LOS ANGELES — September 17, 2018 —

Habitat for Humanity of Greater Los Angeles to Honor Holly Robinson Peete, The La Galaxy, and Watt Companies at 2018 Los Angeles Builders Ball.

Habitat for Humanity of Greater Los Angeles (Habitat LA) will honor Holly Robinson Peete, The LA Galaxy, and Watt Companies at its 2018 Los Angeles Builders Ball to be held on Thursday, September 27 at the Beverly Hilton. This annual event celebrates outstanding individuals and companies that share Habitat LA’s commitment to revitalizing and transforming the landscape of Los Angeles. In addition to recognizing the organization’s counterparts in building and real estate related industries, this event also raises funds and awareness for Habitat LA’s Building a Greater Los Angeles campaign to empower low-income families by building strength and stability through homeownership.

“The 2018 Los Angeles Builder’s Ball honorees are true change makers and we are thrilled to honor them,” said Erin Rank, President and CEO, Habitat LA. “Their commitment to serve the greater Los Angeles community and their personal involvement with Habitat LA has made a significant impact in the lives of our current and future homeowners and neighbors across LA County.” The distinguished 2018 honorees include:

– Holly Robinson Peete will receive the Dream Builder Award in recognition for her commitment to helping those in need through the HollyRod Foundation, which provides compassionate care and services to underserved individuals and families that are financially and emotionally affected by autism and Parkinson’s disease. Holly has volunteered with Habitat LA several times and has served as its National Women Build Week spokeswomen.

– The LA Galaxy will receive the Foundation Builder Award in recognition of their commitment to helping those in need through the LA Galaxy Foundation. The LA Galaxy Foundation is dedicated to assisting the community through soccer programming that promotes inclusion for all athletes, education opportunities, and a strong spirit of volunteerism. The LA Galaxy has been an important partner and long-time supporter of Habitat LA for nearly a decade.

Watt Companies, one of the nation’s largest owners, developers, and managers of commercial real estate on the West Coast, will receive the Builder of the Year Award for their commitment to creating holistic communities to work and grow, while incorporating quality and innovation. Since their founding, Watt Companies has been committed to finding solutions to resolve the homelessness crisis and the Watt family has a strong continued commitment to affordable housing solutions.

The 2018 Los Angeles Builders Ball will feature a VIP reception, followed by dinner and special musical performance by world-famous percussionist and entertainer, Sheila E.

This year’s event is made possible by the generous support of many sponsors including Platinum Sponsors: Bank of America, Watt Companies and EY, Red Carpet Sponsor: Los Angeles Magazine, as well as Gold Sponsors: AECOM, Centennial, City National Bank, Eisner Law Firm, Faithful Central Bible Church, George Smith Partners, KPMG, the Lelia Fund, Majestic Reality Co., Parking Company of America, Proskauer, Wally and Erin Rank, Southern California Edison, So Cal Gas, Trammell Crow Company, The Valdes Family, Jim and Beth Zachary, ZGF Architects, Zuber Lawler & Del Duca, and Zurich.
Past honorees include: Earvin “Magic” Johnson, Morley Builders, Quincy Jones, “Sugar” Ray Leonard, Luc Robitaille, Arnold Schwarzenegger, Maria Shriver, Mauricio Umansky, Delta Air Lines, Bank of America, and Trammell Crow Company.

Habitat LA has built, renovated or repaired more than 1,300 homes in Los Angeles and around the globe, helping to transform the lives of thousands of Angelenos. By 2020, Habitat LA has a goal to invest $100 million into revitalizing neighborhoods and increasing access to affordable homeownership and home repair opportunities. This investment will benefit the local economy by building strong and stable homes in partnership with families, individuals, volunteers, municipalities and donors, which will bring strength and stability to local communities throughout greater Los Angeles.

2018 Los Angeles Builders Ball Committee includes: Co-Chair, Raul Salinas, AlvaradoSmith; Co-Chair, Brad Cox, Trammell Crow Company; Michele Blay, Goodwin; Terri Haack, Terranea Resort; Carl Jordan, U.S. Bank; Jan Karl, Morley Builders; Christina Lee, Trammell Crow Company; John Manganiello, Bank of America Merrill Lynch; Tammy McGuiness, KPMG; Michelle Meghrouni, Southern California Gas Company; Dane Treister, Seyfarth Shaw; and Araceli Villegas, Ringstar Sports.

Sponsorship opportunities and tickets are available online for this annual sell-out event. For questions regarding sponsorship, please contact Helen Dosta, Director of Development at hdosta(at)habitatla.org or (424) 246-3653.
About Habitat for Humanity of Greater Los Angeles

Habitat for Humanity of Greater Los Angeles (Habitat LA) brings people together to build homes, communities and hope. As the top nonprofit homebuilder in the greater Los Angeles area with five consecutive Charity Navigator 4-Star ratings, Habitat LA has partnered with volunteers, donors and Habitat homeowners to build, renovate and repair more than 1,300 homes locally and worldwide since 1990. The lives of thousands of individuals have been transformed as a result of having a decent and affordable place to call home. Habitat homeowners help build their own homes and pay an affordable mortgage. By supporting Habitat LA through volunteerism, donations and supporting affordable housing, everyone can help families achieve the stability and self-reliance they need to build a better future. To learn more, visit http://www.habitatla.org.

By IvyLee Rosario — 12 September 2018 —

Dubbed New Heights, the gated community in West Hills will comprise 43 homes. Vertical construction of the $25 million project is slated to begin in December 2018.

Watt Communities and Presidio Residential Capital has broken ground on a new gated community in Los Angeles’ West Hills neighborhood, in the San Fernando Valley. Dubbed New Heights, the property will comprise 43 single-family homes. This development marks Watt Communities and Presidio Residential Capital’s fifth joint venture project. The 1.9-acre site was acquired back in May.

Located at 22135 Roscoe Blvd., the lots will range in size from 1,900 to 2,290 square feet at the site. The property is situated within 30 minutes of downtown Los Angeles. Vertical construction of the $25 million community is slated to begin in December 2018.

“With its beautiful rolling hills and tranquil lifestyle, West Hills is one of the hottest sleeper markets in the Los Angeles metro area, and we’re pleased we can relieve the pressure on homebuyers with this beautiful new neighborhood,” said Nam Joe, division president for Watt Communities, in a prepared statement. “We are anticipating high interest in this new community.”

Last summer, a joint venture between Presidio Residential Capital and Family Development won city approval to develop a $451 million master-planned community in Riverside County, Calif. The 660-acre project will include 1,300 townhomes, condominiums, apartments and single-family homes, as well as 284 acres of open space and public parkland and a 2.5-acre commercial center.

Presenting a limited collection of 20 single-family homes offering up to 1,665 sq. ft. of living space.

Watt Communities has commenced sales at Entrada, the company’s latest new-home project located in Sylmar, CA. These highly anticipated homes are now available to preview via detailed virtual tours. The two-story floorplans feature between 1,546 – 1,665 sq. ft. of living space, 3 bedrooms, private yards, two-car side-by-side garages and modern farmhouse inspired architecture.

“We continue to see strong demand for new homes in core Los Angeles submarkets such as Sylmar,” says Southern California Division President, Nam Joe. “With interest rates still at historically low levels and the attractive price point of Entrada, we encourage interested buyers to come visit us before this limited collection of 20 homes sells out.”

Entrada provides an ideal location for those seeking proximity to work, schools and recreational amenities. Los Angeles Mission College, less than ¼ mile away from Entrada, serves as a hub of culture and community involvement for the area. For commuters, freeway access is quick and easy, with the 210 and 118 freeways less than 2 miles away and the 5 and 405 freeways under 4 miles away.

Homes at Entrada are currently selling in the high $400,000’s and are sure to go quickly! Those interested in a new home at Entrada are encouraged to schedule an appointment by calling (818) 815-3399 or visit www.EntradaSylmar.comfor more information. The Sales office is open daily from 10AM-6PM.

by Daily News — A collection of residences in one of Southern California’s most sought-after neighborhoods. 

There’s been much excitement around the previewing of Moreton Place in Glendora—a limited collection of 40 single family detached new homes by Watt Communities.

These spacious floor plans offer between 1,634 and 1,782 square feet of living space, up to four bedrooms and a two-car garage. Guests can explore the virtual tours in the sales office, as models are scheduled to debut in late 2018.

“We are excited to share this new home community in one of Southern California’s most sought after neighborhoods,” said Southern California Division President Nam Joe. “This location offers residents convenient access to excellent schools, local dining and shopping, and the Foothill Gold line.”

Established in 1887, Glendora is nestled in the foothills of the San Gabriel Mountains. Glendora Village has been voted as one of the best downtowns in the San Gabriel Valley. It hosts dozens of restaurants, cafes, shops and boutiques along the main street with many community events scheduled throughout the year. A small-town vibe combined with a consistently high-ranking school district have made the city an attractive choice for homebuyers. Glendora Village offers unique dining and shopping experiences for everyone.

Our commitment to building quality homes coupled with close attention to detail make Watt Communities a smart choice. Residents will enjoy a low monthly HOA fee that covers a community tot lot, picnic area and built-in barbecue. These two-story homes are pre-selling in the $600,000s.

Those interested in a new home at Moreton Place are encouraged to schedule an appointment by calling 626-773-4444 or by going to MoretonPlaceGlendora.com. The sales office is open 10 a.m. to 6 p.m.

LOS ANGELES–(BUSINESS WIRE) — Competition rewards the most innovative and scalable approaches to services for the homeless population in L.A. —  The Watt Family is awarding a total of $350,000 to implement two winning ideas selected through the LA Homelessness Challenge, a competition to reward scalable service models and game-changing solutions to serve those experiencing homelessness in L.A. County.

“By funding awards through the LA Homelessness Challenge, we are optimistic that we will be able to find groundbreaking and scalable solutions that will provide tremendous relief to the thousands of homeless people in our City, and ultimately, ease us out of this crisis once and for all.”

Tweet this

Los Angeles currently has the largest population of chronically homeless residents in the nation, a distinction that has become an identifying mark for the city and a rallying point for people fighting against this growing crisis.

“For 70 years, our family has been building homes for Angelenos. We understand the importance of having a safe and welcoming place to live,” said Nadine Watt, President of Watt Companies. “By funding awards through the LA Homelessness Challenge, we are optimistic that we will be able to find groundbreaking and scalable solutions that will provide tremendous relief to the thousands of homeless people in our City, and ultimately, ease us out of this crisis once and for all.”

The LA Homelessness Challenge is a partnership between United Way of Greater Los Angeles, the Home for Good Funders Collaborative, and the Watt Family. To select the winners, the LA Homelessness Challenge brings together a panel of foundations and other private and public organizations committed to alleviating the homelessness crisis in Los Angeles. Through this competition, we aim to deliver a pipeline of solutions that can easily expand with more support. Each proposal will be read by a panel of judges, and all applicants will be provided with comments and feedback to further develop each solution, regardless of whether the idea is selected as a winner.

At a time when the voters of Los Angeles have agreed to spend hundreds of millions of dollars to tackle homelessness through Measures H and HHH, we must ask those serving our homeless population to consider how to scale. Many have struggled on the front lines of this cause with limited support for too long, and as the wave of new public funding approaches, now is the time to consider how expansion brings its own set of unique challenges. Applicants must have at least one or more team members with experience working with homelessness in Los Angeles County.

To learn more or register to apply, please visit www.lahomelessnesschallenge.org.

About Watt Companies

Watt Companies offers comprehensive and diversified real estate services across the United States to investors and partners, homebuyers and commercial customers. These services include commercial development, homebuilding, asset management, and the realization of capital investments. In its 70-year history, Watt Companies has developed homes for over 100,000 families, built over eight million square feet of industrial and professional office space, developed more than 50 shopping centers, three major first-class hotels, and six major master-planned communities.

Contacts

for Watt Companies
Molly Hogin
(310) 974-693
molly@sugermangroup.com

Entrada is a limited collection of 20 single-family detached homes with 3 bedrooms and 2 ½ baths. The modern open floorplans, ranging from approximately 1,553 to 1,665 sq. ft., are great for entertaining friends and family. Located within an established area, a feeling of traditional values and community fills the space. 

These homes provide an ideal location for those seeking proximity to work, schools, and recreational amenities. 

Los Angeles Mission College is less than ¼ mile and serves as a hub of culture and community involvement for over 30 years, offering concerts and events like the San Fernando Valley Food & Wine Festival.

For commuters, the 210 and 118 freeways are less than 2 miles away, with the 5 and 405 freeways under 4 miles. If you need to catch a flight, Bob Hope Airport is approximately 9 miles away. 

El Cariso Community Regional Park is less than 1 mile away and offers swimming, tennis, golf, hiking, baseball and cycling. Enjoy additional recreational amenities at the San Gabriel Mountains and Knollwood Country Club. 

Close attention to detail is what makes a new home at Entrada special. Over 71 years of experience and innovation has gone into creating homes that are just as relevant and energy efficient today as they will be for years to come.

STEVEN SHARP — Construction is underway for Asher Pointe, a new development of single-family detached homes in Gardena.

The project, which comes from Watt Communities, is rising on a long-vacant lot at the intersection of 168th Street and Normandie Avenue.  Plans call for 21 for-sale homes in a mix of two- and three-story structures.  Each will feature four- and five-bedroom layouts ranging between 2,257 and 2,664 square feet.

According to an official project website, sales prices begin in the high $600,000s.

Asher Pointe offers 21 single-family, detached homes with up to 5 bedrooms. The spacious open floor plans, ranging from approximately 2,257 to 2,665 square feet, make them inviting to friends and family. Centrally located in a gated community, a feeling of traditional values and a sense of neighborhood fills the space.

Schools are all close, and with the 110 and 405 freeways both less than ½ mile away the commute is shorter. For convenience, there are four large shopping centers and a great variety of nearby restaurants, parks and recreation.

WEST HILLS, CA, (GLOBE NEWSWIRE) — Watt Communities and Presidio Residential Capital have acquired 1.91 acres in West Hills, Calif., where they plan to build a new gated community with 43 single-family homes. The joint venture partners expect to break ground in August 2018 and begin vertical construction in December 2018 on the neighborhood. The retail value of this project is expected to exceed $25 million.

“With its beautiful rolling hills and tranquil lifestyle, West Hills is one of the hottest sleeper markets in the Los Angeles metro area, and we’re pleased we can relieve the pressure on homebuyers with this beautiful new neighborhood,” said Nam Joe, division president for Watt Communities, which specializes in infill development. “We are anticipating high interest in this new community.”

This residential project will offer lots ranging in size from 1,900 to 2,290 square feet at the infill site, which is located at 22135 Roscoe Boulevard in West Hills, just off the 101 freeway in the San Fernando Valley. West Hills offers small-town, family-friendly charm with many trees and parks and is just 30 minutes from downtown Los Angeles.

According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 43 single-family homes will generate $12.3 million in local income, $1.5 million in taxes and other revenue for local governments and 30 local jobs.

This project is Watt Communities’ 5th joint venture project with Presidio Residential Capital, a San Diego-based real estate investment company.

About Presidio Residential Capital
Presidio Residential Capital is a real estate investment company focused on the residential housing sector. Headquartered in San Diego, California, the firm provides capital in the form of joint ventures for the entitlement, development and build-out of for-sale residential projects throughout the Western United States. Presidio has infused more than $1 billion into the economy to capitalize the housing industry. The firm’s goal is to invest in excess of $150 million in capital for home-building projects in the Western United States in the next 12 months. It currently has investments in Arizona, California, Nevada, Colorado and Washington with current committed capital of $800 million focused on 100+ projects. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Current assets under management total more than $2.5 billion. Online and social media:www.presidioresidential.com, Facebook, Twitter and LinkedIn.

About Watt Communities
Founded in 1947 by Ray Watt, this third-generation family-owned business is a multi-faceted company. The company successfully grew from a small building business to a large real estate development organization credited with more than $6 billion in completed projects. Watt Communities is highly regarded in the home building industry as a premium quality builder. The company is widely recognized by industry leaders, financial institutions, and the brokerage community for its expertise in community entitlements, land acquisition and development, home building operations, and financial management. www.wattcommunities.com

ANAHEIM, CA, /PRNewswire — Watt Communities is pleased to announce the grand opening of Cava, 41 gated new homes in Anaheim priced from the high $400,000’s. Cava will debut three-story townhomes with five floorplans offering up to 4 bedrooms and 1,755 square feet.

The homes will span from 1,511 – 1,755 square feet with three to four bedrooms, up to three and one-half baths and a two or three-car attached garage. All homes include a kitchen island, interior laundry space and dual sinks in the master bathroom. The Plan 5 offers the convenience and privacy of the fourth bedroom on the first floor. Resident’s will also appreciate Cava’s low-density design providing more space between buildings.

Interior amenities will include: recessed light fixtures, raised panel interior doors, chrome exterior hardware, and two tone Dunn Edwards paint throughout. Kitchens will feature Thermofoil cabinets, silent roller guides, granite countertops, and self-cleaning range and oven plus quiet power dishwasher.

Some of the many special care built-in appointments feature vinyl dual glazed low-e windows, water saving showerheads, tankless water heater, low flush water saving toilets and central air conditioning and heating.

Cava homeowners may also upgrade their interior finishes and choose from wood flooring, additional electrical and lighting options, security systems, mirrored wardrobe doors, and advanced wiring for surround sound, computers, stereo and satellite television.

Our prime Anaheim location puts homeowners in the center of it all. Enjoy an Angel’s baseball game or cheer on the Anaheim Ducks at the Honda Center. Catch a movie at Downtown Disney or a music performance at the City National Grove of Anaheim.

Cava is Buena Park adjacent and only 2 miles from Knott’s Berry Farm, offering even more recreational options to residents. Coming soon is The Source, poised to be the premiere destination for the Buena Park community. It will anchor the north end of Buena Park’s famous Entertainment Zone and feature a unique selection of shopping, dining, and entertainment options.

Join us this weekend at the Cava Grand Opening. The sales center is located at 2651 West Lincoln Avenue in Anaheim, California. For more information about Cava visit online www.CavaLivingAnaheim.com or call (714) 361-6700. For more information about Watt Communities, visit online at www.wattcommunities.com

VENTURA, CA / PRNewswire — Watt Communities is pleased to announce the grand opening of Enclave, 91 new homes in Ventura, CA. Join us February 20-21 and tour the three professionally decorated models while enjoying sips and snacks.

Buyers may choose from three floorplans with up to four bedrooms spanning 1,637 – 2,189 square feet. As an added bonus, there are no Mello Roos taxes or HOA dues. Prices start in the high $400,000’s.

All the homes at Enclave are two-story in design and include a kitchen island, second floor interior laundry room, and two-car attached garage. The Plan 2 offers three bedrooms and two and one-half baths within 1,637 square feet. The Plan 3 spans 1,794 square feet and also includes three bedrooms and two and one-half baths. Plan 4 comes standard as a three bedroom three bath home with a private first floor office or optional fourth bedroom within 2,189 square feet.

Exterior details included complete rear and side yard fencing, beautifully landscaped front yards, lighted street address fixture, waterproof electrical outlet at rear yard and front entry plus sectional roll-up garage door with openers.

Interior accents showcased are tile flooring and carpeting, designer selected light fixture package, 3 1/4″ baseboards, white cabinetry throughout, and stylish interior doors. Kitchens are complete with a Frigidaire appliance package, granite slab countertops, 6″ backsplash, pull out chrome faucet, quiet roller guides on drawers and recessed lighting.

Master suites are designed with a double sink vanity, separate commode area, and spacious walk-in closet. Energy-efficient and safety features designed into every home include a programmable night set back thermostat, dual-glazed vinyl windows with Low-E3 glass, direct wired smoke detectors with battery back up, tankless water heater and dead bolt locks on front entry and garage entry doors. For a complete list of all price included features, visit our website here.

Join us this weekend at the Enclave Grand Opening and tour the three professionally decorated models. The sales center is located at 10630 North Bank Drive, Ventura, CA 93004.

For more information about Enclave, visit www.enclavelivingventura.com or call (805) 202-7288. For more information about Watt Communities and our upcoming neighborhoods, visit www.wattcommunities.com