Brookfield Residential Wins Multiple Gold Nugget Awards

COSTA MESA, Calif., July 9, 2014 /PRNewswire/ -- Brookfield Residential (NYSE: BRP) has won an impressive three, top Gold Nugget awards for "exceptional concepts in design, planning and development" for its Playa Vista community in West Los Angeles. Among the Grand Award recognitions were Detached Residential Project of the Year for Playa Vista's new-home neighborhoods which debuted in February; Best Single Family Detached Home, 3,500 - 3,999 Square Feet, for Trevion, the "beautifully detailed modern home" built by Brookfield Residential at Playa Vista; and Best On the Boards Site Plan for Playa Vista's Phase II community plan, now completing construction. The Gold Nugget awards are presented annually by PCBC, the gathering of America's most prominent residential builders, developers, architects, building scientists, lenders, investors, marketers, and product manufacturers. Playa Vista is developed by Brookfield Residential.

Brookfield Residential and the homebuilders at Playa Vista were also recognized with these Gold Nugget Awards:

• Grand Award, Best Single Family Detached Home, 2,000 - 3,000 Square Feet: for Woodson, which judges called the "unique, well-designed urban home" built by TRI Pointe Homes at Playa Vista.
• Award of Merit, Best Single Family Detached Home, 2,500 - 2,900 Square Feet: for Asher, built by KB Home at Playa Vista.
• Award of Merit, Best Single Family Detached Home, 3,500 - 3,999 Square Feet, for Trevion's Plan 2 design.

"Brookfield Residential is so pleased that the Playa Vista community design and homes were so highly recognized," said Alison Banks, Playa Vista's Director of Marketing for Brookfield Residential.  "And we are very proud that our homebuilders – TRI Pointe Homes, KB Home and Brookfield Residential – were individually awarded as well. It is rare for one community to dominate the Gold Nuggets. This achievement is a testament to the thoughtful vision and meticulous detail of this modern community and its new, detached residences. We are certain that Playa Vista's new, attached residences would also have been recognized had they been open during the judging."

In their written statement awarding Brookfield Residential's Playa Vista Best On the Boards Site Plan, "The judges applauded the plan's ambitiousness, cohesion and clear intention for a knit-together neighborhood. One jury member who often drives by the site summed it up when he said, community is already happening here."

Complete information about Playa Vista's new neighborhoods and their integration with the entire community is available at www.PlayaVista.com.

About Brookfield Residential

Brookfield Residential Los Angeles is a premier lifestyle provider comprised of a dedicated, knowledgeable team of professionals with the passion and experience to craft exceptional new homes, neighborhoods and communities. From the goals of first time buyers to the prestige of luxury homes, we are proud to offer opportunities that embrace a diversity of aspirations. Respected as an award-winning innovator, we are recognized for delivering consistent quality, design details and an outstanding customer experience. Please visit BrookfieldSoCal.com for more information.

Brookfield Residential Properties Inc. is a leading North American land developer and homebuilder with operations in eleven major markets. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in selected, strategic real estate opportunities, including infill projects, mixed-use developments, infrastructure projects, and joint ventures. Brookfield Residential is listed on the NYSE and TSX under the symbol BRP.

For more information, visit BrookfieldRP.com.

SOURCE Brookfield Residential