SOURCE: True Life Communities LLC

True Life Communities LLC

July 31, 2012 07:00 ET

True Life Communities Expands Into Arizona

True Life Communities Opens New Office to Support Arizona Acquisitions

SAN RAMON, CA--(Marketwire - Jul 31, 2012) - On the verge of a major expansion in Arizona, strategic real estate investment and development firm True Life Communities, headquartered in San Ramon, California and led by Scott Clark and Taber Anderson, has opened its newest regional office in the Esplanade Towers in the heart of Phoenix's financial district. Established over a decade ago, the company has several developments under construction and in advanced planning stages in Northern and Southern California and Colorado. The company has been analyzing and pursuing residential investment opportunities in key areas of Arizona for the past few years, and within the last several months has secured prime investments in the region with several other major acquisitions in the pipeline. The new offices in Phoenix provide a local base of operation for the company's growing regional businesses. The offices are located at 2555 East Camelback Road, Suite 770, Phoenix, AZ 85016 and the main office number is 602.626.8776.

True Life Communities focuses their acquisitions and development on unique niche opportunities in key Western metro markets where economic recovery is anticipated to occur first. This includes areas such as Phoenix, Tucson, Flagstaff, Denver, the Bay Area, and Los Angeles and San Diego Counties where the housing markets have shown signs of having hit bottom and are stabilizing, with early signs of sustained growth. "Our strategy is to identify and purchase land in partially completed subdivisions and large community developments that can be re-invigorated and re-launched in the current market at favorable competitive price points," stated Scott Clark, CEO and Managing Partner for the firm.

As the senior architect of the company's growth, Clark's vision has propelled the company forward while other similar companies have stayed back or even dissolved. The company has acquired nine subdivisions over the past two years, and plans on completing several new acquisitions this year that will build the company's portfolio to over 8,000 lots.

Recent acquisition efforts led by True Life Communities Principal Taber Anderson will ramp-up the company's strategy to provide entitled and finished lots to public and large private home builders who have become anxious to acquire entitled land and lot inventory to fuel the rejuvenated growth currently being experienced in key Western sub-markets. The company already has several parcels targeted for bulk and structured sales of this caliber. "Our business model is to work closely with our strategic builder partners in acquiring and preparing land and lots in an efficient manner to minimize risks, maximize returns, and provide 'just in time' inventory in an orderly fashion for our nation's top builders," said Anderson.

Another segment of the company's business is dedicated to resort and recreational master plans. Taber Anderson is also leading this effort for the company. Based in the new Phoenix offices, Anderson has extensive experience in developing, building and marketing resort and recreational master planned communities. As President of The Lyle Anderson Company into the early 2000's, he was instrumentally involved in award-winning communities such as Superstition Mountain, Desert Mountain and Desert Highlands in Phoenix and Scottsdale, Las Campanas in Santa Fe, New Mexico and exotic locations such as Hokuli'a in Hawaii and Loch Lomond in Luss, Scotland.

True Life Communities is a strategic real estate investment and management firm, composed of top tier professionals with over 250 years of combined industry experience in all facets of real estate acquisitions, development, management and homebuilding. The company plans to acquire and supply land for new home neighborhoods throughout the western United States as a major source of finished lots to the industry. True Life Communities derives its name from their dedication as stewards of the American Dream, creating communities of enduring value and establishing relationships based on a long-standing tradition of honesty and trust -- creating the foundation that leads to brighter futures. For more information visit www.truelifecommunities.com .

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