The New Home Company Announces Ellison Park, a Collection of Modern Residences Located in the Heart of the Silicon Valley

With more than one-half of homes sold during a successful pre-sales campaign, the Grand Opening and debut of model homes is set for June 16, 2018.

MILPITAS, Calif.--()--The New Home Company (NEW HOME) (NYSE: NWHM) today announced the opening of Ellison Park, a collection of 114 modern townhomes located in Milpitas, California, in the heart of the Silicon Valley. A Grand Opening and debut of model homes is set for June 16, 2018.

“We have found that as the technology industry continues to flourish, the need for new homes that meet the architectural design standards of the savvy buyers in the area is as important as ever”

Designed by JZMK Architects, Ellison Park offers a variety of floorplans featuring 1,887 to 2,688 square feet with three bedrooms, three full baths and up to two half baths and rooftop decks on select floorplans. The townhomes are priced from the low $1 millions.

Ellison Park is centrally located near all major high-tech employment centers in the region and its residents will benefit from superior connectivity including two major freeways, light rail and the new city BART station within walking distance. The community includes several walkways and is located directly across the street from the newly planned Milpitas city park and elementary school.

“We have found that as the technology industry continues to flourish, the need for new homes that meet the architectural design standards of the savvy buyers in the area is as important as ever,” said NEW HOME Chief Marketing Officer, Joan Webb. “The fact that more than half of the homes have been sold at Ellison Park prior to the Grand Opening is validation that we’ve created something special here, and we anticipate even greater interest once we debut the model homes and begin welcoming our first residents this spring.”

Those interested in a new home at Ellison Park are encouraged to visit www.EllisonParkNWHM.com to sign up for the Interest Registry.

About The New Home Company

NEW HOME is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and Phoenix. Last year, NEW HOME was named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal. The top ranking was based on NEW HOME’s 208% revenue growth over the previous two years. NEW HOME is a multi-year recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. For two years in a row, NEW HOME was named to the Inc. Magazine Founders 40 list, recognizing newly public companies that have maintained a strong entrepreneurial spirit. For more information about the company or its current new-home offerings, visit www.NWHM.com.

Contacts

Paolucci Salling & Martin Communication Arts | Public Relations
Mike Hoye, (310) 346-0845 (mobile)
mhoye@PSMCommArts.com

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