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4-Traders Homepage  >  Equities  >  Nyse  >  TRI Pointe Group Inc    TPH

Delayed Quote. Delayed  - 07/29 10:02:34 pm
13.45 USD   -3.45%
07/28 TRI POINTE HOME : Celebrates Local History With Machado House Restor..
07/27 TRI POINTE GROU : Reports 2016 Second Quarter Results
07/22 QUADRANT HOMES : Recognized for Seventh Year Running as Customer Ser..
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TRI Pointe Homes : Celebrates Local History With Machado House Restoration at Parasol in Fremont

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07/28/2016 | 05:51pm CEST

FREMONT, CA--(Marketwired - Jul 28, 2016) - A charming little piece of the past -- the historic Machado House -- is now set to shine among the townhomes in the beautiful neighborhood of Parasol in Fremont. The historic home, built circa 1905, was restored by renowned local homebuilder TRI Pointe Homes (NYSE: TPH) and serves as a stately reminder of the region's rich history.

"The Machado House has a wonderful story that dates back to early 1900's when it was part of a small string of properties that was recognized as part of a farmstead at the turn of the century," said Susan Cleary, Marketing Manager for TRI Pointe Homes. "So, it is with great pride that TRI Pointe Homes worked to preserve the original structure and fold it in with the new community of Parasol at Fremont."

The Machado House's Queen Anne-style cottage design was common among the area's early immigrant settlers. Efforts were made to preserve the original design of the property and keep to its historical character by planting low-profile landscaping and added new fencing around the perimeter of the Machado property to maintain the integrity of the original single-family dwelling.

"Not only is this a great opportunity to revisit the old; it's also a great time to introduce the new things happening at TRI Pointe Homes," Cleary said. "Parasol in Fremont has been expertly crafted to meet the needs of 21st century families."

Parasol's spacious interiors are featured in these three story homes range from 1,218 to 2,241 square feet with up to four bedrooms and 3.5 baths. Sizable ceramic tiles grace entryways, kitchen area and all baths, along with coffered ceilings in some plans are among the tasteful appointments to make Parasol one of TRI Pointe Homes' most exciting new townhome communities.

Refreshingly modern kitchens add flair to excite culinary talents, featuring a center island, gorgeous granite countertops, crown molding, recycle bin and Euro styled recessed Beech Wood cabinetry with concealed hinges. A quality GE® built-in stainless steel appliance package offers a 30" electric oven, 36" gas cooktop and hood, plus a microwave oven with a trim kit included. 

For privacy and relaxation, elegant master suites provide generous walk-in closets, dual sinks and showers with semi-frameless clear glass enclosures. Beautiful Euro style Beech Wood recessed cabinetry with concealed hinges adds a contemporary look with a choice of a couple of stains. The two largest plans offer a separate soaking tub and shower.

All homes include a private two-car garage and convenient interior laundry room, with balconies and decks per plan. Residents will also enjoy the latest technologies of the LivingSmart® sustainable, high-efficiency program for conservation, durability, health, comfort and savings. 

Pricing starts in the low $900,000s.

The public is invited to glimpse their future by touring the professionally decorated models at Parasol and explore the past at the Machado House. Visit www.tripointehomes.com.

To reach Parasol from the 880 Freeway, exit Fremont Boulevard and continue east. U-turn at DeCoto Road and Parasol will be on your immediate left right side. The sales center is open Friday thru Tuesday 10 a.m. to 6 p.m., and closed Wednesday and Thursdays. For additional information, call (510) 766-1900 or visit www.TRIPointeHomes.com/Parasol.

With a growing number of new home communities throughout Northern California, TRI Pointe Homes, Inc. is a member of TRI Pointe Group (NYSE: TPH), headquartered in Irvine, California. The company is one of the top 10 largest public homebuilders by equity market capitalization in the United States, supported by the significant resources, economies of scale and thoughtful leadership of a national foundation. Additional information is available at http://www.tripointehomes.com/norcal.


© Marketwired 2016
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Financials ($)
Sales 2016 2 452 M
EBIT 2016 307 M
Net income 2016 196 M
Debt 2016 1 007 M
Yield 2016 -
P/E ratio 2016 10,76
P/E ratio 2017 9,69
EV / Sales 2016 1,29x
EV / Sales 2017 1,14x
Capitalization 2 161 M
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TRI Pointe Group Inc Technical Analysis Chart | TPH | US87265H1095 | 4-Traders
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Mean consensus BUY
Number of Analysts 9
Average target price 17,3 $
Spread / Average Target 29%
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Managers
NameTitle
Douglas F. Bauer Chief Executive Officer & Director
Thomas J. Mitchell President & Chief Operating Officer
Barry Stuart Sternlicht Chairman
Michael D. Grubbs Chief Financial Officer & Treasurer
Robert W. D’Unger Vice President-Information Technology
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