TrumarkHomes-(PMS)Logo

Trumark Homes Expands Southern California Portfolio with Introduction of Four New Communities

Next Generation Builder Announces Plans for 363 New Homes in Southern California

Newport Beach, Calif. (November 17, 2016) Trumark Homes, the California-based homebuilding company setting the bar for a new generation of builders, is introducing four new residential communities in attractive suburban markets throughout Southern California totaling 363 new homes all in various stages of development. The introduction of these new home communities underscores the success Trumark Homes has experienced in the region, including their recently closed out SL70 community in Silver Lake, Los Angeles.

“Trumark Homes is continuing to build on the momentum that we’ve created over the last year by targeting sites across the Southland where we can deliver homes catering to a range of price points and diverse demographics, close to job centers,” said Eric Nelson, Vice President of Community Development at Trumark Homes. “There is a rising need for entry-level home products in key Southern California markets, including the Inland Empire. We are committed to helping close the supply and demand gap while contributing to the resurgence of markets like Santa Ana that are experiencing a real transformation.”

Highlights of each new community include:

  • Upcoast in Costa Mesa—This signature Trumark Homes community includes 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 1,900 square feet to 2,300 square feet, Upcoast was recently named “Detached Community of the Year Priced under $1.5 Million” at the 2016 SoCal Awards presented by the Greater Sales & Marketing Council and Building Industry Association of Southern California.
  • Tribella in Santa Ana—The eight-acre Tribella site is part of Santa Ana’s Harbor City Place plan and has offered Trumark Homes an opportunity to develop a unique mixed-use development that includes a blend of street-facing commercial spaces with mixed-use 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.
  • Bristol in Chino Hills— The 31-acre Bristol site is located 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 1,835 square feet for townhomes and up to 2,930 square feet 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.
  • Founders in Chino Hills— A 76-home community situated amongst prominent residential neighborhoods in northwest Chino Hills, 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 million acquisition of Upcoast in Costa Mesa and the $16.4 million acquisition of Tribella in Santa Ana were completed in partnership with Tri Pacific Capital Advisors.

About Trumark Homes

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. The nationally award-winning homebuilder is part of the Trumark Group of Companies, a diversified real estate development and building firm that also includes: Trumark Communities, a residential land development platform; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. For more information, visit www.TrumarkHomes.com

November 18, 2016

TrumarkHomes-(PMS)Logo

Trumark Homes Announces Close Out of SL70 Community in Silver Lake, Los Angeles

Award-winning homebuilder helps fulfill Los Angeles’ growing demand for market rate housing through high density and smart design

LOS ANGELES, CALIF. (November 8, 2016) – Trumark Homes, a visionary, next generation homebuilder, announced today the complete close out of SL70, a new residential development on Glendale Boulevard in one of Los Angeles’ hippest neighborhoods. The 70-newly built standalone homes are helping to meet the incredible demand for housing in this core infill location from buyers that range from first time homeowners to downsizing baby boomers.

“The swift sell out of our SL70 development this year is a true testament to the popularity and appeal of emerging neighborhoods such as Silver Lake in Los Angeles,” said principal and CEO of Trumark Homes, Michael Maples. “We were able to get creative with this specific location on Glendale Boulevard by utilizing the City of Los Angeles’ Small Lot Ordinance allowing greater flexibility in lot sizes which enabled us to competitively price the homes ultimately resulting in an increased velocity of sales.”

Located on 2.34 acres on Glendale Boulevard just south of the 2 Freeway, SL70 features design-centric living, three floors of living space and rooftop terraces on most homes. Built on the former home to Hollywood’s first permanent movie studio, the residential community features a collection of two- and three-bedroom single-family homes with up to 1,800 square feet of living space, two car garages and no HOA dues. Each home is crafted with contemporary recessed lighting, oversized windows, premium kitchen appliances and Quartz countertops. The development is situated near various Silver Lake/Echo Park entertainment, shopping, dining and recreational locations and is a short drive from major employment centers in Downtown LA, Burbank and Studio City.

Trumark Homes collaborated with long-term equity partner, The Resmark Companies, to bring the award-winning property to life in the up-and-coming Silver Lake neighborhood.

“SL70 is another standout investment between Resmark and Trumark, and the project’s success reflects Trumark’s consistent ability to innovate and perform. We send all of the homeowners at SL70 our best wishes as they settle into their new homes,” said Robert N. Goodman, Chairman and CEO, The Resmark Companies.

SL70 was honored by the National Association of Home Builders with two Gold Awards for “Detached Community of the Year” and “Best Architectural Design of a Single-Family Home Under 2,000 Square Feet” in 2015. In addition, the development also won three Silver Awards for “Best Brochure”, “Best Interior Merchandising” and “Best Website for a Community”.

“We are thrilled that our SL70 community has received several important industry distinctions,” said Mark Higgins, Senior Vice President of Sales and Marketing at Trumark Homes. “We knew that the homeowners at SL70 would place particular emphasis on design and lifestyle and we were able to deliver an urban award-winning environment close to the heart of the Silver Lake neighborhood.”

Trumark Homes recently launched sales at its two newest residential neighborhoods in Southern California, Upcoast at Costa Mesa and Tribella in Santa Ana, and will introduce two additional residential neighborhoods in Chino Hills in 2017.

About Trumark Homes

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. The nationally award-winning homebuilder is part of the Trumark Group of Companies, a diversified real estate development and building firm that also includes: Trumark Communities, a residential land development platform; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. For more information, visit www.TrumarkHomes.com

About The Resmark Companies

Founded in 1995, Resmark is a fully integrated real estate investment group. The Resmark Companies’ divisions—Resmark Land and Housing, Resmark Apartment Living and Resmark Impact Ventures—finance, acquire, develop and manage real estate in California, the Western United States, D.C./Mid-Atlantic region, and other select major metropolitan markets nationwide. To date Resmark has participated in more than 200 investments encompassing approximately 30,000 single-family and multifamily residential units, and has committed approximately $3 billion of capital. Headquartered in Los Angeles, Resmark also maintains offices in San Diego and Irvine, California and McLean, Virginia. For additional information, please visit www.Resmark.com

November 8, 2016

TrumarkHomes-(PMS)Logo

Trumark Homes Announces Swift Sellout of Timber Community in Newark, CA

Sellout of first new home development in Newark in more than a decade underscores the unprecedented demand in the market as Trumark prepares to bring more housing to the area

 NEWARK, CALIF. (November 7, 2016) Trumark Homes announced today the complete sellout of their award-winning Timber community featuring 164 single-family homes and townhomes within two neighborhoods Shade at Timber and Canopy at Timber in Newark, CA. Trumark Homes continues to expand their portfolio in Northern California to meet the growing demand for new housing supply within the thriving Tri-City area located just 40 minutes outside San Francisco.

“Our Timber community sold out well ahead of our anticipated timeframe representing the incredible amount of pent-up demand in Newark. Along the way, we’ve been encouraged by the positive reception we received from the community and the City of Newark,” said Mark Higgins, Senior Vice President of Sales and Marketing at Trumark Homes. “The diverse product offerings at Timber drew a mix of home buyers ranging from Silicon Valley professionals to first-time homebuyers and everyone in between.”

Designed by international award-winning firm KTGY Architecture + Planning, the Timber community embodies a fresh Craftsman architectural style and standout features including bright color pallets and lush landscaping. Shade at Timber presents three-story single-family floor plans ranging in size from 2,115 to 2,405 square feet with four bedrooms, three-and-a-half bathrooms, as well as a two car attached garage. Canopy at Timber provides single-family attached townhouses ranging in size from 1,540 to 2,026 square feet with three or four bedrooms and either three or three-and-a-half bathrooms, depending on the plan, and a two car attached garage. Several of the plans within each neighborhood also offer a second floor deck.

“Timber represented a tremendous opportunity for us to bring much-needed housing to this emerging market in Alameda County,” said Gregg Nelson, Cofounder and Managing Member at Trumark Companies. “We are preparing to break ground on Glass Bay, our latest development in Newark, which will introduce 217 contemporary single-family homes. These two new communities will bring a distinct synergy between the commercial, residential and transit oriented components of Newark, creating desirable walking landscapes that homeowners are valuing more so today than ever before.”

Trumark teamed up with long-term equity partner The Resmark Companies to develop Timber, as well as three other new home communities in Los Angeles, San Jose and Milpitas, which have all sold out.

“Timber’s success demonstrates Trumark’s continuous insight into its target markets and ability to meet the desires and needs of homebuyers seeking quality homes. Resmark is proud of our longstanding partnership with Trumark, the communities that our investments create for California homeowners, and the results that they generate for our investors,” said Robert N. Goodman, CEO and Chairman of Resmark.

Trumark was honored with three 2016 Building Industry Association Bay Area Excellence in Home Building Awards for the Timber community, including “Community of the Year – Multi-Product”, “Best Signage” for creative, design and overall brand and “Best Architectural Design – Attached” for the architectural design innovation, overall exterior and interior architecture and design appeal of Canopy Plan 3. Trumark also received a gold award for “Best Brochure for a Community” at the National Association of Home Builders’ 2016 “The Nationals” awards.

Located at the intersection of Cedar Boulevard and Robertson Avenue in Newark, Timber provides convenient access to public transportation, schools, such as the University of Phoenix, Decry, ITT Tech, and Ohlone College, parks, sports facilities and shopping.

About Trumark Homes

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. The nationally award-winning homebuilder is part of the Trumark Group of Companies, a diversified real estate development and building firm that also includes: Trumark Communities, a residential land development platform; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. For more information, visit www.TrumarkHomes.com

About The Resmark Companies

Founded in 1995, Resmark is a fully integrated real estate investment group. The Resmark Companies’ divisions—Resmark Land and Housing, Resmark Apartment Living and Resmark Impact Ventures—finance, acquire, develop and manage real estate in California, the Western United States, D.C./Mid-Atlantic region, and other select major metropolitan markets nationwide. To date Resmark has participated in more than 200 investments encompassing approximately 30,000 single-family and multifamily residential units, and has committed approximately $3 billion of capital. Headquartered in Los Angeles, Resmark also maintains offices in San Diego and Irvine, California and McLean, Virginia. For additional information, please visit www.Resmark.com

November 7, 2016

TrumarkHomes-(PMS)Logo

Trumark Celebrates Two Grand Openings

September was a busy month for us! We are proud to officially unveil our two newest communities, which are now open to the public and showcasing gorgeous model homes that are available to tour.

tru-sales-gallery

On September 17, Trumark introduced its new signature gated residential development, Tribella, in Santa Ana to the public with a fun-filled day of activity. Featuring two neighborhoods – Modern at Tribella and Classic at Tribella – the public received a first glimpse of the single-family homes in Santa Ana’s newest residential community that will include 110 homes at full buildout and a resident-only pool and tot lot.

trolley

On September 24, Wallis Ranch, the 806-home master planned community in Dublin, CA by Trumark Communities, welcomed more than 750 people to enjoy live entertainment, food trucks, activities for children and tour 16 model homes and the new Kindred House. The clubhouse boasts more than 17,000 square feet of indoor/outdoor amenity spaces dedicated to relaxation, fitness, meetings, dining and entertainment. One of the eight neighborhoods actively selling, Fielding built by Trumark Homes, offers single-family homes with three- to five-bedrooms, two-and-a-half to three bathrooms, and two car garages all within walking distance to the Kindred House.

October 1, 2016

TrumarkCommercial-(PMS)Logo

Trumark Announces Opening of Community Kindred House at Wallis Ranch in Dublin, CA

Resort-style central gathering space features dedicated areas for relaxation, fitness, meetings, dining and entertainment

 DUBLIN, Calif. (September 30, 2016) – On the heels of the official Grand Opening at Wallis Ranch this past weekend, Trumark Communities has revealed a first glimpse of the Kindred House, Dublin’s first resort-inspired community gathering place at the 806-home master planned community. Centrally located to all eight neighborhoods within Wallis Ranch, the Kindred House boasts more than 17,000 square feet of indoor/outdoor amenity spaces dedicated to relaxation, fitness, meetings, dining and entertainment.

“We’re seeing a trend of residential communities incorporating more communal spaces to encourage interaction between residents, and Wallis Ranch is no exception,” said Peter Kiesecker, Chief Operating Officer of Trumark Communities. “We wanted to create a place for our residents to form connections with their neighbors and make memories with their families while enjoying the robust collection of amenities designed to create a tranquil enclave for their active lifestyles.”

Working with California-based interior design firm CDC Designs, Mark Higgins, Senior Vice President, Sales & Marketing for Trumark led the interior design for the Kindred House based on cues from the local Napa and Sonoma modern farmhouse wineries and inspired by the distinct charm of the local countryside including barns, silos and ranchers’ cottages. “Our team spent countless hours visiting wineries, hotels and other attractions throughout Northern California to refine our design vision for the Kindred House. We are confident that the Kindred House is completely unique in its style and offerings,” stated Mr. Higgins.

The family room lounge space is sheltered by an exposed rough sawn open truss beam ceiling providing a dramatic element that is symbolic of a contemporary farmhouse design. The grand open-air pavilion boasts all-weather woven country farmhouse seating, a gourmet catering kitchen and bar area with big screen TVs. Lending to the rustic and modern mix, sandblasted concrete flooring is juxtaposed with rustic flagstone pavers, and tonal natural ledgestone accents are appointed throughout. The indoor space flows freely onto the outdoor Alpha Omega Terrace framed by Tivoli Lighting strung between canopy trees, serene water fountains, fire pits and additional seating areas. The three-acre common area, designed by landscape architect Gates Associates, will also offer a fitness center, outdoor yoga patio, tot lot, 75-foot swimming pool, oversized spa and BBQ area, all surrounded by more than one mile of trail systems.

“The interior design aesthetic is rustic and relaxed, yet stylish and comfortable inspiring resort-style living,” said Selena Rodriguez, Project Designer at CDC Designs. “We blended the boundaries between indoor and outdoor spaces letting residents utilize and enjoy all of the spaces in an unrestricted setting.”

A spacious event lawn will host residents for concert and movie nights, and adjacent to that will be a garden where a full-time farmer will raise seasonal fruits, vegetables and herbs made available to the community at a nearby produce stand. Anchoring the entire community, an imported Heritage Oak Tree will stand tall serving as a focal point.

Trumark Communities recently dedicated 10 acres of land for the City of Dublin to build public parks at the entrance to Wallis Ranch. Paying homage to the region’s history and natural landscape, Garrett Hinds, Director of Architecture for Trumark, enlisted local artist Eric Powell to create four artistic elements found throughout Wallis Ranch, including the three sets of metal gates leading into Wallis Ranch representing the grass, land and hills of the original site; metal benches placed along the trail; decorative panels representative of the tools originally found on property before construction began which can be seen at the community’s entrance on the Antone Pavilion – a tribute to the original 1912 Antone Schoolhouse on the site; and an interactive sculpture in the public mark resembling the old relics found onsite.

Wallis Ranch will consist of 806 single-family detached homes, townhomes and executive homes in eight distinct neighborhoods: Riverton by KB Home, Fielding by Trumark Homes, Trestle and Driftsong by Warmington Residential, Citron by Pulte Homes, Barnwell by D.R. Horton, Bridgecroft by Emerald Homes and Ivy Oak by Taylor Morrison. Seven neighborhoods are currently offering homes for sale and many builders have model homes open for viewing. For more information, visit www.wallisranch.com.

About Wallis Ranch

The 184-acre Wallis Ranch master planned development includes eight distinct neighborhoods featuring single-family detached homes, townhomes and executive homes ranging from 1,700 to 4,100 square feet. Upon full buildout, Wallis Ranch will deliver 806 new homes within eight neighborhoods to a region that has seen a significant boost in housing demand as a result of the thriving San Francisco Bay market located less than 40 miles away. Master planner Trumark Communities has dedicated more than half of the master plan’s acreage to green space programing, including parks, open space and a water-quality basin to create a tranquil enclave that appeals to Bay Area residents’ active lifestyles. Wallis Ranch will also include a three-acre common area featuring a fitness center, pool, spa and BBQ area, surrounded by more than one mile of trail systems. With the California drought top of mind, Trumark will incorporate drought tolerant landscaping that will use all reclaimed water throughout the community. www.wallisranch.com.

About Trumark Communities

Trumark Communities is a residential land development platform focused on acquiring, developing and selling improved lots in master planned communities. Its current pipeline includes 1,500+ lots representing total projected revenue in excess of $300 million. Trumark Communities realized lot sales to builders of over $200 million in 2015. www.trumarkcommunities.com

September 30, 2016

TrumarkHomes-(PMS)Logo

Trumark Homes Announces Successful Sellout of PACE Development in Milpitas, CA

Transformative Builder Delivers 134 New Residences to Silicon Valley

Trumark Homes, a visionary next generation home builder, announces today the complete sellout of its eight-acre PACE development that includes 134 newly built homes designed to attract a range of buyers, including young professionals, couples and growing families in Silicon Valley.

“This is a momentous occasion that speaks to the strength of the Silicon Valley market and quality of homes the Trumark Homes team created at PACE. As we expand, we’re constantly striving to introduce innovative, high-value home offerings that resonate with the way that owners want to live,” said Trumark Homes co-founder Gregg Nelson. “When we identified the site, we knew the Milpitas location presented a tremendous development and investment opportunity. Northern California continues to be one of the most highly sought-after housing markets and will continue to be a key region for Trumark Homes.”

PACE includes two distinct communities – detached single-family homes at Velocity, and townhomes at Momentum. Both communities feature enticing design amenities rarely found in such an approachable price range, including 10-foot ceilings, expansive windows and decks, and available bi-folding doors. Developed in partnership with Resmark Land and Housing, a division of The Resmark Companies, PACE is the fourth project in Trumark Homes’ quickly expanding Silicon Valley portfolio.

“The success of PACE reflects Trumark’s superior execution, which is a signature of every investment in which we have joint ventured with them,” said Robert N. Goodman, CEO and Chairman, The Resmark Companies. “Resmark and Trumark enjoy a longstanding partnership, and we look forward to continuing the relationship in the future,” he added.

Located at the northeast corner of Montague Expressway and Trade Zone Boulevard, just a 10-minute walk from the future of Milpitas BART station and connected to a citywide trail system, Velocity at PACE and Momentum at PACE are situated near major regional employment centers and within the highly ranked Milpitas Unified School District. PACE offers a wide range of amenities for its owners including a playful, family-friendly tot lot with a bubbling fountain, a patio area with a fire pit, and two outdoor kitchens where residents can socialize and entertain family and friends. Momentum consists of 43 single-family three-story homes ranging in size from 2,225 to 2,489 square feet, and Velocity includes 91 single-family attached three-story townhomes ranging from 1,200 to 1,947 square feet.

This news comes on the heels of Trumark Homes launching sales at Fielding, a neighborhood subdivision within the Wallis Ranch master planned community currently under development in Dublin, CA by sister company Trumark Communities. The community recently received top honors recognition at the 2016 Building Industry Association (BIA) Bay Area Excellence in Home Building Awards where the Timber community received the “Multi-Product Community of the Year,” “Best Architectural Design – Multi-Family,” and “Best Signage” awards.

About Trumark Homes

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of master plan communities and new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. The nationally award-winning homebuilder is part of the Trumark Group of Companies, a diversified real estate development and building firm that also includes: Trumark Communities, a residential land development platform; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. For more information, visit www.TrumarkHomes.com

About The Resmark Companies

Founded in 1995, Resmark is a fully integrated real estate investment group. The Resmark Companies’ divisions—Resmark Land and Housing, Resmark Apartment Living and Resmark Impact Ventures—finance, acquire, develop and manage real estate in California, the Western United States, D.C./Mid-Atlantic region, and other select major metropolitan markets nationwide. To date, Resmark has participated in more than 200 investments encompassing approximately 30,000 single-family and multifamily residential units, and has committed approximately $3 billion of capital. Headquartered in Los Angeles, Resmark also maintains offices in San Diego and Irvine, California and McLean, Virginia. For additional information, please visit www.Resmark.com

July 28, 2016

Trumark Companies

TRUMARK COMPANIES CONTINUES SIGNIFICANT GROWTH WITH ADDITION OF TWO CONTROLLERS

Danville, Calif. (March 22, 2016) Trumark Companies, a diversified real estate developer and builder, has added two seasoned controllers to its operating companies – Trumark Homes and Trumark Urban. Laurie Byer joins the Danville office of Trumark Homes while Franziska Frey is stationed in Trumark Urban’s San Francisco office. The two will oversee all aspects of financial management including corporate accounting, regulatory and financial reporting, budget and forecast preparation, as well as the development of internal control policies and procedures.

“Laurie and Franziska each have an impressive background in the finance and accounting industry underscored by an ability to effectively lead teams and support significant growth. With several large-scale initiatives underway in 2016 for both Trumark Homes and Trumark Urban, Laurie and Franziska couldn’t have joined our team at a better time,” said Rob Fregulia, Chief Financial Officer of Trumark Companies. “We are pleased to welcome them to the Trumark family.”

READ FULL STORY

March 22, 2016

Trumark Companies

Trumark Companies, a diversified real estate developer and builder, has added two seasoned controllers to its operating companies – Trumark Homes and Trumark Urban. Laurie Byer joins the Danville office of Trumark Homes while Franziska Frey is stationed in Trumark Urban’s San Francisco office. The two will oversee all aspects of financial management including corporate accounting, regulatory and financial reporting, budget and forecast preparation, as well as the development of internal control policies and procedures.

“Laurie and Franziska each have an impressive background in the finance and accounting industry underscored by an ability to effectively lead teams and support significant growth. With several large-scale initiatives underway in 2016 for both Trumark Homes and Trumark Urban, Laurie and Franziska couldn’t have joined our team at a better time,” said Rob Fregulia, Chief Financial Officer of Trumark Companies. “We are pleased to welcome them to the Trumark family.”

Laurie Byer has more than 30 years’ experience in the homebuilding and construction industry with an emphasis in strategic planning, financial planning and analysis. Ms. Byer has held positions with both private and public companies in Illinois, Minnesota, Arizona and California, including Lennar, John Laing Homes, Signature Homes and most recently, served as Chief Financial Officer of Industrial Electrical Company in Modesto, Calif. She received a Master of Business Administration degree from Roosevelt University in Chicago and a Bachelor of Science degree in Accounting from Elmhurst College.

Franziska Frey is a seasoned accounting and finance professional with particular expertise in process and policy development, full-cycle accounting, data analysis and communications. Prior to joining Trumark, Ms. Frey held several roles during her ten years with the Bridge Housing Corporation, California’s leading non-profit affordable housing developer, most recently serving as an Accounting Manager – Development. She obtained a Master of Business Administration degree from University of California, Davis and a Bachelor of Arts in International Relations from University of the Pacific.

This news comes on the heels of Trumark Homes announcing the acquisition of Fielding, a neighborhood subdivision within the Wallis Ranch master planned community under construction in Dublin, Calif. owned by sister company Trumark Communities. Trumark Urban also has several luxury residential projects underway in California, including TEN50, a boutique high-rise residential tower in downtown Los Angeles where sales will commence in April and The Pacific, a collection of 10 row homes and 66 jewel box residences in San Francisco’s prestigious Pacific Heights neighborhood.

About The Trumark Group of Companies

The Trumark Group of Companies is a diversified real estate developer and builder with expertise in land acquisition, homebuilding, community design, entitlements and office, R&D and retail development. Trumark has raised more than $460 million of equity and funded 25 projects since the depth of the recession in 2009. www.trumarkco.com

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. www.trumarkhomes.comTruBlu BlogFacebookTwitterLinkedIn

Trumark Urban develops high-density condominiums and commercial projects in global gateway markets with a focus on core urban neighborhoods close to jobs, transit and local businesses. With offices in San Francisco and Los Angeles, the firm has a portfolio of more than 1,000 condominiums and over one million square feet representing more than $1 billion of future revenue.  www.trumarkurban.com

Trumark Communities is a residential land development platform focused on acquiring, developing and selling improved lots in master planned communities. Its current pipeline includes 1,500+ lots representing total projected revenue in excess of $300 million. Trumark Communities realized lot sales to builders of over $200 million in 2015. www.trumarkcommunities.com

Trumark Commercial, which builds, leases and sells commercial buildings, has entitled or developed approximately two million square feet of office, R&D, retail and hotel properties in the northern portion of the Golden State. www.trumarkco.com

TrumarkHomes-(PMS)Logo

Trumark Homes and GTIS Partners Acquire The Fielding Neighborhood Within Wallis Ranch Master Planned Community in Dublin, CA

Community-wide grand opening anticipated in Summer 2016

Nationally award-winning California homebuilder Trumark Homes and global real estate investment firm GTIS Partners have acquired one neighborhood subdivision within Wallis Ranch, the highly-anticipated master planned development under construction in Dublin, CA. The neighborhood “Fielding” will include 139 two-story single-family homes ranging in size from 1,809 square feet to 2,686 square feet. Construction is underway with sales slated to begin in Q2 2016.

Wallis-Ranch_ClubHouse-And-Park-400x228

The overall 184-acre Wallis Ranch master planned development was acquired by sister company Trumark Communities in 2014 through a partnership with Isles Ranch Partners, LLC and Castlelake, L.P. Upon full buildout, Wallis Ranch will deliver more than 800 new homes within eight neighborhoods to a region that has seen a significant boost in housing demand as a result of the thriving San Francisco Bay market located less than 40 miles away. The master plan features single-family detached homes and townhomes designed by local architecture firms KTGY (Oakland) and Dahlin Group Architects (Pleasanton).

“The opportunity to build new homes within Wallis Ranch represents a once in a lifetime opportunity for Trumark Homes,” said Trumark Homes Northern California Division President Tony Bosowski. “We are able to execute our vision of creating a community anchored by nature and a sense of place with the introduction of the Fielding neighborhood.”

To create a tranquil enclave that appeals to buyers’ active lifestyles, Trumark Communities dedicated over half of the master plan’s acreage to parks, open space and a water-quality basin. Landscape architects Gates Associates will bring to life a three-acre common area featuring an edible garden, fitness center, pool, spa and BBQ area surrounded by a mile of trail systems. Trumark continues to be a leader in innovation within the industry and with the California drought top of mind, the company will incorporate drought tolerant landscaping that will use all reclaimed water throughout the master plan.

“With its desirable Bay Area location and robust collection of amenities, we are confident that homes within Wallis Ranch will be highly sought after by buyers,” said Gregg Nelson, Co-Founder of Trumark Homes. “We are eager to advance the construction process and look forward to introducing new housing to a growing segment of the Bay Area.”

“The Dublin submarket has outperformed the national housing market over the past several years as a result of the Metropolitan Statistical Area’s constrained land supply coupled with its high desirability among homebuyers seeking strong schools, tranquil living and close proximity to Bay Area employment,” said Theodore Karatz, Director at GTIS Partners. “Wallis Ranch has been designed to be a special place with an expansive base of amenities and scenic views and we look forward to the project’s grand opening this summer.”

About Trumark Homes

Trumark Homes is a visionary, next generation homebuilder with a robust portfolio of master plan communities and new home neighborhoods spanning the state of California. Emphasizing distinction and innovation in every home, Trumark Homes focuses on core infill developments in locations that exhibit strong job growth and provide access to major job centers. The nationally award-winning homebuilder is part of the Trumark Group of Companies, a diversified real estate development and building firm that also includes: Trumark Communities, a residential land development platform; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. For more information, visit www.TrumarkHomes.com.

About GTIS Partners

GTIS Partners is a global real estate investment firm headquartered in New York with offices in Los Angeles, San Francisco, Atlanta, São Paulo, Brazil, Paris, France, and Munich, Germany. GTIS Partners has 80 employees and currently has approximately $2.9 billion of assets under management. To date, the firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects in the U.S. and Brazil. In the U.S., GTIS has invested in over 75 projects across 19 states, including 57 projects in the residential sector. In Brazil, GTIS has invested in 90 assets comprised of approximately 13,000 residential units, 530,000 square meters of office and industrial space, and over 9,800 hotel rooms acquired, managed, or under development. By combining hands-on real estate expertise with a disciplined investment approach, GTIS Partners helps create value for its investors and partners.  The firm pursues opportunistic real estate investments through direct equity investment and non-traditional lending activities and firm relies on macro-research as well as the hands-on industry knowledge of its experienced investment and asset management teams. For further information, please visit www.gtispartners.com.

March 1, 2016

TrumarkCommercial-(PMS)Logo

TRUMARK HIRES VETERAN DEVELOPER TO GROW  MASTER PLANNED COMMUNITY BUSINESS

COO Peter Kiesecker to Acquire and Manage Properties for Trumark Communities

NEWPORT BEACH, Calif. – Trumark Communities announced that it has hired Peter Kiesecker, a former executive at Standard Pacific Homes with more than 25 years of experience in the real estate industry, as chief operating officer of its newly launched master planned community business called Trumark Communities.

“We have met with Peter several times over the years and have been impressed with his leadership skills, market insights and ability to execute a business plan,” said Michael Maples, co-founder of Trumark.  “We are honored to have him join the Trumark team and to lead this important new platform for us.”

Before he joined Trumark, Kiesecker was directly responsible for master planned communities and mergers and acquisitions on a national basis for the public homebuilder Standard Pacific Homes. From 2009 through 2013, Kiesecker’s team

READ FULL STORY

May 29, 2015