Stay Connected



H E q

THINK. RENEW. INSPIRE.

THINK. RENEW. INSPIRE.

TRI Pointe Homes Announces Pricing Of Initial Public Offering

01/31/2013

Irvine, California, January 31, 2013 /BUSINESS WIRE/ – TRI Pointe Homes, Inc. (the “Company”) (NYSE: TPH) today announced the pricing of its initial public offering of 13,689,000 shares of the Company’s common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “TPH” on Thursday, January 31, 2013. A total of 10,000,000 shares are being offered by the Company, and a total of 3,689,000 shares are being offered by a selling stockholder, VIII/TPC Holdings, L.L.C., a fund affiliated with Starwood Capital Group. The selling stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2,053,350 shares of the Company’s common stock on the same terms and conditions.

Total net proceeds to the Company from the offering, after deducting the underwriting discount and estimated offering expenses, will be approximately $156.3 million. The Company intends to use the net proceeds from the offering for the acquisition of land and for development, home construction and other related purposes. The Company will not receive any proceeds from the sale of shares by the selling stockholder.

Citigroup, Deutsche Bank Securities and FBR are acting as joint book-running managers for the offering. Moelis & Company is acting as lead-manager, and JMP Securities is acting as co-manager.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. The offering of these securities is being made only by means of a written prospectus forming a part of the effective registration statement. When available, a copy of the final prospectus related to the offering may be obtained by contacting: Citigroup Global Markets Inc., Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (800) 831-9146; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, Email: prospectus.cpdg@db.com, Telephone: (800) 503-4611; or FBR Capital Markets & Co., 1001 19th Street North, Arlington, VA 22209, Prospectuses@fbr.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About TRI Pointe Homes, Inc.
The Company is engaged in the design, construction and sale of innovative single-family homes in planned communities in major metropolitan areas located throughout Southern and Northern California and, more recently, Colorado. The Company is headquartered in Irvine, California.

Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company’s control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s final prospectus relating to this offering, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.

Investor Relations Contact:
Nikki Sacks or Brad Cohen, investorrelations@tripointehomes.com, 949-478-8696

Archive

2014

Model Grand Opening Saturday, December 13th at Ventana in Tracy
12/12/2014

First Sales Release This Saturday, November 22nd At Ventana in Tracy
11/19/2014

Final Weekend to Save Big on Move-in Ready Homes in Brentwood
11/12/2014

Sales Center Now Open for Previewing at Ventana in Tracy
11/10/2014

Cobblestone New Single-Family Homes Coming To Milpitas
11/07/2014

Models Underway At Redstone Single Family Homes Coming This Year To Vacaville
11/07/2014

Buy Now Save Big at Barrington in Scenic Brentwood on Impressive Move-In Ready Homes
10/30/2014

Award-Winning Platt Park North in Denver
10/21/2014

Doug Bauer Builder Profile
10/02/2014

Discover Large Homes for Half the Price than the Tri-Valley Area at Barrington
09/03/2014

New Homes of Ventana Coming this Fall to Tracy
08/08/2014

Capturing and Creating Opportunity in Southern California
08/08/2014

TRI Pointe Communities Multiplying in Northern California
08/08/2014

TRI Pointe Homes Continues to Grow Throughout Colorado
08/08/2014

Interest List Now Forming for Cobblestone New Homes in Milpitas
07/22/2014

Exceptional Value at Redstone Single Family Homes Coming this Fall to Vacaville
07/15/2014

Avellino Park Opening Celebration Saturday, July 12
07/10/2014

TRI Pointe Homes Closes $2.8 Billion Merger with Weyerhaeuser Real Estate Company
07/08/2014

Discover the Best Deal in Town on New Homes in Mountain View
07/01/2014

Barrington is the Place to be in Brentwood
06/30/2014

June Specials at Avellino, Brand New Homes in Mountain View
05/28/2014

Grand Opening set for Saturday, May 31st at Truewind in Huntington Beach
05/14/2014

Grand Opening set for Saturday, May 10th at Barrington in Brentwood
04/30/2014

Sales Center Opens This Saturday At Barrington In Brentwood Preview 2 New Neighborhoods By TRI Pointe Homes
04/02/2014

TRI Pointe Homes’ Arcadia Brings New Prestige to Coveted Irvine Address
01/24/2014

Final Homes And Models Now Selling At Gated Brio In La Habra
01/16/2014

2013

2012

TRI Pointe Homes Names Key Executives In Northern And Southern California
11/21/2012

TRI Pointe Homes’ Brio To Offer Exciting New Gated Family Homes In La Habra
11/20/2012

First Escrow Closing In San Jose Heralds Success Of TRI Pointe Homes’ Expansion Into Bay Area
11/20/2012

TRI Pointe Homes’ Los Arboles In Simi Valley Selling Final Phase
11/13/2012

Holiday Move-Ins Available, New Phase Goes On Sale November 3 At Chantrea At Silver Creek In San Jose
11/13/2012

TRI Pointe Homes' Los Arboles In Simi Valley Now Offering Great Locations In Phase 4
10/19/2012

TRI Pointe Homes Appoints Matt Osborn To Head Its New Colorado Division
10/09/2012

TRI Pointe Homes’ Brio Brings Back Family Value Coming To La Habra In Early 2013
08/22/2012

Want The Most For Your Money? TRI Pointe Homes’ Ironhorse Offers So Much More, For Less
08/21/2012

Numerous Advantages Make Riverwalk Vista Riverside’S Most Popular New-Home Community
08/15/2012

Tamarind Lane At Rosedale In Azusa Is A Big Hit With Home Buyers
08/15/2012

TRI Pointe Homes’ Los Arboles In Simi Valley Now Offering Great Locations In Phase 3
08/15/2012

Grand Opening On Saturday August 11th At TRI Pointe Homes’ Ironhorse In Morgan Hill
08/10/2012

Last Cul-De-Sac Locations Now Selling At Chantrea At Silver Creek In San Jose
08/10/2012

New Phase Release At Chantrea At Silver Creek In San Jose Offering Of Cul-De-Sac Locations
07/12/2012

First Families Move Ins And New Phase Release Of Homes Signals Sales Success Los Arboles
07/12/2012

Grand Opening Of Models This Saturday At TRI Pointe Homes’ Candera In San Marcos
07/03/2012

Grand Opening This Saturday At Tamarind Lane At Rosedale In Azusa
07/03/2012

Topazridge At Riverwalk Vista In Riverside Recently Released New Phase With Money-Saving Bonus
06/05/2012

Success Of Los Arboles In Simi Valley Accelerates With Recently Released Phase 2
06/05/2012

TRI Pointe Homes’ Candera Coming To San Marcos In July
06/05/2012

Sales Success For Chantrea At Silver Creek In San Jose - Spurs New Release Of Phase Two
05/16/2012

Choose Your Own Money-Saving Bonus At Sagebluff And Topazridge At Riverwalk Vista In Riverside
05/15/2012

First Homebuilder Buys at Bay Meadows
04/15/2012

New San Jose Luxury Home Collection To Grand Open Next Weekend -- April 14th TRI Pointe Homes’ Chantrea At Silver Creek Caters To Rising Demand For Luxury Homes In Silicon Valley
04/14/2012

CHANTREA GRAND OPENING CELEBRATION UNDERWAY - TRI Pointe Homes’ Chantrea at Silver Creek Caters to Rising Demand for Luxury Homes in Silicon Valley
04/13/2012

TRI Pointe Homes’ Los Arboles In Simi Valley to Debut January 21st
01/21/2012

Tri Pointe Homes | 2011 A Year Of Growth
01/01/2012

2011

2010

TRI Pointe Homes Names Jeff Logan Vice President of Land Acquisition
12/31/2010

Final Phase Release Brings Last Chance To Own At Patria At San Miguel Ranch
11/16/2010

TRI Pointe Homes Releases Phase 2 At Castlerock To Keep Up With Strong Demand
11/16/2010

Sales Are Underway At Eagle Ridge At Arrowood In Oceanside
10/30/2010

Home Buyers Find All Their Must-Haves At Castlerock In Riverside
10/30/2010

TRI Pointe Homes Enters Partnership with Starwood Capital Group $150 Million Equity Capital Investment Positions Company for Sustained Growth
09/29/2010

Own A Spacious Two-Story Home On A Huge Lot For As Little As $1,878 A Month At Castlerock
09/27/2010

New Phase Brings Additional Opportunities At Patria At San Miguel Ranch
09/17/2010

Last-Minute Discovery Brings Family To Patria At San Miguel Ranch
09/17/2010

Grand Opening Set For Next Weekend, September 25 At Eagle Ridge At Arrowood In Oceanside Take a Computer Simulated Tour of These Impressive Ocean-Close Homes
09/17/2010

Builder And Developer Irvine Company Close-Out Success Brings More Building Opportunities By KRISTEN EICHENMULLER - 08/16/2010
08/16/2010

Own A Spacious Single-Story Home On A Spacious Lot for $2,708* Per MonthKRISTEN EICHENMULLER - 08/16/2010
08/14/2010

September Opening Set For Eagle Ridge
08/08/2010

Model Grand Opening Set For Next Weekend At Castlerock
08/08/2010

Homebuyers Experience The Patria Advantage
07/22/2010

Spacious Backyards Set The Scene For Summertime Fun At Castlerock In Riverside
06/26/2010

Secluded Hillside Location, Scenic Views Highlight Castlerock In Riverside
06/15/2010

Interest List Growing For May 8th Grand Opening at Castlerock
04/13/2010

San Diego Union Tribune Built to sell: Local response to a changing market By ROGER SHOWLEY - 02/07/2010
02/07/2010

San Diego Business Journal Real Estate Roundup By BY KATIE PIRILLO - 02/01/2010
02/01/2010

OC Metro $40 million in new homes sold on first day in Irvine By BY STEVE CHURM - 01/30/2010
01/30/2010

The Orange County Register New Development Sees Brisk Sales By BY ALEX BERGJANS - 01/31/2010
01/30/2010

Innovative New Single-Story Homes Grand Opening February 20Th At San Miguel Ranch In Chula Vista
01/27/2010

2009

Think.
Take a moment to consider what matters in your life. Reflect on how you might discover ways to make things even better, if you took the time to explore ways of doing things differently. That's the approach we take to create homes that enrich the lives of the families who live in them.
Renew.
Imagine living in a home where you always could find a place for treasured moments with your family and friends. Somewhere you could quietly create your own special memories of growing up, as well. That's the feeling we seek to renew with every new home we build.
Inspire.
Envision a place far beyond the expectations of everyday life. Lift your mind to the possibilities of a home that welcomes you to a world of friendly warmth and personal comfort. That's the dream we look forward to inspiring in the families we're here to serve.