TRI Pointe Group (NYSE:TPH), Irvine, has named Phil Bodem president of TRI Pointe Homes Sacramento.
Bodem, most recently president of the Southern California Division at Meritage Homes, brings more than 16 years of divisional president experience to his new position, with many of those years spent focused on all aspects of development in the Sacramento and Central Valley regions.
“Phil has had a successful career as a divisional president for national builders, such as Taylor Morrison and Meritage Homes and has demonstrated a talent for leading both start up and existing operations with proven success in growing revenues, improving the customer experience and fostering a team-oriented, collaborative culture with his teams,” said Tom Mitchell, president and chief operating officer of TRI Pointe Group. “He has a comprehensive knowledge of all aspects of the home building business and an alignment with the business philosophy, culture, and values at TRI Pointe Group, making him the ideal choice to lead our Sacramento division.”
Bodem has joined a growing division, which anticipates opening its first community of 102 homes within the Twelve Bridges master planned community in Lincoln, CA in the summer of 2019. Two additional communities, both under development within the Folsom Ranch master planned community in Folsom, CA and slated to open in 2020, will offer a total of 222 homes. The division also has three other communities with more than 200 home sites in feasibility in the South Placer submarket.
While remaining consistent and disciplined in the land it chooses to acquire, TRI Pointe Homes Sacramento will continue to look for opportunities to develop communities for multiple market segments ranging from entry-level to move-up to high-end locations near new employment centers, desirable schools and convenient services.
“As it continues its steady growth, the Sacramento divisional team will have the advantage of leveraging TRI Pointe’s national resources and leadership, while utilizing Phil and his team’s regional expertise and experience to act with the agility of a local builder brand,” said Mitchell.
