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November 19, 2017
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SOUTHERN CALIFORNIA NEWS
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Trumark Homes Working on Four SoCal Res Communities

11/22/16

Trumark Homes is underway with four new SoCal residential communities totaling 363 homes, all in various stages of development. The projects are located in Costa Mesa, Santa Ana and Chino Hills.

One of the projects, Upcoast in Santa Ana, consists of 28 three-story detached homes spanning a two-acre bluff, one mile up from the coast. To capitalize on the coastal setting and indoor/outdoor lifestyle, a majority of the homes feature a rooftop terrace. Additional community features include convenient access to a system of local walking paths leading to a nearby beach, as well as a system of local trails.

Sales of homes began in June 2016, and to-date over half of the community is sold out. With homes ranging from 1.9k sf to 2.3k sf, Upcoast was recently named “Detached Community of the Year Priced under $1.5 Mil” at the 2016 SoCal Awards presented by the Greater Sales & Marketing Council and Building Industry Association of Southern California.

In Santa Ana, Trumark’s eight-acre Tribella site is part of Santa Ana’s Harbor City Place plan. The mixed-use development includes a blend of street-facing commercial spaces with townhomes and single-family detached homes nestled within a gated community. With the majority of the existing homes in the area dating back to the 1950s, Tribella introduced 110 new construction homes in September to a market where young families are attracted to the top-rated Garden Grove public school system.

Trumark is underway with two projects in Chino Hills. One of them, Bristol, is located on a 31-acre Bristol site within the bounds of the Chino Hills General Plan, a greater city effort aimed to bring new housing, retail and commercial spaces to the area. The neighborhood will include 42 attached townhomes and 107 detached single-family homes inclusive of two- and three-story floorplans, ranging in size from 1.8k sf for townhomes and up to 2.9k sf for single-family homes.

Community features include a five-acre walking trail, oversized landscaped walkways and easy freeway access. These new homes will be located within walking distance to restaurants and stores in the city’s masterplan. Groundbreaking took place in August 2016, with sales expected to commence in early 2017.

The other Chino Hills project, Founders, is a 76-home community situated amongst prominent residential neighborhoods in the city’s northwest area. Founders will present duet homes including predominant detached home elements featuring traditional orientation to private streets, two-car garages with driveways, backyards, and private living space without common walls. The homes will feature four- and five-bedroom designs with the larger plan offering a bedroom option on the first floor. The development is slated to break ground in spring 2017.

The $5.5 mil acquisition of Upcoast in Costa Mesa and the $16.4 mil acquisition of Tribella in Santa Ana were completed in partnership with Tri Pacific Capital Advisors.





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