"Residents sat in traffic as they sought to escape January's Palisades Fire, with many abandoning vehicles that were later bulldozed to clear the road. Driving through the Palisades is different now. The community, which Marguleas estimated saw about 5,900 homes damaged or destroyed by the fire, has had debris cleared from most lots as the wood frames of new construction begin to emerge."
"Since January, Marguleas' attention has crisscrossed land listings and sales (he's sold or is in escrow on 28 deals in the past eight-and-a-half months), educating owners and buyers (40 percent of land deals are falling out of escrow due to lack of understanding around financing or construction), consulting with builders, launching the 1Pali community-building group and dispelling misinformation flooding the market."
Eight months after the January Palisades Fire, one of the three main access routes is cleared and traffic has returned, signaling progress. Approximately 5,900 homes were damaged or destroyed; lots have been cleared and wood frames of new construction are appearing. Many residents abandoned vehicles during evacuation, and some cars were bulldozed to reopen roads. Anthony Marguleas evacuated unharmed but lost his Alphabet Streets home and describes pervasive PTSD. Since January he has handled numerous land listings and sales, noted about 40 percent of land deals fall out of escrow over financing and construction misunderstandings, and launched a community rebuild group.
Read at therealdeal.com
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