The New Home Company Announces Amethyst, First-of-its-Kind Residences in Irvine’s Great Park Neighborhoods

Amethyst showcases some of region’s most innovative and contemporary
architecture and represents NEW HOME’s initial offering at one of the
top selling communities in the nation.

New Home Company
(NEW HOME; NYSE: NWHM) today announced the opening
of Amethyst, a first-of-its-kind enclave of 54 paired homes at Parasol
Park, the newest community in Irvine’s Great Park Neighborhoods. A
public Grand Opening and debut of two model homes at Amethyst is set for
Saturday, January 21, 2017.

Showcasing some of the region’s most innovative and contemporary
architecture, select homes at Amethyst will offer NEW HOME’s unique Life
Space options including the Flex Suite, with a private entrance and the
freedom to customize spaces into an urban studio, guest pad, creative
office space, or whatever may fit a family’s needs.

Designed by SDK Atelier Architecture + Planning in a variety of
floorplans ranging from 1,806 to 2,197 square feet with up to three
bedrooms and three baths, the residences at Amethyst are surrounded by
parks, pools, playgrounds, outdoor kitchen and a community GreenHouse.
Prices will start in the high $600,000s.

Amethyst represents NEW HOME’s initial offering at the Great Park
Neighborhoods, recently named one of the top selling master-planned
communities in the nation. Shortly after the model home Grand Opening,
NEW HOME will release the first phase of Amethyst residences to those on
its priority list.

“We’re extremely pleased to be among this next group of builders to
begin sales at Parasol Park with the opening of Amethyst,” said NEW HOME
Chief Marketing Officer, Joan Marcus-Colvin. “In terms of design
innovation, there is nothing else like Amethyst in Irvine. When you
combine our modern and innovative architecture with the wealth of
educational and community lifestyle amenities that both Irvine and Great
Park Neighborhoods offer, we think Amethyst will be an exciting and
affordable option for those looking to live here.”

To sign up for the Amethyst interest list and receive updates on the
sales process and community progress, visit

About Parasol Park in Irvine

Great Park Neighborhoods has defined a new way to live in Irvine, a
lifestyle that emphasizes personal health, re-assessed priorities,
convenience and connectivity. Parasol Park will embody the true spirit
of a Great Park Neighborhood, woven together with walking and biking
paths, and community amenities including parks, playgrounds and
Recreation Center. Parasol Park is about the collaborative energy of
neighbors, bringing people together in a new, different way, in the
popular city of Irvine. For more information on Parasol Park and Great
Park Neighborhoods, visit:

About The New Home Company

NEW HOME is a publicly traded company listed on the New York Stock
Exchange under the symbol “NWHM.” It is a new generation homebuilder
focused on the design, construction and sale of innovative and
consumer-driven homes in major metropolitan areas within select growth
markets in California and Arizona, including coastal Southern
California, the San Francisco Bay area, metro Sacramento and Phoenix.
NEW HOME is a multi-year recipient of “The Eliant” for Best Overall
Customer Experience
in the Eliant Homebuyers’ Choice Award’s
multi-divisional builder segment. In 2016, NEW HOME won a total of 23
Eliant Awards, including nine First Place Awards, the highest number
earned by a home builder in this year’s competition. For two years in a
row, NEW HOME has been named to the Inc. Magazine Founders 40
list, recognizing newly public companies that have maintained a strong
entrepreneurial spirit. For more information about the company or its
current new-home offerings, visit


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