Market Overview

Foremost Companies Celebrates the Grand Opening of Its Highly Anticipated Recreational Club at Terramor

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Exclusively for Terramor's 55+ residents, The Terrace Club will offer
numerous amenities, including a resort-style pool, and sweeping views of
surrounding hills

Foremost Companies has announced the grand opening of The Terrace Club
at Terramor, its new multigenerational master-planned community in
Riverside County. The Terrace Club is one of the community's most
anticipated amenities exclusively for 55+ residents, boasting a six-acre
outdoor recreational area with a 20,000-square-foot clubhouse. The
public is invited to celebrate the Big Reveal of The Terrace Club on
Saturday, September 8th, 2018 from 11 a.m. to 3 p.m. with
activities including tennis and pickleball lessons, barre classes, live
pottery demonstrations, live music performances and art classes.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180905005115/en/

Exclusively for Terramor's 55+ residents, The Terrace Club offers numerous amenities, including a re ...

Exclusively for Terramor's 55+ residents, The Terrace Club offers numerous amenities, including a resort-style pool, and sweeping views of surrounding hills (Photo: Business Wire)

The Terrace Club will feature a resort-style pool with surrounding
cabanas offering relaxation and socialization, while an indoor saltwater
pool, extensive fitness center, tennis courts, and bocce ball and
pickleball courts will give residents the opportunity to live an active
lifestyle in the club's social atmosphere. With an emphasis on health,
the gym and wellness studio will offer a plethora of classes, with
locker rooms equipped with saunas for post-workout relaxation. The
Living Room, crafts room, and other multipurpose rooms will provide
spaces for gathering, entertainment, and socializing throughout the year.

"When we broke ground last year on the Terrace Club we had much
anticipation and excitement from our 55+ residents who are looking
forward to visiting the club and taking advantage of its amenities, and
that excitement only continues to build," said Steve Cameron, president
of Foremost Companies. "The inspiration behind the interior of the club
is to make it an extension of residents' own homes, giving them an
alternative place to relax, entertain, and recharge. The expansiveness
of the club's outdoor area reinforces the community's emphasis on
embracing the region's natural scenery and encouraging an active
lifestyle."

Upon completion, Terramor will include 1,443 single-family homes across
sixteen neighborhoods in three phases. Phase one includes six
neighborhoods, four of which are specifically dedicated to 55+ buyers.
Builders include CalAtlantic Homes A Lennar Company, KB Home, and Del
Webb, which are actively selling; and Van Daele Homes, whose
neighborhood is under development.

Del Webb's Cortina and Ardena neighborhoods include 240 single-family
homes with a variety of modern styles and floor plans to customize
individual homes for the 55+ buyer. Homes at Ardena range in size from
1,579 to 1,865 square feet, with up to two bedrooms, two bathrooms and
two-car garages. Homes at Cortina range in size from 1,999 to 2,172
square feet, with up to four bedrooms, three bathrooms, and two-car
garages.

The 105 homes in Sterling, CalAtlantic Homes A Lennar Company's
neighborhood, offer a unique array of features and amenities exclusively
for 55+ buyers, with floor plans ranging from 2,206 to 2,483 square
feet, with up to three bedrooms, two to three bathrooms and two-car
garages.

Meanwhile, the 170 homes in KB Home's two new neighborhoods, Sorrel and
Caraway, offer a unique array of features and amenities for families of
all ages. Sorrel includes three floor plans, ranging in sizes from 2,229
to 2,620 square feet, up to five bedrooms, two and a half to four
bathrooms, and a two-car garage. Caraway includes three floor plans,
ranging in size from 2,282 to 2,787 square feet, with up to six
bedrooms, two and a half to four bathrooms, and a two-car garage.

Finally, Van Daele Homes' 55+ neighborhood, Oakton, will deliver 83
elegant single-story residences (with optional second floor decks and
entertaining spaces) ranging in size from approximately 2,485 to 3,207
square feet of living space. The homes at Oakton will be available in
three distinct floor plans with charming Villa, Provence and Spanish
architectural styles.

Terramor's unique multigenerational community brings nature and active
living to the forefront, with over five miles of trails and paseos that
connect to a broader trail system, providing walking and hiking
opportunities for adults and families of all ages. Surrounded by nature,
the trails showcase gorgeous terrain, rolling trails, and picturesque
views, while providing the convenience of shaded rest areas, water
access, and restrooms. Numerous other parks and outdoor amenities,
including large and small dog parks, community garden, ball fields,
basketball courts, tot lots, and The Veranda, Terramor's first resort
style recreational club, will provide year-round recreation for
residents of all ages.

The Terramor community is well-situated just south of Corona, offering
immediate freeway access to all of Riverside County while remaining
central to surrounding Los Angeles, Orange, San Diego, and San
Bernardino counties. The Big Reveal on September 8th will
take place at The Terrace Club at Terramor, located at 11750 Temescal
Hills Drive, Temescal Valley, CA 92883. For more information about the
community or event, please visit http://terramor.com/.

About Foremost Companies

Foremost Companies is a premier land investment firm that acquires
property in strategic locations to entitle and sell high-quality
developments to home builders or commercial developers. The company and
its affiliates have owned and/or managed more than 12,000 residential
lots across California. The company's urban infill and redevelopment
team is specifically focused on Los Angeles and Orange Counties in areas
with underutilized commercial space. Foremost's senior management team
is experienced in master-planned communities and single-family detached
and attached homes, as well as multifamily, retail, office, and mixed
use. For more information on Foremost Companies, visit www.foremostcompanies.com.

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