Media Coverage

The Sun-Gazette: “SJV and Presidio offer Kensington neighborhood homes in low $200,000s”

Categories: Media Coverage | Posted: October 17, 2018 | No Comments »

Posted by:  Posted date: October 17, 2018 In: BusinessReal Estate

San Joaquin Valley Homes and Presidio Residential Capital to build neighborhood offering 134 single-family houses in Tulare

@TheSunGazette

TULARE – Housing in Tulare County is one of the biggest problems facing the Valley’s economy. Economic Chris Thornberg says the lack of single-family home construction is concerning because it will mean higher overall prices for homebuyers.

“It’s because we don’t build enough,” Thornberg said at a conference in May of this year. “We only have half of the building permits we need annually.” Read the rest of this entry »

Builder: “SJV HOMES PLANS CENTRAL VALLEY COMMUNITY”

Categories: Media Coverage | Posted: October 15, 2018 | Comments Off on Builder: “SJV HOMES PLANS CENTRAL VALLEY COMMUNITY”

Posted on: 

Garden homes in Tulare will start in the low $200,000s.

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital plan to break ground this month at Kensington, a new residential community offering 134 detached single-family houses priced from the low $200,000s in Tulare in California’s Central Valley.

The neighborhood is expected to be open for sale by Spring of 2019. The retail value of this project is estimated to exceed $33 million.

“With this beautiful new community, we’re offering growing families and young professionals an opportunity to live within one of the most desirable areas in the Central Valley,” said Danny Garcia, vice president of sales at SJV Homes. “With this price point, we believe we’ve hit a particularly sweet spot in this marketplace, and we expect these homes to move quickly.”

Kensington will offer garden houses with three plans ranging from 1,297 – 1,597 square feet, all on lots averaging 6,000 square feet. The community will include a park and a pond.

Located about one mile east of State Route 99, a Central Valley transportation corridor that connects Fresno to the north and Bakersfield to the south, Kensington is on Cartmill Street immediately west of Mooney Boulevard, next to SJV Homes’ sister community called Brighton in Visalia. The community is a 45-minute commute from Lemoore Naval Air Station and south Fresno.

This is a joint venture project with Presidio Residential Capital, a San Diego-based real estate investment company that funds 100% of the projects and operations of SJV Homes. To date, SJV Homes and Presidio have partnered on 22 projects totaling more than 2,475 units.

Founded in 2013 by Joe Leal, Jim Robinson and Randy Merrill, SJV Homes closed on its 1,000th home in September 2017, making it one of the region’s most active home builders.

The Business Journal: “134-home community in Tulare set to break ground”

Categories: Media Coverage | Posted: October 12, 2018 | Comments Off on The Business Journal: “134-home community in Tulare set to break ground”

Published on October 12, 2018 – 2:09 PM
Written by David Castellon

San Joaquin Valley Homes and Presidio Residential Capital are expected to break ground later this month on a new 134-home community in Tulare.

Plans are for the Kensington development to offer detached single-family houses from 1,297-1,597 square feet, with each of the three plans priced from the low $200,000 range, states a press release from the developers.

The estimated cost of the project is expected to exceed $33 million. Read the rest of this entry »

The Sun-Gazette: “Local home builder expands to Fresno County”

Categories: Media Coverage | Posted: October 10, 2018 | Comments Off on The Sun-Gazette: “Local home builder expands to Fresno County”

Posted date: October 10, 2018 In: BusinessReal Estate

San Joaquin Valley Homes to build 150-home community, Summerlyn, in Kingsburg

@TheSunGazette

KINGSBURG – A Visalia-based homebuilder has expanded its portfolio to include Fresno County.

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently acquired 53 acres in Kingsburg, Calif., and plans to build Summerlyn, a new community offering 150 single-family detached homes. Construction is set to begin next month and a grand opening is tentatively scheduled for February of 2019. Read the rest of this entry »

Builder and Developer: “Home Developer Partners to Build 80 Single-Family Homes on 15 Acres”

Categories: Media Coverage | Posted: September 20, 2018 | Comments Off on Builder and Developer: “Home Developer Partners to Build 80 Single-Family Homes on 15 Acres”

September 20, 2018

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land in Porterville, California. The partners plan to build Cambria, a new neighborhood with 80 single-family detached garden homes. The project is expected to break ground in September—and will begin model construction in January 2019. The retail value of this project will exceed $18 million.

“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.” Read the rest of this entry »

The Sun-Gazette: “Visalia homebuilder expands to Porterville”

Categories: Media Coverage | Posted: September 12, 2018 | Comments Off on The Sun-Gazette: “Visalia homebuilder expands to Porterville”

Posted by: Posted date: September 12, 2018 

San Joaquin Valley Homes to break ground on 80-home neighborhood in west Porterville

@TheSunGazette

PORTERVILLE – A Visalia-based home builder is now building homes in Porterville.

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land on Henderson Avenue in Porterville and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes and its first in Porterville. The partners plan to break ground this month ­and will begin model construction in January 2019. The retail value of this project will exceed $18 million.

“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.” Read the rest of this entry »

The Business Journal: “San Joaquin Valley Homes announces 80-home subdivision”

Categories: Media Coverage | Posted: September 6, 2018 | Comments Off on The Business Journal: “San Joaquin Valley Homes announces 80-home subdivision”

The Cambria subdivision will include “garden-style” homes in a semi-rural area of Porterville.

Published on September 5, 2018 – 12:15 PM
Written by The Business Journal Staff

Visalia-based San Joaquin Valley Homes announced it has closed on a deal for 15 acres of Porterville-area farmland to build an 80-home subdivision.

The $18-million “Cambria” project will break ground this month on Henderson Avenue in Porterville with single-family homes ranging from 1,297 to 1,597 square feet with open floorplans, three bedrooms and two bathrooms on lots ranging from 4,750 to 5,840 square feet.

It is the 21st joint venture project with lending partner Presidio Residential Capital, a San Diego-based real estate investment company that bankrolls the projects.

Founded in 2013 by Joe Leal, Jim Robinson and Randy Merrill, SJV Homes has sold more than 1,000 homes, making it one of the most active homebuilders in the region, according to a news release.

Builder: “SJV Homes Plans 80 Homes in Porterville, California”

Categories: Media Coverage | Posted: September 5, 2018 | Comments Off on Builder: “SJV Homes Plans 80 Homes in Porterville, California”

Acquires 15 acres of farmland and plans detached garden homes.

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land on Henderson Avenue in Porterville, California and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes.

The partners plan to break ground this month and will begin model construction in January 2019. The retail value of this project will exceed $18 million. Pricing was not disclosed.

“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.”

Cambria will offer modern single-story homes ranging from 1,297 to 1,597 square feet with open floorplans and three bedrooms and two bathrooms on lots ranging from 4,750 to 5,840 square feet. The community is surrounded by rural residential and agricultural properties.

Located in west Porterville, about two miles west of Highway 65 and 15 miles east of State Route 99, Cambria is 30 minutes from Tulare and 45 minutes from Visalia. Porterville serves as a gateway to Sequoia National Forest, Giant Sequoia National Monument and Kings Canyon National Park. Cambria is also close to the Riverwalk Marketplace. Local employers include the Porterville Unified School District, Porterville Developmental Center, Sierra View District Hospital, Walmart Distribution Center and Eagle Mountain Casino.

This is SJV Homes’ 21st joint venture project with Presidio Residential Capital, a San Diego-based real estate investment company that funds 100% of the projects and operations of SJV Homes.

Founded in 2013 by Joe Leal, Jim Robinson and Randy Merrill, SJV Homes has sold more than 1,000 homes, making it one of the most active homebuilders in the region.

According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 80 single-family homes will generate $22.9 million in local income, $2.9 million in taxes and other revenue for local governments and 315 local jobs.

 

The Registry SF: “San Joaquin Valley Homes and Presidio Residential Capital Acquire 15 Acres for New Home Community in Porterville, Calif.”

Categories: Media Coverage | Posted: September 5, 2018 | Comments Off on The Registry SF: “San Joaquin Valley Homes and Presidio Residential Capital Acquire 15 Acres for New Home Community in Porterville, Calif.”

September 5, 2018

Local Home Developer to Build Cambria, Offering 80 Single-Family Homes

PORTERVILLE, Calif., (Sept. 04, 2018) – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land on Henderson Avenue in Porterville and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes. The partners plan to break ground this month – and will begin model construction in January 2019. The retail value of this project will exceed $18 million.00

“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.” Read the rest of this entry »

Porterville Recorder: “San Joaquin Valley Homes to build 80-house community on West Henderson”

Categories: Media Coverage | Posted: September 5, 2018 | Comments Off on Porterville Recorder: “San Joaquin Valley Homes to build 80-house community on West Henderson”

Posted: Wednesday, September 5, 2018 6:00 am

$18M project scheduled to break ground this month

Those in search of new-construction homes in town will soon have more neighborhoods to choose from, as San Joaquin Valley Homes of  Visalia announced Tuesday it has acquired property in Porterville to build an entire community of new residences.

The construction company and Presidio Residential Capital recently closed on 15 acres of farm land on West Henderson Avenue and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes. 

The partners plan to break ground this month and will begin model construction in January 2019. The retail value of the project will exceed $18 million.

“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.”

Cambria will offer modern single-story homes ranging from 1,297 to 1,597 square feet with open floorplans and three bedrooms and two bathrooms on lots ranging from 4,750 to 5,840 square feet. 

The community is surrounded by rural residential and agricultural properties.

The homebuilders are optimistic about the economic impact the new neighborhood will have in Porterville. According to information cited in their press release from the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 80 single-family homes will generate $22.9 million in local income, $2.9 million in taxes and other revenue for local governments and 315 local jobs.