Trumark Expands on Heels of Acquisition

Fielding at Wallis Ranch will include 139 homes.

DUBLIN, CA— Fielding at Wallis Ranch , a new 139-home neighborhood within Wallis Ranch master planned community is being developed by builder Trumark Homes and real estate firm GTIS Partners . The overall 184-acre Wallis Ranch master planned development was acquired by sister company Trumark Communities in 2014 through a partnership with Isles Ranch Partners LLC and  Castlelake LP . Fielding at Wallis Ranch will include 139 two-story single-family homes ranging in size from 1,809 square feet to 2,686 square feet. The homes were designed by architecture firms, KTGY of Oakland, CA, and Dahlin Group Architects of Pleasanton, CA. Upon full buildout, Wallis Ranch will deliver more than 800 new homes within eight neighborhoods to a region that has seen a significant boost in housing demand as a result of the thriving market located less than 40 miles away. Trumark Homes and GTIS Partners were drawn to invest in the Dublin submarket due to its high desirability among homebuyers seeking strong schools, tranquil living and close proximity to Bay Area employment. “The Dublin submarket has outperformed the national housing market over the past several years as a result of the Metropolitan Statistical Area’s constrained land supply coupled with its high desirability among homebuyers seeking strong schools, tranquil living and close proximity to Bay Area employment,” said Theodore Karatz , director at GTIS Partners. “Wallis Ranch has been designed to be a special place with an expansive base of amenities and scenic views, and we look forward to the project’s grand opening this summer.” Trumark Communities dedicated more than half of the master plan’s acreage to parks, open space and a water-quality basin. Landscape architects, Gates Associates , will incorporate a three-acre common area featuring an edible garden, fitness center, pool, spa and barbecue area surrounded by a mile of trail systems. Trumark will incorporate drought-tolerant landscaping that will use all reclaimed water throughout the master plan. On the heels of Trumark Homes announcing the acquisition of Fielding, Trumark added two seasoned controllers to its operating companies, Trumark Homes and  Trumark Urban . Laurie Byer joins the Danville office of Trumark Homes while Franziska Frey is located in Trumark Urban’s San Francisco office. The two will oversee all aspects of financial management including corporate accounting, regulatory and financial reporting, budget and forecast preparation, as well as the development of internal control policies and procedures. Trumark Companies co-founder Michael Maples tells GlobeSt.com: “The addition of Laurie and Franziska are well-timed with several largescale Trumark initiatives underway in 2016, including Trumark Homes’ recent acquisition of the Fielding neighborhood within the Wallis Ranch master planned community and as Trumark Urban prepares to launch sales in the coming months at two luxury residential projects– TEN50 in Los Angeles and The Pacific in San Francisco. We are always looking to bring the best talent onto our team who also align seamlessly with Trumark’s four cultural values: resourcefulness, responsiveness, respectfulness and integrity.” Byer has more than 30 years’ experience in the homebuilding and construction industry with an emphasis in strategic planning, financial planning and analysis. She has held positions with both private and public companies in Illinois, Minnesota, Arizona and California, including Lennar, John Laing Homes, Signature Homes and most recently, served as CFO of Industrial Electrical Company in Modesto, CA. Frey is a seasoned accounting and finance professional with particular expertise in process and policy development, full-cycle accounting, data analysis and communications. Prior to joining Trumark, she held several roles during her 10 years with the Bridge Housing Corporation , most recently serving as an accounting manager, development.