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Posts Tagged ‘news releases’
August 12th, 2024
SAN FRANCISCO – The Roxborough Group, a real estate private equity firm headquartered in San Francisco with investments across the Western United States, announces the opening of Connections Health Solutions at its Kirkland 405 Corporate Center campus. Operating under a long-term, full-building lease, Connections Health Solutions will operate the first mental health crisis center in King County, Washington, providing on-demand behavioral health services to residents from across the county. (more…)
June 15th, 2022
VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital are pleased to announce they recently closed on land in northeast Visalia, Calif., in Tulare County, where they plan to construct 138 single family, detached homes in a new community named Maplewood. Construction is slated to begin late 2022 with model homes available spring 2023.
“We love to build homes in Visalia,” said Lana Fahoum, sales manager at SJV Homes. “Many of our staff live and work here, so we’re excited to share this wonderful community with new homeowners from families just starting out to retiring couples who wish to downsize.”
Located off East Goshen Avenue and west of Lovers Lane, Maplewood will feature homes ranging in size from 1,298 to 2,076 square feet. The minimum lot size is 5,000 square feet, but some lots will be oversized and/or situated on spacious corners or traffic friendly cul de sacs.
Maplewood is a one- and two-story neighborhood with Modern Cottage, Craftsman and Farmhouse styled exteriors, each with a covered front porch and covered back patio. Homes will have three to four bedrooms and two to 2.5 bathrooms with attached two-car garages. The open plan interiors boast great rooms with adjoining kitchens, some with dining rooms. Select kitchens feature center islands with snack bars, granite countertops and Whirlpool® stainless steel appliances. Owner’s suites have large closets – most with walk-in – and adjoining baths. The two-story plans include a loft, and the largest floor plan has the option of a small office. Each home has an indoor laundry room with some conveniently located on the second level. A wide variety of design options and upgraded features are available including colors and styles of flooring, countertops, cabinets and appliances.
Students can attend Mineral King Elementary School, Valley Oak Intermediate School and Golden West High School, all part of the Visalia Unified School District.
Visalia is the fifth largest city in the San Joaquin Valley, and its economy is driven by agriculture (especially grapes, olives, cotton, citrus and nursery products), livestock and distribution and manufacturing facilities. Maplewood is close to downtown Visalia and about eight miles east of State Route 99, a major transportation corridor. Abundant retail, entertainment and services are nearby.
SJV Homes, in partnership with Presidio Residential Capital, a San Diego-based real estate development management company, has now developed more than 35 joint venture projects in the Central Valley.
According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 138 single-family homes will generate $39 million in local income, $5 million in taxes and other revenue for local governments and 543 local jobs.
About San Joaquin Valley Homes
San Joaquin Valley Homes (SJV Homes) is a local homebuilder with deep roots in and a strong commitment to the Central Valley. Founders Joe Leal, Jim Robinson and Randy Merrill share a vision to build quality new homes in carefully planned neighborhoods for people who love the Valley and want lasting value. In 2013, SJV Homes combined forces with Presidio Residential Capital, a real estate development management firm in San Diego. It has since closed more than 2,500 homes and is now one of the busiest homebuilders in the San Joaquin Valley. For more information, please visit www.sjvhomes.com.
About Presidio Residential Capital
Presidio Residential Capital is a real estate development management company focused on the residential housing sector. Headquartered in San Diego, California, the firm provides capital in the form of joint ventures for the development and build-out of for-sale residential projects throughout the Western United States. Presidio has infused more than $1.5 billion into the economy to capitalize the housing industry. The firm’s goal is to invest in excess of $100 million in capital for home-building projects in the Western United States in the next 12 months. It targets builders in Arizona, California, Nevada, Washington, Idaho, Colorado and Utah with current committed capital of $250 million focused on 40 plus projects. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Online and social media: Facebook, Twitter and LinkedIn.
February 5th, 2016
Developer Plans to Close 216 Homes, Acquire More Properties for Build-Out in 2016
IRVINE, Calif. – Brandywine Homes, a pioneer of infill development in Southern California, sold 40 homes, opened three new communities and broke ground on 11 additional communities in Southern California in 2015. The homebuilder, who recently ranked number 17 on the Orange County Business Journal’s Homebuilder List based on home sales in 2014, aims to close about 216 homes throughout Orange and Los Angeles counties in 2016.
“2015 was a transition year for us with 40 closings, but it was a banner year for acquisitions and our pipeline has grown significantly,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes. “We are continuing to look for and acquire land for build-out in 2017 and beyond.”
In 2015, Brandywine opened Seabright, 26 townhomes in Costa Mesa; Covington, a 51-unit community in Yorba Linda; and Brighton, 60 single-family homes in unincorporated West Carson near Torrance. Brandywine also broke ground at Citrine, a 16 townhome community in Norwalk; Sunstone, 31 townhomes in Norwalk; Lakehouse, with 20 single-family homes in Anaheim; Lotus Court, 13 townhome community in Monrovia; Provence, 28 single-family homes in Yorba Linda; Griffin, a 17 townhome community in Arcadia; Newbury, 15 estate residences in Yorba Linda; and entitled Candlewood, a 53 townhome community in Whittier.
“Overall, 2015 was a solid year for new home sales in both Orange County and Los Angeles,” Barisic said. “And with 17 new sales in January of 2016 alone, we are excited for what this year has in store.”
About Brandywine Homes
Brandywine Homes is a residential homebuilder based in Irvine, Calif., that specializes in challenging infill development. Founded in 1994, the family-owned and operated company has built or developed almost 1,500 homes in 45 small- and mid-sized infill communities, revitalizing some of Southern California’s oldest and most established neighborhoods. Brandywine builds homes that respect and complement the heritage, values and architectural integrity of existing neighborhoods and the people who live there – making a positive contribution to the community. www.brandywine-homes.com. Social media: Facebook, Twitter, LinkedIn and Brandywine Blog.
January 17th, 2016
Homebuilder Sold 268 Homes During Second Year in Business,
Had 73 Closings in December
VISALIA, Calif. – Local homebuilder San Joaquin Valley Homes (SJV Homes) had a successful year in 2015 with 268 homes sold. SJV Homes constructed and closed 237 homes in 2015 —a 67 percent increase over the 142 homes it closed in 2014. The company also closed out one subdivision and added two more.
“Our second full year as a production homebuilder has been a very successful and satisfying year,” said Joe Leal, co-founder for Visalia-based San Joaquin Valley Homes. “And we continue to grow, we are adding a new neighborhood, Sedona, at the Palo Verde master plan in East Tulare and hope to have a grand opening in March. We will work around the El Nino spring rains to schedule that because we, like everyone else, desperately want rain for our region.”
SJV Homes closed out Catalina in December 2015, its first subdivision in Tulare County with 71 units.
“Catalina is a beautiful neighborhood that was well-received, and our thanks go out to our superintendent Chris Machado for a job well done,” Leal said.
In 2015, SJV Homes added two more subdivisions, Visalia at San Marino and Tuscany at Bakersfield. The homebuilder has five neighborhoods in Tulare County and two properties in Kings County, the nation’s second-fastest-growing urban county.
Founded in 2013 by Leal, Jim Robinson and Randy Merrill, who had overseen construction of more than 800 quality homes a year while working together for another builder, SJV Homes has grown from one home closing in its first year to 237 home closings in 2015. The company’s commitment to quality—based on the founders’ eternal question, “Would our own wives be happy with it?”— has earned it deep customer loyalty and trust.
The following is a breakdown of SJV Homes’ current projects:
Tulare County
Catalina, 71 units, Tulare, Calif. (sold out)
Chelsea Place, 155 units, Visalia, Calif.
San Marino, 95 units, Visalia, Calif.
Savannah, 130 units, Tulare, Calif.
Sedona@Palo Verde, 51 units, Tulare, Calif.
Kings County
Hartley Grove, 182 units, Hanford, Calif.
Pheasant Ridge, 73 units, Corcoran, Calif.
Kern County
Tuscany, 116 units, Bakersfield, Calif.
About SJV Homes
Deeply rooted in residential construction, the founders of Visalia, California-based San Joaquin Valley Homes have built thousands of quality homes and attractive neighborhoods for Central Valley residents. Founders Joe Leal, Jim Robinson and Randy Merrill share a vision of delivering excellence through every level of building, delivering wonderful homes in great neighborhoods. In 2013, SJV Homes combined forces with Presidio Residential Capital, a real estate investment company based in San Diego. www.sjvhomes.com
May 17th, 2012
Alta Henderson, Alta 1900 Lofts Honored As Best New Communities Nationwide
DALLAS – (May 17, 2012) Wood Partners, one of the nation’s largest and most active multifamily developers, announced today that two of its apartment communities in Dallas have been recognized for their excellence by the National Apartment Association (NAA).
The two communities, Alta Henderson and Alta 1900 Lofts, were recognized in the Builders, Owners and Developers category in the prestigious national competition. Alta Henderson was recognized as the Best Community under 150 units and Alta 1900 Lofts was honored as the Best Community over 150 units. Both apartment developments are located in Dallas.
“We are extremely honored to receive these awards from the National Apartment Association,” said C. Todd McCulloch, director of Wood Partners’ Dallas office. “The PARAGON Awards highlight the ideal locations and exceptional quality of Alta 1900 Lofts and Alta Henderson. But more importantly, they speak volumes to the wonderful staff and the people who work in these communities every day. They have transformed these projects into communities where our residents feel as though they have selected a home in a great neighborhood rather than having simply rented an apartment.”
Alta 1900 Lofts is located at 1900 Hi Line Drive in Dallas. The development includes enclosed gated parking with direct resident access, an onsite dog park, a media center, an executive 24-hour business center featuring high speed Internet access, printers and faxes, and a resort-style pool with an underwater speaker system.
Alta Henderson is a unique combination of Craftsman style and contemporary finishes. Located at 5222 Belmont Avenue in Dallas, the 106-unit community offers studios, one-, two- and three-bedroom units ranging from 651 to 1,944 square feet. Its communal amenities include a resident club room featuring a cozy media lounge with plasma television and a 24-hour fitness center with premium Technogym® equipment, iPod® docking stations and built-in touch screen TVs.
The PARAGON awards recognize the multifamily housing industry’s top communities, executives, employees and affiliate programs. Both Alta Henderson and Alta 1900 Lofts are finalists for NAA Community of the Year, which will be selected from among the communities that won category-specific PARAGON Awards.
“The PARAGON awards recognize the outstanding contributions of multifamily builders, professionals and affiliated associations,” noted NAA President Douglas Culkin, CAE. “By shining a light on these winning individuals, communities and organizations, all members of our industry benefit.”
The awards will be presented during the opening general session of the 2012 NAA Education Conference & Exposition, June 28-30 in Boston.
About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the development of more than 36,000 homes with a combined value of more than $4.5 billion nationwide. To learn more about Wood Partners, please visit our Web site at www.woodpartners.com.
May 9th, 2012
With Palm Beach County’s rental occupancy rate at over 95 percent, the 116-unit project is the latest in a market where new rental units are scarce
DELRAY BEACH, Fla.– (May 9, 2012) Multifamily developer Wood Partners announced today that it has closed on a $26.9 million deal to build Midtown Delray, a neighborhood of 116 three-story rental townhomes near downtown Delray Beach. Construction on the new community, which will be spread across 17 buildings totaling nearly 192,000 square feet of living space, is scheduled to begin on July 1.
The development is expected to generate more than $400,000 in annual property tax revenue for Delray Beach once construction is complete and leasing begins, which is anticipated by September 2013. In addition, the construction phase is projected to create approximately 140 full-time temporary jobs while pumping more than $10 million into the local economy, based on a formula developed by the National Association of Home Builders to estimate local impact of new rental units.
“Delray Beach remains an exceptional area for development,” said David Thompson, Director for Wood Partners in Florida. “Like our under-construction Alta Congress community, Midtown Delray is ideally positioned to place its residents right in the hub of a broad spectrum of cultural, dining, employment and recreational opportunities.”
Midtown Delray is located at 4200 Old Germantown Road, along the south side of Linton Boulevard and just east of Military Trail, in the midst of several high-end single-family neighborhoods, including Fox Chase to the east and Hammock Reserve to the west. The site is less than four miles east of the Ronald Reagan Turnpike and just two miles west of I-95 and the Delray Beach TriRail station that connects Miami, Fort Lauderdale and West Palm Beach with 18 stations along a 70-mile system.
“The Palm Beach County apartment market has seen positive absorption in the wake of the housing bust, as the shift from homeownership to rental continues,” Thompson said. “While absorption will taper off from the strong bump seen immediately following the recession, it should remain at a healthy pace for years to come. The decline in vacancies has already spurred growth in effective rents, which have been rising and should continue to do so as the market continues to tighten.”
Midtown Delray homes will average just under 1,700 square feet and each residence will have an attached garage on the first floor, 82 of which will accommodate two-cars. The unit interiors will feature high-quality amenities including ceramic flooring in kitchens, entries and baths, ceramic tub surrounds, and 9-foot 4-inch ceilings throughout. The kitchens will have all black appliances, 42-inch cabinets with granite tops and sleek, modern lighting fixtures. The community will also feature a clubhouse, swimming pool and tot lot.
The 7.27-acre site is near major local and regional employment centers, including West Palm Beach and Boca Raton, which is less than 10 minutes south of Midtown Delray and boasts more than 100 office buildings, including the Boca Corporate Center and Campus and the corporate headquarters of Office Depot. The community also sits just 25 minutes south of West Palm Beach, which is home to the $600 million Scripps Research Institute.
The development occupies a choice location at the nexus of Germantown Road and Linton Boulevard, just a short drive from Old School Square on Atlantic Avenue, the heart of historic Delray Beach.
An abundance of cultural venues, restaurants and shops make Atlantic Avenue dining and shopping second only to South Beach’s Lincoln Road among Florida hot spots. The nightlife along the avenue was even referenced in a USA Today article that described Delray Beach as “getting hipper by the year.”
As one would expect of a coastal South Florida community, recreation and outdoor activity opportunities abound. The Atlantic Ocean is less than three miles to the east and scenic Orchard View Park, a six-acre park with picnic pavilions, barbecue grills, playground, and a walking trail, is immediately adjacent to the site. Several golf courses are nearby, including Delray Beach Golf Club, designed by legendary golf course architect Donald Ross, whose prolific works include the masterpieces Pinehurst, Oakland Hills, and nearly 600 others.
Current Builders of Pompano Beach is the general contractor for the project; AW Architects of Boca Raton are the architects; Michael B. Schorah and Associates of West Palm Beach are civil engineers; and Urban Design Kilday Studios, also from West Palm Beach, will handle the landscape design.
About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the development of more than 36,000 homes with a combined value of more than $4.5 billion nationwide. To learn more about Wood Partners, please visit our Web site at www.woodpartners.com
May 8th, 2012
Wood Partners announces plans to build Alta Alameda Station in Denver’s diverse & urban Baker neighborhood http://t.co/cT2OKwqv
March 20th, 2012
This post is part of a series on how good public relations can help businesses make a name for themselves, promote their products & services, land speaking engagements for executives, influence public opinion or handle crisis situations.
Challenge: Anton Communications has been a consultant for The Irvine Company since 2000, working on entitlement and new community projects that include Turtle Rock, Shady Canyon, East Orange and the Northern Sphere near the Saddleback Mountains. New developments of this size are often difficult to entitle in California and require strong community support.
Action: We have assisted with community surveys and focus groups, participated in strategy meetings, organized supporters and speakers at local hearings and provided written copy for several publications designed to share information about the planned communities.
Results: All of these projects were ultimately approved with strong community support and sales have been brisk even in the most recent neighborhoods that opened during a downturn in the housing market nationwide.
February 21st, 2012
Challenge: Anton Communications has been a consultant to the Golden Rain Foundation of Laguna Woods Village, the largest age-restricted community in California, since 2007. We have assisted with strategic messaging, strengthened community outreach efforts, provided advice on how to improve communications with residents, and worked with board members to handle difficult issues and personalities.
Action: We helped develop strategy for a Community Outreach Campaign associated with some controversies in an effort to answer specific questions and to allow all residents to voice their opinions. Between October 31, 2007 and January 24, 2008, Anton Communications helped staff organize and analyze results of 32 resident meetings as well as additional feedback via mail e-mail and voicemail.
We conducted focus groups with residents on major issues confronting the community, and helped develop factual information sheets on them. We helped GRF become more proactive in disseminating information, addressing residents concerns and accusations, and expanding the scope of the communications venues available to the community.
We worked with directors to help directors track prevalent community concerns, evaluate the issues involved and provide timely responses. We provided guidance for managing public hearings through Robert’s Rules of Order and we drafted proposed rules of decorum for public hearings. Our firm also handled resident communications surrounding a potentially unpopular change in the free transportation system at Laguna Woods Village, including the training of bus drivers to handle resident inquiries and the creation of Bus Ambassadors to assist residents on the spot.
Results: While there will always be disagreement and even conflict in a community of 16,000+ residents, the dialogue has become remarkably more tolerant and respectful, in part due to better communications and responsiveness. After three years of non-stop controversy, recall elections and accusations of mismanagement by upset residents, Laguna Woods Village is now experiencing relative calm in that regard, so much so that our role today is primarily to publish their monthly electronic newsletter, another communications tool we introduced, and parachute in for strategy sessions with the in-house public relations staff when difficult situations arise.
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