Lansing Companies Acquires Third Major Project from D.R. Horton

  Lansing Companies Acquires Third Major Project from D.R. Horton

Business Wire

SAN DIEGO, Calif. -- March 13, 2013

Lansing Companies has announced the acquisition of the Villages of San
Jacinto, a fully entitled master planned community located in the Inland
Empire, from public home builder D.R. Horton. The project consists of 1300
units on 475 acres, and includes plans for a new high school and large
community park, as well as mixed-use and commercial development. This is the
third major project Lansing has acquired from the public home builder.

Lansing Companies is a privately owned real estate investment and development
company with over 30 years of experience in land acquisition and development
in California. Known throughout the industry for its continued financial
stability in today’s troubled market, the company’s portfolio has included
more than 20,000 residential lots and 30,000 acres in various stages of
development. Current projects include the 2,000 unit master planned community
of Skyborne, located in the Coachella Valley, as well as a venture with Pulte
Homes on their successful 2,600 unit Rancho Diamante DelWebb project, located
in the city of Hemet. More information can be found online at
www.lansingcompanies.com.

Contact:

Lansing Companies
Liz Watkinson, 858-523-0719
lwatkinson@lansingcompanies.com