TRI Pointe Group (NYSE: TPH), one of the top 10 largest public homebuilders in the United States based on equity market capitalization, announced today its expansion into Austin, Texas, growing the company's platform into another major U.S. market. The expansion is a result of an initial acquisition in Hays County by Houston-based Trendmaker Homes, a member of the TRI Pointe Group. The acquisition will ultimately include 38 lots for single-family homes within the Belterra master-planned community by Crescent Communities. While this is Trendmaker Homes' first official land acquisition in Austin, the company is in the process of securing additional homesites at a second location, further demonstrating plans to strengthen its presence in the city.

"Austin marks an exciting milestone for us," said Doug Bauer, CEO of TRI Pointe Group. "TRI Pointe Group is a growth-oriented homebuilder focused on some of the country's top performing housing markets and Trendmaker Homes' expansion into Austin aligns with our overall land acquisition strategy. It also demonstrates TRI Pointe's ability to leverage our national resources and leadership, while utilizing the regional expertise and agility of Trendmaker's local builder brand."

With an attractive amount of new home starts and new jobs in the last 12 months alone, TRI Pointe Group and Trendmaker Homes recognized the great opportunity Austin offered for expansion into this region.

"After nearly 45 years in the Houston market, we are thrilled to grow our footprint in Texas," said Will Holder, president of Trendmaker Homes. "Austin has experienced tremendous job growth in the last year and, as a member of the TRI Pointe Group, we are well-positioned both financially and operationally to expand our platform, bringing Austin homebuyers new designs as well as the included features that Trendmaker has become known for."

Situated within the San Saba neighborhood of Belterra, Trendmaker's homes will feature unique designs to complement the region's Hill Country landscape. The eight floor plans with three elevations each will range from 3,400 square feet to 4,200 square feet. Sales are slated to begin in January 2016, with a targeted grand opening planned for April 2016.

Located near Dripping Springs, Texas, off of Highway 290 West, Belterra's 1,600 acres of rolling hills offers residents the convenience of city living and resort-style amenities within the beauty of the Texas Hill Country. Recognized by the Austin Business Journal as the 2015 Master-Planned Community of the Year, the development includes more than 400 acres of open space and more than six miles of native and landscaped trails throughout the community.

For more information on TRI Pointe Group, please visit

About TRI Pointe Group

Headquartered in Irvine, Calif., TRI Pointe Group (NYSE: TPH) is a family of premium regional homebuilders that design, build and sell homes in major U.S. markets. As one of the top 10 largest public homebuilding companies by market capitalization in the United States, TRI Pointe Group combines the resources, operational sophistication and leadership of a national organization with the regional insights, community ties and agility of local homebuilders. The TRI Pointe Group family includes Maracay Homes in Arizona, Pardee Homes in California and Nevada, Quadrant Homes in Washington, Trendmaker Homes in Texas, TRI Pointe Homes in California and Colorado, and Winchester Homes in the Washington, D.C. area. TRI Pointe Group was recognized as 2014 Developer of the Year and 2015 Builder of the Year. For more information, please visit

About Trendmaker Homes

Established in 1971, Trendmaker Homes is recognized as one of Houston's premier new home builders. Over the decades, Trendmaker has defined the concept of a luxury home for generations of Houstonians. The company focuses on the needs and desires of the most discriminating home buyers through innovative designs and customer service. Trendmaker's logo, the iconic "T", is more than a symbol of a premier home; it represents nothing less than a superior home-buying experience. Trendmaker Homes 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 top 10 largest public homebuilders by market capitalization in the U.S. For more information about Trendmaker Homes, please visit

Forward-Looking Statements

Except for the historical information contained in this press release, the matters set forth in this press release, including statements regarding the Company's plans with respect to building and selling homes, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, the effect of general economic conditions, including employment rates, housing starts, interest rate levels, availability of financing for home mortgages, the strength of the U.S. dollar, adverse weather, regulatory approvals, labor shortages and other risks detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2014 and other documents subsequently filed with or furnished to the Securities and Exchange Commission. However, it is not possible to predict or identify all such risks and uncertainties. Consequently, while the foregoing list is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. These forward-looking statements are based on current information that may change and you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statement to reflect events or circumstances after the issuance of this press release.

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