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Developer Plans to Close 216 Homes, Acquire More Properties for Build-Out in 2016
IRVINE, CA--(Marketwired - Feb 1, 2016) - 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.