• FKC had long been a residential developer, but it shifted to commercial real estate and other projects when housing fell apart in the U.S., including its home turf of California's Inland Empire (Riverside and San Bernadino counties). Now, as Kraemer Land. Co., it is going back to its residential tradition.
• The company, privately held, has formed a partnership with CenterStone Communities from Santa Ana to pursue a project on 19.4 acres in Fontana.
• Brett Albrecht, managing director, said the market can expect more Kraemer purchases with a focus on coastal communities and places it considers unusually good prospects in the Inland Empire.

From the article:

During the recession FKC Properties hunkered down in the business of commercial real estate and income-producing properties. But now the company is moving out of the bunker with a new name, Kraemer Land Company, and a new business plan: return to its residential development roots. ...