NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Foremost Companies announced that development is underway at Deerlake Ranch, a new master-planned community in the Los Angeles metro. One of the last opportunities to purchase new homes in an affluent neighborhood in the San Fernando Valley, the six Deerlake Ranch villages—the first two of which are expected to open in late 2019—will offer a total of 314 single-family homes ranging from 5,000 square feet to half-acre equestrian lots. Deerlake Ranch is a venture between Foremost Companies and a controlled affiliate of Starwood Capital Group.
“Deerlake Ranch’s combination of distinctive housing options, engaging lifestyle offerings and second-to-none location certainly makes it a standout. Each Deerlake Ranch village will be distinct from the next with its own subtle nuances, details and panoramas,” said Steve Cameron, president and founder of Foremost Companies. “Los Angeles remains one of the most constrained markets in the nation for new homes, and we anticipate strong demand for the residences at Deerlake Ranch.”
Deerlake Ranch’s strategic location in Los Angeles County just north of the 118 freeway and adjacent to Porter Ranch provides direct access to local freeways and the nearby Chatsworth Transportation Center, which connects via Metrolink commuter rail to downtown Los Angeles and five other Southern California counties. Situated only 30 miles from L.A.’s central business district, the 230-acre hillside property will offer buyers six thoughtfully-designed villages where architecturally diverse new residences, gathering places, a high-end equestrian community, winding trails and beautiful vistas come together behind private gates. Residents will enjoy exclusive amenities, nearby parks, and the natural terrain as well as an array of shopping, dining, entertainment and cultural destinations.
Residents of the master-planned community will also enjoy The Canyon Club, Deerlake Ranch’s resort-style clubhouse that includes a pool, spa, game room, fire pit, built-in BBQ, pizza oven, cabanas, covered outdoor spaces, and an outdoor fireplace. Homeowners will be surrounded by open space on three sides with easy access to 4.3 miles of multi-use trails for hiking, running, cycling or horseback riding, natural terrain and rock outcroppings, and panoramic views of mountains. The miles of multi-use and equestrian trails within Deerlake Ranch will connect to regional trails that are part of the Santa Monica Mountains Conservancy.
Van Daele Homes and Landsea Homes will deliver the first two Deerlake Ranch neighborhoods. Van Daele’s Ridgepointe village will offer 53 luxury, single-family residences from approximately 3,700 to almost 4,300 square feet. Architectural styles will range from Modern Prairie and Modern Farmhouse to Santa Barbara, Transitional Ranch and Transitional Spanish, and three main floor plans will include many available home/room configurations and customization choices. Slated for a late fall opening, Ridgepointe will also include Chef’s Kitchens with Kitchen Aid appliance packages, generous indoor/outdoor California Rooms and Amazon Home Technology.
Landsea Homes’ Crestley at Deerlake Ranch neighborhood will feature 50 upscale single-family homes ranging from 3,000 to 3,600 square feet. The community will offer three floor plan options and Farmhouse, California Ranch and Transitional Arts & Crafts architectural styles. Crestley at Deerlake Ranch model homes are scheduled to open by end of 2019.
Visit Deerlake Ranch online at https://deerlakeranchliving.com for additional information and to sign up for news and updates.
About Foremost Companies
Foremost Companies is a premier land investment firm that acquires property in strategic locations to entitle and sell high-quality developments to homebuilders or commercial developers. The company and its affiliates have owned and/or managed more than 12,000 residential lots across California. The company’s urban infill and redevelopment team is specifically focused on Los Angeles and Orange Counties in areas with underutilized commercial space. Foremost’s senior management team is experienced in master-planned communities and single-family detached and attached products, as well as multifamily, retail, office, and mixed use. For more information on Foremost Companies, visit www.foremostcompanies.com.
About Starwood Capital Group
Starwood Capital Group is a private investment firm with a core focus on global real estate. The Firm and its affiliates maintain 13 offices in four countries around the world, and currently have more than 4,000 employees. Starwood Capital Group has raised $45 billion of equity capital since its inception in 1991, and currently manages $60 billion in assets. The Firm has invested in virtually every category of real estate on a global basis, opportunistically shifting asset classes, geographies and positions in the capital stack as it perceives risk-reward dynamics to be evolving. Over the past 27 years, Starwood Capital Group and its affiliates have successfully executed an investment strategy that involves building enterprises around real estate, energy infrastructure and oil and gas portfolios in both the private and public markets. Additional information can be found at www.starwoodcapital.com.
About Landsea Homes
Landsea Homes designs and builds best-in-class, high-performance homes and sustainable master-planned communities in some of the most desirable markets in the United States. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, and throughout California in Silicon Valley, Los Angeles and Orange County.
Creating inspired places that reflect modern living, Landsea Homes builds suburban, single-family detached and attached homes, mid- and high-rise properties, and master-planned communities to meet the diverse and ever-changing expectations and lifestyles of our homebuyers today and tomorrow.
Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees and stakeholders by creating an unparalleled lifestyle experience that is unmatched everywhere we build.
Landsea Homes is a wholly-owned U.S. subsidiary of Landsea Green Group, an international homebuilder that thinks globally but operates locally. Operating on three continents including Europe, Asia and North America, Landsea’s deep knowledge and experience of building and living in different environments all over the world deliver homes that embrace the local lifestyle in which they are built. www.landseahomes.com
About Van Daele Homes
At Van Daele Homes, home is where memories are created, lives shared and moments celebrated, and where the honor of crafting every home is something that is valued and not taken for granted. Now celebrating more than 30 years of homebuilding excellence, the experienced team of employees, artisans and consultants at Van Daele Homes take building quality, handcrafted homes very seriously, and are intimately involved in each home’s design and construction every step of the way. For more information on Van Daele Homes, visit vandaele.com.