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

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Quadrant Homes : Wins Coveted Design Award at 2016 New Home Council Awards

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12/02/2016 | 05:00pm CET

New Home in Poulsbo’s Mountain Aire Community Wins “Home Design” Category

Quadrant Homes recently added another trophy to their case with the coveted “Best Home Design Award,” presented at the 2016 New Home Council Tribute Awards ceremony. Bellevue-based Quadrant Homes won for “Best Single Family Home Design Between 2,400 to 2,999 Square Feet,” for the design of an entry-level family home for sale in Quadrant’s Mountain Aire community in Poulsbo, Washington. The design is also available in Quadrant’s communities in Monroe (the Evergreen Heights community) and Gig Harbor (The Enclave at Harbor Hill).

“We’re very proud to add this award to our list of accolades,” said Ken Krivanec, president of Quadrant Homes. “Quadrant puts the highest level of precision, craftsmanship, and quality into every home we build, and this home is a shining example.”

The winning home plan was designed for Mountain Aire, a premier community surrounded by stunning views of Kitsap County. Brand-new home designs start in the low $400s, and range from 2,400 to 3,000 square feet, offering flexible floorplans with the latest design options. Buyers can personalize their home with Quadrant’s Flex Options, which are designed by homebuilding experts for maximum livability.

The Tribute-winning home design is a two-story, entry-level family home that showcases a modern interpretation of the craftsman style, with a focus on flexible functionality that allows each owner to personalize the home. Judges noted the layout’s clean look, with glass used as a siding element to fill both floors of the house with natural light. The open floor plan uses a forward placement of the dining area that flows into the kitchen area, creating a sense of spaciousness that feels much larger than the home’s square footage would suggest. The home’s main floor also features a bedroom setup designed for intergenerational living and a flexible room that can be used as anything from a pantry to a home management center. The second floor is equipped with three bedrooms and a loft space that can be used as another living room or a bedroom.

National award-winning architect Michael Woodley partnered with Quadrant on the home’s design. “We combined the best local building talent with design from a winning national architect to create something buyers can’t find anywhere else,” said Krivanec. “From the innovative design to painstaking craftsmanship, this is a superior place to call home.”

Interested buyers can learn more about the Mountain Aire community on Quadrant’s website, where they can also customize their layout and explore personal touches for their home. To see the community, visit http://www.quadranthomes.com/find-your-home/mountain-aire/.

About Quadrant Homes

Quadrant Homes is in its 47th year of award-winning home building in the Puget Sound region – more Washingtonians live in a Quadrant home than in one constructed by any other builder. The company is currently building or developing new-home communities in King, Snohomish, Pierce, Thurston, Kitsap, and Skagit counties. Quadrant has been named a Builder of the Year by the Master Builders Association of King and Snohomish Counties, and one of Washington’s Best Work Places by The Puget Sound Business Journal. Quadrant has also been designated by the Environmental Protection Agency as a qualified ENERGY STAR® builder. Quadrant is a member of TRI Pointe Group (NYSE:TPH), a family of premium regional homebuilders supported by the significant resources, economies of scale and thought leadership of a national foundation. Together this makes TRI Pointe Group one of the largest homebuilders in the U.S. Quadrant Homes and the TRI Pointe subsidiaries have been named the 2014 Developer of the Year by Builder and Developer and the 2015 Builder of the Year by BUILDER Magazine. For more information about Quadrant, please visit the Quadrant Homes website, Quadrant Homes Twitter and Quadrant Homes Facebook.

About The New Home Council

The New Home Council is an independent team of industry professionals working together to meet the changing needs of the new home building industry through education, promotion and recognition. The Council serves as the eyes, ears and voice for members involved in all aspects of the housing industry, ensuring members access to high quality professional, accurate and timely economic information from a dedicated team of industry experts.


© Business Wire 2016
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Financials ($)
Sales 2016 2 423 M
EBIT 2016 346 M
Net income 2016 197 M
Debt 2016 1 001 M
Yield 2016 -
P/E ratio 2016 10,70
P/E ratio 2017 9,94
EV / Sales 2016 1,28x
EV / Sales 2017 1,16x
Capitalization 2 098 M
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Number of Analysts 11
Average target price 16,8 $
Spread / Average Target 28%
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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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