Anaheim Online News reports that Brandywine Homes has sold all 20 units five months after their grand opening at Lakehouse, a new community in Anaheim, Calif.
Designed by Pate-Smeall Architects, the homes range from 2,200-2,750 square feet on lots ranging from 3,650 to 7,662 square feet. They are offered in Craftsman and Spanish-style architecture, and with clay or concrete roofing tiles and two-car garages.
“Homebuyers were ecstatic about these spacious, luxurious homes surrounded by the serenity of a nature preserve in their backyard,” said Dave Barisic, principal in charge of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “Finding a newly built home of this size in an established neighborhood in Anaheim isn’t easy. We’ve fulfilled a real need with this community, and we’re not surprised it sold out so quickly.”
Pinnacle Asset Management Group has bought a 203,749-square-foot office building at 26632-26642-26672 Towne Centre Drive in Foothill Ranch for $40 million. Ryan Swanson and Kurt Bruggeman of Lee & Associates in Irvine represented Pinnacle. The seller, Equity Office/Blackstone, was represented by Ryan Gallagher, Tim Geiman and Derreck Barker of Holliday Fenoglio Fowler, in Newport Beach. Built in 2000, the office building is completely leased with tenants including Loandepot, Pepsi Co. and Arrow Electronics.
Kelemen Caamaño Investments has acquired four multitenant, low-rise office buildings in Irvine for $27 million. All four buildings are part of the 13.55-acre, eight building Centerpointe office project, at the southwest corner of the Irvine Business Complex at MacArthur Boulevard and Jamboree Road. At the time of the purchase, the occupancy in the buildings was nearly full. Some of the tenants include UC Irvine, SGS&B Law, and Elite Education. Wind Water Realty represented KCI and will assume the property management for the project. The seller was represented by Brian Garbutt of Lee & Associates and Robert Griffith of NGKF. Read More >
Industry Veterans Eric E. Everhart to Oversee Due Diligence, Entitlements and Project Management for Southern California Infill Homebuilder
Brandywine Homes, a pioneer of infill development in Southern California, announced today it has hired industry veteran to serve as vice president of development. Eric E. Everhart, former senior project manager for Van Daele Development Corp., will perform duties related to due diligence, entitlements and overall project management of communities within the Brandywine portfolio.
Before he was at Van Daele, Everhart was vice president of development for City Ventures, a residential developer specializing in high-density, urban and downtown infill housing in California, and vice president of development and director of finance for The Olson Company, overseeing urban infill developments in Orange County and greater Los Angeles. Everhart has also worked with J.M. Peters, The Anden Group, Shea Homes, Hearthside Homes and Forecast Homes. He has a bachelor’s degree in business management with an emphasis on finance and accounting from California State University, Fullerton.
Jan 18, 2017
Brandywine Homes, a pioneer of infill development in Southern California, announced today it has hired two industry veterans to serve as vice presidents of development. Brian M. Geis, former senior project manager with William Lyon Homes, and Eric E. Everhart, former senior project manager for Van Daele Development Corp., will perform duties related to due diligence, entitlements and overall project management of communities within the Brandywine portfolio.
“Brian and Eric are experienced real estate professionals who will enhance our team,” said Brandywine Homes’ President Alex G. Hernandez. “I look forward to their contributions to Brandywine’s execution of successful infill housing communities.” Read More >
January 11, 2017 | By Carrie Rossenfeld
ESCONDIDO, CA—Self-storage may become more of an integrated part of residential development as this becomes more concentrated with much higher densities and on a grander scale, Brandywine Homes’ Mark Whitehead tells GlobeSt.com.
Whitehead: “The new [self-storage] clientele is comprised of savvy and sophisticated shoppers heavily geared to female visitors .”
ESCONDIDO, CA—Self-storage may become more of an integrated part of residential development as this becomes more concentrated with much higher densities and on a grander scale, Brandywine Homes’ principal in charge of construction Mark Whitehead tells GlobeSt.com. The firm recently purchased 3.2 acres of vacant land at 2319 Cranston Dr. in Escondido’s Kit Carson neighborhood and will build 586 self-storage units totaling on 1.74 acres and four custom homes on 12,602-square-foot to 14,000-square-foot lots. This is Brandywine’s first ground-up self-storage development project.
We spoke with Whitehead about self-storage as an integral part of residential development and where he sees this trend heading.
GlobeSt.com: What was the impetus behind the ground-up self-storage development in Escondido?
Whitehead: There were several reasons for us to entitle and build our own facility from the ground up in Escondido. First, we are able to generate greater site and product value through controlling the design, entitlement and future construction process. Second, Escondido was chosen because of its central location in San Diego County, coupled with significant projected growth in residential dwelling units, primarily multifamily in form and density, in the community.
GlobeSt.com: Is it common to include self-storage facilities as a component of homebuilding?
Whitehead: No, it is not common to include self-storage facilities as part of homebuilding or as an integrated part of any larger-scale residential development. However, it may become more related as future development becomes more concentrated with much higher densities and on a grander scale. In the case of our new complex, we were encouraged by the City of Escondido to bifurcate the site due to a significant grade break through the property that basically caused the easterly half to relate to existing single-family homes to which the new lots would face, while orienting the westerly portion toward existing commercial operations along Escondido Blvd. Well-planned developments must relate properly to existing edge conditions and neighborhoods around them. Read More >
Castella’s 21 townhomes will add entry-level housing near Los Angeles and other job centers.
Irvine, Calif.-based infill builder and developer Brandywine Homes has announced the purchase of the former Excelsior Drive Baptist Church site in Norwalk, Calif. as well as its plan to build Castella, an entry-level, 21-townhome community.
The two-and three-bedroom townhomes will feature French and Craftsman stucco exteriors, and range in size from 1,108 to 1,491 square feet. All homes include open floor plans, pre-wired security systems and private yards, while the community features a common patio, barbecue grills, and private and public parking. Read More >
Homebuyers Attracted to Transit-Friendly Community in Award-Winning School District
By Ingrid Culbert – December 23, 2016 11:06 am ET
Brandywine Homes announced today that it has sold all 13 townhomes at Lotus Court, a new community on Duarte Road near Station Square, a recently revitalized transportation hub in Monrovia, Calif.
“Homebuyers flocked to Lotus Court because it’s a one-of-a-kind community with beautiful homes and amenities that can’t be beat,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “Lotus Court is steps away from excellent public transportation, located within an award-winning school district and offers beautiful homes and park-like common areas.” Read More >
Brandywine Homes has purchased the former Excelsior Drive Baptist Church site for its third development in Norwalk. This new residential community called Castella will feature six two-story buildings offering 21 townhomes near the intersection of Studebaker and Excelsior.
“We expect these townhomes to sell quickly,” said Dave Barisic, principal in charge of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “Like our other Norwalk communities, Sunstone and Citrine, this new neighborhood will fulfill a huge need for new housing in the Norwalk area.”
Brandywine recently announced that it has sold all 16 townhomes at Citrine, which is about half a mile away from the church site, while Sunstone has sold 29 of 31 townhomes. Both opened for sale about six months ago. Read More >
Brandywine Homes has purchased 3.2 acres of vacant land at 2319 Cranston Dr in Escondido’s Kit Carson neighborhood. The firm plans to build 586 self-storage units on 1.74 acres and four custom homes on 12.6k sf – 14k sf lots. This is Brandywine’s first ground-up self-storage development project.
With housing developments to the north and east and commercial centers surrounding it, the self-storage project will consist of two contemporary stucco buildings totaling 78.1k sf, broken down as follows: a 66.8k sf, two-story building over a basement and an 11.2k sf, one-story facility.
The development will include 24 parking spaces with loading areas, six-foot-high masonry screen/noise walls along the eastern and southern boundaries, and a six-foot-high masonry block wall and wrought-iron fencing along the western boundary. Ornamental landscaping will include a 20-foot landscape buffer along property boundaries adjacent to residents.
Escondido is located in San Diego County’s North County region, 30 miles northeast of Downtown San Diego, Calif. The city is growing at a rapid rate and is one of the oldest cities in San Diego.
Posted on Dec 15 2016 – 2:09pm by Tony Gonzalez
Self storage properties have become one of the most reliable investments in real estate. Current industry estimates say that approximately 10 percent of households in the United States rent a self storage unit. And as apartment living across the country continues to rise, the demand for self storage is unlikely to go away anytime soon.
Brandywine Homes recognizes this opportunity and has decided to expand its real estate investments into self storage.
The company was founded in 1994 by Jim Barisic. Its mission has been to take properties in old neighborhoods and give them a facelift—converting run-down, under-utilized space into much-needed urban housing. Read More >