The 330 Land Company is a private real estate development company and advisory firm focused on the design and entitlement of for-sale, residential communities in California. We deliver superior risk-adjusted returns to our partners, clients, and investors through unparalleled expertise in the for-sale land market by navigating one of the most complex regulatory environments in the world.
Residential for-sale product is far more complex and diverse than any other asset class. We maximize land value through analyzing density, product type, and project risk in correlation with real time costs, market knowledge, and builder sentiment.
The California State Legislature has created powerful but complex housing laws to address the housing crisis. We understand how to effectively wield these tools to streamline the entitlement and permitting process.
Due to our long experience working with homebuilders as employees, advisors, land buyers, and/or land sellers, we know how homebuilders underwrite land, and we know how to navigate their respective investment hurdles and risk mitigation requirements.
The entitlement of land is our core focus because it is how we generate the greatest returns to our investors and partners. We can navigate any urban jurisdiction in California in addition to special districts and other state and federal agencies.
Moving dirt and building infrastructure poses the greatest financial risk to any project that can only be mitigated with years of direct experience. Our principals have been directly responsible for projects with complicated infrastructure hurdles, and we are actively managing the construction of infrastructure for master planned communities.
Our principals not only have years of experience working at publicly traded homebuilding companies, they have also built a homebuilding company from the ground up. We are actively building for-sale and for-rent communities.
* Includes projects completed while employed at other firms.
Unlike most development companies, we want to offer our advisory and consulting services because we believe in building relationships over time through delivering sound advice.
We contribute the entitlement work and capital alongside the owner and share in the value created.
We take an option, carry the approvals at our cost and risk, and close at a pre-determined strike price.
We buy the land outright and take the entitlement and market risk from the day we close.
We run the project where an owner has the time and funds to complete entitlements, but lacks the expertise to build a team and execute on a strategy.
Selling land is much more complicated and much longer process than selling a home or a commercial property.
330 Land partners with land owners whose goal is to add significant value through securing residential development approvals but do not have the experience or skill set to effectively manage the design and entitlement process of a for-sale residential subdivision.
Entitling a “simple” project still requires substantial capital. 330 Land will finance entitlement costs because we have confidence that our strategy and management of the consultant team will generate a significant return on our investment.
The principals of 330 Land have been involved in the sale of over $2 billion in for-sale residential real estate. With such deep experience, we negotiate a disposition structure that maximizes land value based upon the land owner’s risk tolerance and financial goals.
For inquiries, please reach out to
Eric Higuchi
Principal
16381 Scientific Way
Irvine, CA 92618
Olive Crest opened the Swenson Family Foundation Campus in Santa Ana on September 1 — two new apartment buildings for young people aging out of foster care, alongside an expanded children and family resource center. 330 Land Company entitled the project.
Lead principal · Eric Higuchi on LinkedIn ↗The commission voted 3–1 to recommend approval of Arroyo Lago — 189 single-family homes plus 48 deed-restricted junior ADUs on unincorporated land east of Valley Avenue — advancing the project toward annexation and City Council review. 330 Land Company is the applicant.
Lead principal · Steve Reilly on LinkedIn ↗Meritage Homes paid $14 million for 95 Argonaut in Aliso Viejo — 2.8 acres of office re-entitled for 61 three-story townhomes, three of them affordable. Approval landed five months before the sale closed, and the land traded at $229,500 per approved unit. 330 Land Company facilitated the transaction.
Lead principal · Eric Higuchi on LinkedIn ↗Nick joins host Ryan Glick to talk through how a large master plan changes across a development cycle — infrastructure carried up front, amenity programs that have to move with the market, and the line between risk you can manage and risk that ends a project.
Episode 159 · 36 min · Nick Arenson on LinkedIn ↗330 Land Company came in as the new development team on a 14-year effort to redevelop a former Windsor mobile home park, replacing a stalled 387-unit apartment and townhouse plan with The Cottages at Vintage Oaks — 125 detached homes on small lots across 18.4 acres at 9290 Old Redwood Highway, 28 of them carrying integrated second units for very-low-income households.
Lead principals · Eric Higuchi ↗ · Nick Arenson ↗ · Steve Reilly ↗330 Land Company filed plans for 35 homes and nine accessory dwelling units on 61 acres at 1501 Lucas Valley Road, north of San Rafael in unincorporated Marin County. The site was rezoned for housing under the county’s housing element, and the application seeks a density bonus in exchange for affordable units.
Lead principal · Steve Reilly on LinkedIn ↗The San Ramon Planning Commission took up Windflower Fields — 47 for-sale townhomes and 16 accessory dwelling units on roughly 3.5 acres at 2701 Hooper Drive, the Golden Skate roller rink site. SB 330 caps the review at four hearings; this was the third. 330 Land Company managed the entitlement and sale of the project.
Lead principal · Steve Reilly on LinkedIn ↗