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Brookfield Residential Announces El Paseo Neighborhood Coming to the Village of Foothill Ranch

FOOTHILL RANCH, CA -- (Marketwired) -- 08/14/14 -- Brookfield Residential announces El Paseo, a brand new collection of innovative townhome designs coming soon to The Village of Foothill Ranch in Lake Forest. El Paseo, the Spanish definition of walkway, features authentic Spanish-inspired architecture and scenic paths to easily connect residents to private resort-style recreation and a variety of retail, dining and entertainment opportunities, all within walking distance. The new neighborhood will offer gated privacy with no Mello Roos and low HOA fees. The Welcome House is anticipated to open in September. Anyone interested in the pedestrian-oriented lifestyle of El Paseo is encouraged to register immediately at www.BrookfieldSoCal.com.

El Paseo's stylish townhomes will offer space to entertain, relax and spend quality time with family and friends. Floorplans range from approximately 944 to 1,792 square feet, with 1 to 3 bedrooms, 1 to 2.5 baths, and 1 or 2-car garages. Design highlights include great rooms, modern kitchens, decks and patios per plan. Prices are anticipated from the $400,000s-$500,000s.

"Individuals and families who value their time will appreciate the El Paseo lifestyle," said Mercedes Meserve, Vice President of Marketing for Brookfield Residential Southern California. "The convenient location is quite remarkable. Homeowners can walk to Foothill Ranch Town Centre for movie nights at the Regal Cinemas, meet a friend for lunch at one of the nearby cafes, run a quick errand at Target just across the street or pop on the nearby 241 Toll Road to go anywhere in Southern California. Even easier to access is The Cabana, the community's private recreational amenities, including a swimming pool, multi-purpose room, playground, great lawn and barbecues."

Located in a beautiful community setting at the corner of Bake Parkway and Portola Parkway, El Paseo is within the high-performing Saddleback Unified School District.

For more information on El Paseo, visit www.BrookfieldSoCal.com today.

Prices are effective as of the date of publication.

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 visitwww.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 www.BrookfieldRP.com.

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