New Home Co. Expands Strategic Growth in Texas with Acquisition of 105 Homesites at Bluffview in Georgetown

High-Growth Homebuilder Expands Texas Presence Following Last November’s Acquisition of Hamilton Thomas Homes; Now Operating in Austin and Houston Markets

AUSTIN, Texas (November 7, 2024) – New Home Co. today announced it finalized a transaction for the purchase of 105 homesites at Bluffview in Georgetown, Texas. The land was acquired from Riverside Resources for more than $17 million and construction is now underway on the collection of single-family detached residences.

New Home Co., a leading high-growth homebuilder, entered Texas last November with the acquisition of Hamilton Thomas Homes and now operates multiple communities in the Austin and Houston markets.

Bluffview, which will feature homes on 50’ and 60’ homesites, is New Home Co.’s fourth community in greater Austin, and it plans to begin sales and debut model homes in late 2025.

“We’re excited to bring the New Home Co. brand to Georgetown, the most active submarket in greater Austin,” said John Bohnen, Chief Operating Officer for New Home Co. “As we continue to aggressively grow in Texas, we think it’s important for prospective homebuyers to know that we have the support of our capital partners, Apollo-managed investment funds, who provide differentiated, flexible and scaled resources to support our expansion here and throughout the western U.S. We anticipate swift progress at Bluffview, where we will provide a move-up product to buyers seeking top rated schools, scenic views and direct access to the San Gabriel River Trail—all just minutes from downtown Georgetown and I-35 for convenient commutes to major employers like Apple and Dell and the natural beauty of Texas Hill Country.

For more information on New Home Co. and its communities in Texas, visit NewHomeCo.com

About New Home Co.
New Home Co. is a leading high growth homebuilder headquartered in Irvine, Calif. It has divisions within select growth markets in California, Arizona, Colorado, Oregon, Washington, and Texas. New Home Co. is one of most awarded homebuilders in the United States. It was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of “The Eliant” for providing the Best Overall Customer Experience in North America in the Eliant Homebuyers’ Choice Awards. New Home Co. has won hundreds of awards in the homebuilding industry for its design and planning excellence, dozens of “Community of the Year” awards, and was recognized five straight years for creating the best community or master plan in all the United States. For more information, visit NewHomeCo.com.

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