Foremost Companies Announces Development Underway on Prime 230-Acre Deerlake Ranch Master-Planned Community in L.A. Metro

One of the last remaining single-family development parcels in the
San Fernando Valley, the exclusive foothill community will have upscale
homes, spectacular views and resort-quality amenities

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.

Contacts

Katy Biggerstaff | Christine Rombouts
NewGround PR & Marketing
562.761.6338
| 949.631.1557
[email protected]
| [email protected]

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