Newhall Ld and Farming News

The Newhall Land and Farming Co. and 20 other debtors listed in a bankruptcy petition filed earlier this month by LandSource Communities Development LLC are settling in for a long court case.

Del. firm that owns developer appears in bankruptcy court LandSource's debtors LandSource submitted its Chapter 11 bankruptcy petition listing 20 affiliated debtors: LandSource Communities Development LLC ...

LandSource Communities Development LLC, a real estate partnership involving the nation's largest public employees pension fund, has filed for Chapter 11 bankruptcy protection.

LandSource Communities Development LLC, a large Californian property developer backed by Calpers, the biggest public U.S. pension fund, said on Sunday it had filed for bankruptcy protection.

“The owners of our company ... are still in discussions.”

Despite speculation throughout the financial community that the Newhall Land and Farming Co.'s owner is on the verge of bankruptcy, officials with the Valencia builder remained tight-lipped this week. via The Signal

“LandSource's assets enjoy very substantial long term value”

Newhall Land & Farming not locally owned anymore It now belongs to LandSource Communities Development. via The Signal

“This is truly an exciting time for the Santa Clarita Valley Youth Project”

The board of directors of the Santa Clarita Valley Youth Project has elected new members for the local nonprofit group's executive committee. via The Signal

Lennar Corporation, one of the nation's largest homebuilders and partial owner of The Newhall Land and Farming Co., reported a first quarter net loss of $88.2 million, or 56 cents per diluted share, on ... via The Signal

“Lennar is a 16 percent owner of Newhall Land, so any comments about Lennar investor issues have to come from their corporate offices.”

Contrary to reports in a Los Angeles business newspaper, no firm from the Middle East is buying development giant Lennar Corp., the company's vice president told The Signal on Wednesday. via The Signal

“When we say that it will be built over the next 20 years or so, we are also building 20,000 new jobs - a job for every house.”

The Los Angeles City Council took a stand against Newhall Ranch on Tuesday, claiming the 21,000-home development planned along Highway 126 west of Interstate 5 will hurt the city of Los Angeles. via The Signal

“This is another validation that our Environmental Impact Reports are very well researched, analyzed and thought out”

Newhall Land and Farming Co. has long been the target of environmental groups who took the land developer to court on numerous construction projects. via The Signal

Newhall Ranch, which will add an estimated 21,000 homes to the Santa Clarita Valley, will not use one drop of State Water Project water, a spokeswoman for The Newhall Land and Farming Co. via The Signal

“We fought anti-growth activists for 12 years over Newhall Ranch, and now that we've won, we're ready for the next exciting chapter in our company's impressive history”

With Los Angeles County approval of the first phase of the Newhall Ranch project in the bag, The Newhall Land and Farming Co. via The Signal

“We are going to bank that water in aquifers in our area”

After 12 years of litigation and protests, the Los Angeles County Regional Planning Commission on Wednesday unanimously approved a tentative tract map for the first of four "villages" in the massive, ... via LA Daily News

I hope you've stayed warm and dry, as well! Wayne Crawford - Man of the Hour in 2008 It seems that Wayne Crawford will be very busy being roasted, toasted and honored as he lends his name to several important ... via The Signal

The first phase of the massive 21,000-home Newhall Ranch project, Landmark Village, is set for a final review next week by the county Regional Planning Commission. via LA Daily News

“I hope I'd have the time to yell 'Valhalla' and, for a second thing, I'm sorry. But when exactly did we change the Constitution to create government as Mom?”

"A rat crept softly through the vegetation/ Dragging its slimy belly on the bank/ While I was fishing in the dull canal/ On a winter evening round behind the gashouse/ Musing upon the king my brother's wreck/ ... via The Signal

“In nearly three years, I've never felt so good.”

We arrive at all hours of the day and night - from the heart of Santa Clarita to points nearly 50 miles beyond. via The Signal

Facing a slump in the housing market, the Newhall Land and Farming Co. has terminated employees at its Valencia offices. via The Signal

Vioxx Settlement * The $4.85 billion Merck Vioxx settlement had its roots in Santa Clarita seven years ago, when a local attorney filed a complaint on behalf of "an insider." Newhall Land Layoffs * The Newhall ... via The Signal