Woodbridge Pacific Group Continues Expansion

MISSION VIEJO, CA—Orange County-based homebuilder/developer Woodbridge Pacific Group is expanding and diversifying, boosted by a commitment of up to $200 million in equity capital by its established financial partner, a private equity firm based in New York. Woodbridge (WPG) will utilize this support to implement four new projects slated for 2015-2016, and for new opportunities it is pursuing in prime California markets.

The funding agreement provides for a multi-project business platform, which WPG will utilize for real property acquisitions, land planning, entitlement activities, property sales and/or residential construction and home sales. The platform strengthens WPG’s ability to pursue favorable opportunities in multiple real estate markets.