AP NEWS

The New Home Company Names Christopher Cady as President of Arizona Division

December 19, 2018

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec 19, 2018--The New Home Company (NEW HOME, NYSE: NWHM) today announced that Christopher Cady has been named President of its Arizona Division based in Scottsdale.

Cady is a homebuilding industry veteran who brings 30 years of experience in California and Arizona to NEW HOME. He most recently served as Southern California Division President for Beazer Homes. In his new role, he will oversee operations for NEW HOME in Arizona, a division launched in 2016 and a market key to the company’s continued growth in the western United States.

NEW HOME currently has four actively selling communities in Arizona: Belmont at Somerset in Gilbert, ICON Silverleaf in Scottsdale, and the Villas and Residences at Mountain Shadows in Paradise Valley. It anticipates opening its next collection of residences, Mosaic at Layton Lakes in Gilbert, in the second half of 2019.

“All of us at The New Home Company are thrilled that Chris Cady has joined our Arizona team,” said Chief Executive Officer, Larry Webb. “He brings a wealth of industry experience to our organization. We are bullish on both the Phoenix market, and more importantly, Chris Cady.”

Prior to Beazer Homes, Cady was the Chief Operating Officer for Discovery Builders, LLC. Cady has also held Division President positions for AV Homes in Arizona, KB Homes in its Central California Division, and for Pulte Group in its Central Valley Division which opened in Sacramento and then expanded into the Reno, Nevada market. He holds a Bachelor of Science in Business Administration from San Diego State University and has earned many awards, including California’s North State BIA Builder of the Year.

“The New Home Company’s exceptional reputation for innovation and customer satisfaction are well known throughout the industry and were key factors in my decision to join the team,” said Cady. “We will continue to identify opportunities to grow NEW HOME’s position in the Phoenix market by building the right homes, in the right locations, for the right buyers.”

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. Last year, NEW HOME was named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal.

NEW HOME is a multi-year recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Awards. For two years in a row, NEW HOME was named to the Inc. Magazine Founders 40 list, recognizing public companies that have maintained a strong entrepreneurial spirit. For more information about the company or its current new-home offerings, visit www.NWHM.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005344/en/

CONTACT: Mike Hoye

Paolucci Salling & Martin Communication Arts | Public Relations

(310) 346-0845 (mobile) ormhoye@PSMCommArts.com

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA CALIFORNIA

INDUSTRY KEYWORD: REIT CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: The New Home Company

Copyright Business Wire 2018.

PUB: 12/19/2018 10:30 AM/DISC: 12/19/2018 10:30 AM

http://www.businesswire.com/news/home/20181219005344/en

AP RADIO
Update hourly