Coto reports record-setting year with $90 million in land sales.RANCHO ran·cho n. pl. ran·chos Southwestern U.S. 1. A hut or group of huts for housing ranch workers. 2. A ranch. SANTA MARGARITA Santa Margarita ("Saint Margaret") may refer to:
n. The end of a year. adj. Occurring or done at the end of the year: a year-end audit. Noun 1. 1994 to record the largest single-year volume of real estate sales in the history of the community. The land sales totaled more than $90 million, which included more than 1,200 units to seven major Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, homebuilders and the sale of the Coto de Caza Golf & Racquet Club to Club Corp. of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. . -0- Land sales/units were broken down as follows: Kaufman & Broad 535 SFD J.M. Peters Co. 58 SFD Greystone Homes 82 SFD Monarch Communities 94 SFD Christopher Homes 90 SFD Barratt 104 TH Greystone Homes 61 TH Western Pacific 205 CNDOM TOTAL 1229 "This represents a major milestone for the private residential and recreational community of Coto de Caza," stated Tom Martin, vice president of marketing and sales for Coto. "Based on our recent new home and land sale successes, we are very excited about the future of Coto and residential housing in south Orange County." Coto has also announced that an additional five new land parcels, representing more than 400 units, will be available to builders by the spring of 1995. CONTACT: Coto de Caza Ltd. Tom Martin, 714/589-2900 |
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