The New Home Company Announces Seabluff, Its First Residences at Playa Vista in the Heart of Silicon Beach

PLAYA VISTA, Calif. (October 20, 2017) – The New Home Company (NEW HOME, NYSE: NWHM) has arrived at Silicon Beach. The Aliso Viejo, California-based homebuilder has announced that construction is underway at Seabluff, a new collection of 75 contemporary townhomes and stylishly stacked flats within Playa Vista, the connected urban community developed by Brookfield Residential on the Westside of Los Angeles.

Seabluff is NEW HOME’s first neighborhood at Playa Vista and is the final opportunity for attached, for-sale homes in the entire master-planned community.

Silicon Beach, which stretches along the coast from the Santa Monica Mountains to Playa Vista, is home to more than 500 innovative companies joining the high-tech sector with the entertainment industry.

At Seabluff, the highly acclaimed KFA Architecture has created modern one- and two-story designs with open floorplans, warm wood accents, patio decks and shared courtyards in residences ranging from 1,102 to 2,233 square feet with up to three bedrooms plus den for its 69 market-rate homes. Seabluff will also offer six controlled-price units, or CPUs, set aside for community-serving employees—such as teachers, firefighters, police officers, healthcare workers and other public servants—ranging from 776 to 824 square feet with one bedroom and one bath.

NEW HOME will preview floor-plan options and begin pre-sales in late winter 2017 when it opens an on-site Seabluff Sales Gallery. Pricing is expected to start in the $900,000s for the market-rate homes.

“Playa Vista is at the epicenter of Silicon Beach and has become one of the most vibrant new-home communities in Southern California,” said NEW HOME Chief Marketing Officer Joan Marcus-Colvin. “We look forward to introducing a neighborhood that will appeal to both young professionals and empty nesters looking for an attainable, low-maintenance residence next to the region’s best tech, creative and entertainment companies, exceptional restaurants and resort-style amenities.”

Seabluff is within walking distance to The Campus at Playa Vista, the vibrant mix of creative offices that is home to tech companies such as IMAX, Google, YouTube Space L.A., Yahoo, and ICANN, and media firms including Group M, Fullscreen and 72andSunny.

Seabluff is also close to the dining at Playa Vista’s retail and entertainment center Runway Playa Vista and to the recreation of The Resort, a private resident club. Residents of Seabluff will also enjoy Playa Vista’s 29 urban parks, including Concert Park, a community favorite for outdoor concerts and movies, picnics, food trucks, yoga and leisurely walks.

Those interested in a new home at Seabluff are encouraged to visit www.SeabluffNWHM.com to join the Interest Registry and receive updates on the progress of the neighborhood.

About Playa Vista
Playa Vista, a Brookfield Residential community, is one of the most innovative and connected urban communities in the United States. Located on property once occupied by Howard Hughes’ aircraft plant, runway and hangars, Playa Vista today is a thriving and evolving mixed-use hub for homes, creative offices, retail, parks and open space as well as home to special events. More than 10,000 people now live and work in Playa Vista. The community’s final collections of homes are among the few new, for-sale offerings in Silicon Beach, where property values continue to appreciate.