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Lennar-Backed JV Buys Irvine Campus - Orange County Business Journal

Summary by ocbj.com
A 25-acre office campus in the Irvine Business Complex that city leaders once conditionally offered to buy for more than $300 million to ensure housing would be built there has been sold, marking the next chapter in the site’s transformation from aging offices to a future residential ­neighborhood. TPG Angelo Gordon and Essential Housing Asset Management, an affiliate of home developer Lennar, purchased the former Von Karman Creative Campus, or …
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ocbj.com broke the news in on Monday, February 16, 2026.
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