Search
 

Non-Recourse $100M Land Transaction Closes

LAKE FOREST, CA—GlobeSt.com learns EXCLUSIVELY that Landmark Capital Advisors has completed a refinancing and development loan for a 626-home community on a 95.5-acre site here.

By Carrie Rossenfeld | Updated on September 22, 2015

LAKE FOREST, CA—GlobeSt.com has learned exclusively that Landmark Capital Advisors has completed a $100-million refinancing and development loan for Portola Center South, a 626-home community on a 95.5-acre site here. The firm completed the complex transaction on behalf of SunRanch Capital Partners, a partnership between Sunrise Co. and Baldwin and Sons, two private residential community development companies based in the Western US.

Landmark secured senior debt through a bank lender with the intent of providing capital to improve the site and deliver lots to builders in a blue-topped condition. The team representing the client was composed of Landmark’s managing director Adam Deermount and senior advisor Terry Ruckle.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.