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Growth And Opportunity Spurs The True Life Companies To Relocate Regional Offices To Denver
"We are excited to take up residency in the heart of lower downtown," said Brock Chapman, Senior VP and Regional General Manager, Western States. "It's the epicenter for Colorado's most innovative companies."
Chapman, a fifth-generation Coloradoan and real estate industry veteran with a wealth of experience in land acquisition and financial deal structuring, added: "The move makes sense. The Colorado market has been strong and our company is expanding to support our extremely busy land acquisition and development team with a number of transactions in progress throughout the state."
According to the Denver Post, "U.S. home prices, which appreciated at a 6.5 percent pace in 2014 and a 5.1 percent pace in 2015, will gain only 1.4 percent in 2016…and Denver will lead major metro areas for home price appreciation this year." Against that backdrop, the TTLC team understands the potential of this dynamic local real estate market.
"We are addressing the challenge of affordable housing head on," continued Chapman. "Affordable housing is one of our economy's most essential building blocks, and our land sellers and capital partners have financially engineered opportunities that will provide builders with land options designed to attract the first-time homebuyer."
"We entered the Colorado market in 2013 to capitalize on the residential land acquisition, entitlement and development sectors and create a complete platform," said Scott Clark, Chairman and CEO, TTLC. "Today we have a robust portfolio of properties acquired on very attractive terms, resulting in an ideal strategic partner for capital or investment firms seeking optimum ROI while gaining access to the single-family residential sector of the real estate industry."
As a community development and real estate investment company, TTLC is a major creator of residential communities and supplier of lots and land to America's top homebuilders. TTLC has communities in various stages of planning, entitlement and development throughout the Western United States. Over the past five years, The True Life Companies has expanded rapidly with regional offices now operating in San Ramon, CA; Sacramento, CA; Phoenix, AZ; Denver, CO; Newport Beach, CA; Kona, HI; and Austin, TX.
For more information regarding TTLC's residential land or recreational master-plan portfolio, visit www.thetruelifecompanies.com.