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Shea makes a play for retirees with Rice Ranch project purchase

By   /   Friday, March 15th, 2013  /   Comments Off on Shea makes a play for retirees with Rice Ranch project purchase

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Shea Homes has purchased the 700-home Rice Ranch development in Orcutt in a move to sell more new houses to baby boomers. Walnut-based Shea Homes is the largest privately owned new home builder in the U.S. The company  also owns the 1,300-home  Trilogy at Monarch Dunes project in Nipomo and several of the RiverPark residential…

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Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr