PLC’s broad spectrum of projects is produced by the timely, decisive matching of PLC’s well-financed development capabilities with outstanding real estate opportunities.
From its Newport Center headquarters in Newport Beach, Southern California-based PLC is a group of four companies involved in the entitlement, development and management of medium to large scale, raw-land real estate assets, pooling capital with a select mix of investor partners.
PLC was formed in 1996 as a result of acquiring the land portfolio of Chevron Corporation and its affiliates. This acquisition, in excess of $120 million, including over 3,500 residential lots and a championship golf course on more than 1,500 acres located in two major Southern California market areas, and over 11,000 acres of ranch land. Since the Chevron acquisition in 1996 PLC has continued to develop additional master-planned communities in Southern California and is currently a partner in the development of the Rosedale master-planned community in the city of Azusa which, when completed will consist of more than 1,200 homes and condominiums.
Well experienced in the joint-venture process, PLC is adept in effectively pooling its capital with the right mix of investor partners for each project. All partnerships are managed to achieve maximum return on investment via the strength of the appropriate combination of resources. The result is an impressive and steadily growing portfolio of some of the nation’s finest and most successful developments.
PLC CHRISTOPHER HOMES builds, markets and sells new-home neighborhoods ranging from entry level to luxury move-up, throughout Southern California under the Christopher Homes name.
PLC APARTMENTS focuses strictly on high quality assets, whether the properties are company developed or purchased.
PLC ARABIA (PLCA) is a real estate development company based in Khobar, Saudi Arabia, with offices in Newport Beach, California. PLCA specializes in residential master-planned communities and mixed-use projects.