The New Home Company Announces Ellison Park, a Collection of Modern Residences Located in the Heart of the Silicon Valley

MILPITAS, Calif. (June 12, 2018) –The New Home Company (NEW HOME, NYSE: NWHM) today announced the opening of Ellison Park, a collection of 114 modern townhomes located in Milpitas, California, in the heart of the Silicon Valley. A Grand Opening and debut of model homes is set for June 16, 2018.

Designed by JZMK Architects, Ellison Park offers a variety of floorplans featuring 1,887 to 2,688 square feet with three bedrooms, three full baths and up to two half baths and rooftop decks on select floorplans. The townhomes are priced from the low $1 millions.

Ellison Park is centrally located near all major high-tech employment centers in the region and its residents will benefit from superior connectivity including two major freeways, light rail and the new city BART station within walking distance. The community includes several walkways and is located directly across the street from the newly planned Milpitas city park and elementary school.

“We have found that as the technology industry continues to flourish, the need for new homes that meet the architectural design standards of the savvy buyers in the area is as important as ever,” said NEW HOME Chief Marketing Officer, Joan Webb. “The fact that more than half of the homes have been sold at Ellison Park prior to the Grand Opening is validation that we’ve created something special here, and we anticipate even greater interest once we debut the model homes and begin welcoming our first residents this spring.”

Those interested in a new home at Ellison Park are encouraged to visit www.EllisonParkNWHM.com to sign up for the Interest Registry.