IRVINE, CA—Following its $2.8-billion merger with WRECO, residential developer TRI Pointe has purchased 649 new lots in seven communities in markets across the country. The acquisitions significantly expand the firm’s presence in California, Nevada, Washington and Virginia.

With the acquisitions, TRI Pointe has increased its land inventory to approximately 31,000 owned or controlled lots with more than 19,000 of those located in entitlement-constrained California.

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