The Ashton in Belmont Launches Condominium Sales

Regis Homes Bay Area, The Ashton, Belmont, Polaris Pacific, Caltrain, City Center, Tricon Capital, Dahlin Group, Bay Area

New Website Allows Prospective Buyers to Discover 73 New Residences

BELMONT, CA (October 2, 2018) – Regis Homes Bay Area (RHBA) is now selling homes at The Ashton, a new luxury condominium community located at 400 El Camino Real in Belmont. The 73-residence community includes two four-story residential buildings as well as a separate, one-story, approximately 4,900-square-foot retail center. Residences at The Ashton will feature spacious floor plans, hardwood floors, and premium interior finishes. Prospective residents can visit theashtonbelmont.com to explore floor plans and request more information about purchasing a home. The Ashton is marketed exclusively by Polaris Pacific.

“This new development will add 73 new, conveniently located homes to Belmont, which is very much in need of new for-sale housing,” says Jeff Smith, Senior Vice President of Residential Development at RHBA. “With the Belmont Caltrain station within walking distance and the 101 freeway nearby, these homes will create a transit-friendly, centrally located community that will offer proximity to nearby entertainment and employment centers.”

Located at the prominent corner of Davey Glen Road and El Camino Real, The Ashton will include 27 one-bedroom, 27 two-bedroom, and 19 three-bedroom homes ranging from approximately 700 to 1,775 square feet. Four two-story, live-work townhomes will also sit on a private drive across from the retail building.

Residents will have access to a number of sophisticated amenities, including a well-appointed lobby for welcoming guests and lounging, a state-of-the-art fitness center, an outdoor patio with barbecue, bike storage, and 138 parking spaces.

The project is conveniently positioned in the City Center neighborhood of Belmont, a district with top-rated schools and many nearby employers.

RHBA’s financial partner on the project is Tricon Capital, while the design/development team includes architectural design firm Dahlin Group, civil engineer BKF, structural engineer Nishkian Menniger, and general contractor Regis Contractors Bay Area.

About Regis Homes Bay Area
Regis Homes Bay Area and its affiliates, Sares Regis Group of Northern California and Regis Contractors Bay Area, are regional companies based in San Mateo, California. As leading developers and managers of commercial and residential real estate in the western United States, the companies have more than 6.5 million square feet of commercial properties valued at $500 million and over 2,800 residential units under development. Since its inception, the company has acquired or developed approximately 46 million square feet of commercial properties and 20,000 multifamily and residential housing units. For more information, please visit: www.SRGNC.com.

About Tricon Capital Group Inc.
Tricon is a principal investor and asset manager focused on the residential real estate industry in North America with approximately $5.6 billion of assets under management. Tricon invests in a portfolio of single-family rental homes, for-sale housing assets and purpose-built rental apartments, and manages third-party capital in connection with its investments. Our business objective is to invest for investment income and capital appreciation through our principal investment business and to earn fee income through our Private Funds and Advisory business. Since its inception in 1988, Tricon has invested in real estate and development projects valued at approximately $20 billion. More information about Tricon is available at www.triconcapital.com.

About Polaris Pacific
Polaris Pacific is the West Coast leader in high-density real estate sales and marketing. The company leverages insight and foresight to deliver unparalleled experiences in major urban markets including Northern and Southern California, Arizona, Colorado, Hawaii, Oregon and Washington. Visit http://polarispacific.com/ for more information.