SAN FRANCISCO—City Ventures, therapidly-growing California homebuilder says that PhilKerr has been named Northern CaliforniaPresident.

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Kerr, based in City Ventures' San Francisco office, has beenpromoted from his position as vice president ofdevelopment. As division president, he will oversee theplanning, development and implementation of all the company'scommunities in the region. In Northern California, City Ventures isfocusing on the construction of townhomes, condominiums, lofts,mixed-use neighborhoods, live-work residences and single-familydetached homes from the San Francisco peninsula through the SiliconValley and in the East Bay.

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“We own a tremendous amount of land in Northern California andsee the region as key to our strategic expansion,” said CityVentures CEO Mark Buckland. “Phil has a successfultrack record of leading the development process for residential andmixed-use communities in the Bay Area. His passion for what we doas a company and his vast experience in land acquisition,entitlement, design and construction will ensure that we continueto grow and prosper. Phil clearly understands our business cultureand development approach, as we've worked closely together for over11 years, which makes him the absolute right choice for us asdivision president. We are proud to have him leading our operationsup north.”

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The announcement of Kerr's new position comes on the heels ofCity Ventures announcing that is sold approximately 2,000homesites in separate transactions to William LyonHomes and Lennar Corp. According toBuckland, City Ventures plans to use the approximately $350 millionin capital raised in those land transactions to purchase more landthroughout California.

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“We remain aggressive in our pursuit of land,” said Buckland.“We are specifically focused on Northern California, so the timingof Phil's new position could not be better. He and his team willsource land acquisition opportunities that fit our mission ofbuildings homes in areas that need them most.”

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City Ventures is focused on repositioning underutilized realestate into thoughtfully designed homes in supply-constrained urbaninfill areas and high-demand suburban markets.

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Kerr has actively worked with land owners, government agenciesand cities to develop high-quality communities throughoutCalifornia.

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Prior to joining City Ventures, Kerr oversaw acquisition,design, entitlement and construction for the Bay AreaTownhome and Mid-rise Division of Intracorp.Before Intracorp, Kerr was with The Olson Company where he managedthe entitlement and development of projects in the East and SouthBay markets of the San Francisco region. Kerr earned his MBA fromHarvard University and his bachelor's degree fromDartmouth College.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.