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TRI Pointe Homes Raleigh Names Bob Davenport as Division President

RALEIGH, N.C., Jan. 14, 2021 (Globe NEWSWIRE) — TRI Pointe Houses Raleigh, a member of the TRI Pointe Team (NYSE: TPH) household of top quality regional homebuilders, has named Bob Davenport division president for its Raleigh division. Davenport brings approximately 26 a long time of merged homebuilding, finance and management working experience to the place.

In his new purpose, Davenport will do the job closely with Grey Shell, division president of TRI Pointe Homes Charlotte who has been instrumental in the growth of TRI Pointe’s footprint into the southeast area controlling more than 3,000 homesites in the Charlotte and Raleigh marketplaces in the very first two decades of operations. Davenport will proceed rising TRI Pointe Homes’ land pipeline for connected and detached initial-time and first move-up communities in Raleigh, recruiting major talent and continuing to elevate the company’s quality way of life brand. He will direct a strong startup team that has been focused on land acquisition, solution style and new neighborhood execution in the Raleigh-Durham current market, which ranks No. 1 nationally1 for homebuilding potential customers.

“We are incredibly fired up to welcome Bob and are confident he will provide as a fantastic chief for our Raleigh division, which plays a significant role in the company’s strategic designs in the significant-progress Southeast,” said TRI Pointe Group CEO Doug Bauer. “He delivers a tested observe history of accomplishment and a thorough understanding of true estate and homebuilding trends in the better Raleigh sector. Beneath Bob’s steering, the Raleigh division anticipates opening seven new communities in the up coming 12 to 18 months.”

Davenport most just lately led Beazer Homes’ Raleigh-Durham division for just about a few several years. Prior to that, the Wake Forest University graduate invested 15 decades at Pulte Houses serving as division controller and vice president of finance in which he was instrumental in growing the division’s annual output to virtually 900 deliveries across a number of purchaser segments, together with 1st-time, initial shift-up and energetic adult.

“I’m thrilled to be becoming a member of TRI Pointe Properties and just cannot wait to see the heights to which our impressive item layouts, premium homebuying expertise, talented workforce, and the beneficial marketplace circumstances acquire us,” explained Davenport. “TRI Pointe Group’s potent methods and backing, mixed with our working experience and interactions in the thriving southeast area, place us in an exceptional position for good results.”

In the next 50 % of the 12 months, TRI Pointe Houses Carolinas anticipates opening communities in Wake Forest, Chatham County, Fuquay-Varina and within the Beltline in the City of Raleigh. Townes at North Salem, which opened in Apex, N.C. in Oct, offered 23 townhomes in fewer than three months. Waterside, a 23-device townhome community in Raleigh’s prestigious inside of the Beltline submarket, is predicted to open to the public on February 6 soon after a VIP Precedence Listing Celebration on January 20. For extra data, be sure to check out www.tripointehomes.com/carolinas.

About TRI Pointe Homes® Raleigh 

Dependent in Raleigh, North Carolina, TRI Pointe Households Raleigh models, constructs, and sells progressive one-household properties and townhomes. Founded on extra than a century of blended serious estate field working experience, the organization focuses on developing good quality learn-prepared and urban infill communities during the Raleigh metro area. Devoted to insightful design and style and superior craftsmanship, the firm is environment a new normal in homebuilding and customer expertise. The corporation is a member of TRI Pointe Group®, a household of quality regional homebuilders. TRI Pointe Group is a person of the greatest homebuilders in the U.S. and was recognized as 2019 Builder of the Yr by Builder and Developer magazine and 2015 Builder of the Yr by https://www.tripointehomes.com/carolinas

1 Source:  Emerging Trends in Actual Estate 2021

A photograph accompanying this announcement is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/e472f958-d5dd-48fc-8ded-a6859d657ca0

Get hold of Katy Biggerstaff NewGround PR & Advertising and marketing 562.761.6338 / kbiggerstaff@newgroundco.com

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