line. KB Home has announced plans to introduce smaller homes with simplified designs in an effort to attract first-time homebuyers and to increase their sagging bottom line. Gone are the McMansions of a few years ago, to be replaced [...]
Newhall Land (Lennar) Files Bankruptcy
June 9, 2008
LandSource and certain subsidiaries, including Newhall Land and Lennar, have filed for Chapter 11 bankruptcy protection.
Lennar Offers New Incentives for Santa Clarita Home Buyers
May 29, 2008
Lennar’s Santa Clarita developments in West Creek, West Hills and RiverVillage offering new incentives.
Santa Clarita’s Memorial Day Real Estate Deals
May 26, 2008
Looking for a deal on a new home? Today’s the day!
Lennar Announces Plans to Build More Solar Homes in Santa Clarita
May 3, 2008
RiverVillage in Valencia to Feature Classic and Vintage Luxury Solar Homes
Lennar About-Faces Again: SOLARplus WILL Still be Offered for Patina Homes at West Creek Valencia
January 21, 2008
Miscommunication between Lennar’s offices prompts temporary removal of SOLARplus offerings at Patina at West Creek Valencia.
Lennar Cancels (and Then Reinstates) SOLARplus Homes at West Creek Valencia
January 18, 2008
Lennar about-faces on its SOLARplus homes, cancelling all but one phase and then reinstating them a few days later.

April 26, 2009
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