CityView Olive Grove
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Olive Grove

Sylmar, California
30 Single Family Homes

Challenge

Negotiate the purchase of a distressed bank loan and quickly reinvigorate, complete, sell and close a partially completed foreclosed subdivision.

Vision

Adopt a proactive marketing campaign touting the builder teamís experience and stability while maintaining sales prices comparable to distressed sales of existing homes in the area.

Results

Within weeks of purchasing the loan, CityView, along with Lee Homes, an established local builder with knowledge of the product, area and buyer profile, completed the homes and quickly sold them at prices which equate to monthly payments below rental rates in the area.
CityView Olive Grove