Daily Business Report: Dec. 14, 2023: San Diego’s Presidio Residential Capital in Porterville development



Joint venture partners San Joaquin Valley Homes and San Diego’s Presidio Residential Capital have closed on a parcel of land in Northwest Porterville, to build two distinct communities: Brookside and Laurelwood consisting of a total of 228 single-family homes. The new communities are located at the northeast corner of Westwood/Westfield. Model construction is slated to begin in spring 2024 and the first homes will be released for sale in summer 2024.