Woodbridge Pacific Group's Andrew Murphy To Address IMN Conference In Las Vegas

    MISSION VIEJO, CA, October 09, 2015 /24-7PressRelease/ -- Andrew Murphy, Chief Investment Officer of Orange County-based homebuilder/developer Woodbridge Pacific Group (WPG), will be a panelist at IMN's October 14-15 Real Estate Private Equity Forum on Land & Homebuilding (West) in Las Vegas. IMN (Information Management Network) is a global organizer of institutional finance & investment conferences.

IMN's third annual forum for the West convenes senior colleagues from homebuilding companies, funds/private equity firms, land developers, landowners and other real estate industry professionals. Focusing on private equity, debt and joint venture financing in land and homebuilding, IMN is hosting the conference at The Four Seasons. For more information please see http://bit.ly/1FfJxzJ

Murphy will address the conference October 14 at 9:30 a.m. as part of the "Entity-Level Joint Ventures/Equity Finance" panel. He will focus on financing strategies for homebuilders seeking capital for phased projects and master planned communities, and will highlight the economic and demographic drivers WPG has identified in its California markets, which encompass Riverside, Los Angeles, Orange, San Bernardino and Kern Counties.

"WPG is pursuing well-located, higher end projects for Baby Boomers, price-driven homes that get Millennials into ownership and a variety of niche opportunities that are very location-specific," Murphy said. "IMN provides an exceptional opportunity to examine current opportunities, strategies and trends from a broad range of perspectives, and I am honored to share WPG's view point as a successful, privately held company."

Murphy noted that WPG's 2014 revenues of $164 million match top performing companies nationwide. WPG's multi-project business platform encompasses real property acquisitions, land planning, entitlement activities, property sales and/or residential construction and home sales.

Boosting its expansion and diversification is an equity capital commitment of up to $200 million by its established financial partner, a private equity firm based in New York. WPG continues to strengthen its track record, with six projects in active development.

"We are taking on much larger projects in terms of land, new home volume and community amenities, and moving into a part of our business that is typically defined by large public companies," said Murphy. "This is exemplified by our master planned community of Belcourt in Bakersfield."

Also see www.woodbridgepacific.com

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