by Laura Wahlberg

www.Renaissance-Homes.com

The Graduate offers architecture inspired by an eclectic blend of our northwest craftsman. This practical and tasteful home highlights what living in the Northwest is all about. Unlike many Street of Dreams homes, this is a fully replicable home, whose features can be reproduced in any Renaissance home.

The richly appointed interior is a collage of classic materials, including rich hardwoods and textural tiles. The aim of the interior design is to create a comfortable yet sophisticated look that also incorporates the day to day conveniences of family living. The color palette is kept basic to seamlessly blend the interior with the Northwest exterior of the home.

Buy Your Street of Dreams Tickets Here

by Laura Wahlberg

www.Renaissance-Homes.com

Renaissance Homes announced  that they have begun a new division named “The Vintage Collection” and they will specialize in building in older Portland neighborhoods.  The collection will offer plans featuring traditional ‘old Portland’ architecture while bringing updated interior floor plans and features – all of which Renaissance Homes is so well known for.

“This is a passion for us and we have 26 years of unique insight gained from building homes for Portland area residents.  We are now looking to purchase existing lots in a wide variety of Portland neighborhoods and build homes that blend seamlessly with their neighbors.  We are filling a niche by blending the best of both worlds with a distinctive Portland neighborhood look with all of the consumer advantages offered by a thoroughly updated Renaissance floor plan and interior,” said Randy Sebastian, President of Renaissance.

In addition to getting a new home with current building codes being incorporated which will provide lower maintenance and utility costs, our buyers will have the advantage of the most current ‘green building’ practices of any builder in the Portland area.  Renaissance has long been seen as the industry pioneer and leader in green building, having initiated many practices which will soon become code requirements in Oregon.

Sebastian reported that Renaissance will soon begin work on several lots including one in the Sellwood area, another near the Rose City Golf Course and in North Portland.  Our intent is to provide buyers with a new way of thinking about old Portland neighborhoods.  Our homes will provide them with the ambiance of these neighborhoods the great parks, schools and quaint shopping areas coupled with the most modern building practices of any builder.”

“Our intent is to build about 100 homes a year throughout Portland in the Vintage Collection along with our various suburban neighborhoods, such as Lake Oswego, West Linn and Clark County.”  Sebastian added: “the fact is that we will build our customersthe home the way they want it designed and built, where they want it and at anytime.”

by Laura Wahlberg

www.Renaissance-Homes.com

(A Chance to Meet your Future Neighbors)

Renaissance Woods Kick-Off Party

Join US

• Come Tour the Design Center and learn more about our newest Lake Oswego Neighborhood- Renaissance Woods
• Receive floor plans and pre-release pricing
• Appetizers and Beverages Provided by Lawyers Title Insurance
• Please call (503) 545-3982 to save a seat

Monday March 1st 4pm-6pm

At the SC Design Center (near Fudruckers and Baja Fresh)

16889 SW 65th Ave, Lake Oswego, Oregon

For More Information Click Here

by Kim Whitman

www.Renaissance-Homes.com

In a bold move aimed at expanding their market beyond the Portland Metropolitan area boarders, Renaissance Homes announced today that they will commence construction of homes in South Hill/Graham, Washington immediately.  The homes will be built under the name Renaissance and under the same corporate umbrella as all of their other corporate endeavors including custom home building and remodeling work.

Company President Randy Sebastian said that ‘the expansion was one that had been long considered but the opportunity came to the forefront of his thinking when Renaissance was able to create a joint venture with a South Puget Sound land owner who has access to a generous supply of finished lots.  He indicates that construction in their first neighborhood will begin in this month.

Sebastian sees this as an opportunity to broaden his 25 year old Company’s core business by bringing lower priced homes to the market.  In Washington, our intent is to deliver a high quality home at a competitive price which meets the current consumer profile of that area.  He indicated that the homes would be in be between 1,722 to 3,044 square foot and will be priced in the from the $180,000’s.

 Sebastian acknowledged that the company’s historic strategy was to dominate the upper end of the buyer pyramid and that this move ‘represents a bold departure’ for the company. “The perception has been that our homes were only for the top tier of buyers and we wanted to meet the needs of others too. For years we have had customers wanting to own a Renaissance Home but were unable to.  This move enables us to effectively meet the needs of this buyer and bring them custom features at affordable prices.”

With respect to the company’s plans for 2010, Sebastian said it is their intent to enter the Portland Metro market with the same concepts they will be using in Puget Sound.  “This entire move is designed to meet the needs of this market based upon the expressions of interest we have received.  Land prices, however, will preclude us from reaching the lower points in the Portland market that we can achieve in Washington because of a generous supply of home sites in that market.

Renaissance has continued to build homes in Portland despite the market downturn and should be building their new line of homes in Portland in early 2010, according to Sebastian.

 Puget Sound area sales will be handled by Jerry Mahan of John L. Scott Real Estate and can be reached at jerrymahan@msn.com or (253) 691.1400.  The first two neighborhoods are Grand Firs and Winterwood, both located off of Meridian Avenue N near 512.   

Renaissance Homes is one of the area’s largest builders with neighborhoods underway in Southwest Portland, Beaverton, Wilsonville, West Linn, Lake Oswego, several in Vancouver and Camas.  For more information on Renaissance Homes, visit www.Renaissance-Homes.com .

by Randy Sebastian

www.Renaissance-Homes.com

After 15 months of intense negotiations with banks and creditors, the U.S. Bankruptcy Court for the District of Oregon today approved the Plan of Reorganization developed and submitted by Renaissance Homes.  The effective date of the emergence will most likely be in January 1, 2010 and the Judge issued this decision at 11:02 am.

Renaissance President, Randal S. Sebastian, said he was “appreciative” of the support the company received from its various banks, suppliers and contractors, large and small, and added that “without their cooperation we could not now be emerging from Chapter 11.”  The Court has ruled that there was sufficient support for adoption of the plan that Renaissance put forth to its creditors.

In September of 2008 Renaissance filed for Chapter 11 protection which provides for the opportunity to reorganize and was authorized by the Court to conduct “business as usual” during the period of protection.  He added that  “although the 15 months were difficult, we will take some valuable ‘lessons learned’ which will assist us in the operation of our business in the future.” 

While operating under bankruptcy protection, the company achieved more than $25 million in sales.  Sebastian said that his company is exploring several different initiatives which he believes will enable Renaissance to compete favorably in the Portland market.“Of note is the fact that several area land owners, developers and banks and have requested that we assist them in selling their land and lots by marketing and selling and building our homes on their land.  They recognize the value of our high quality homes and reputation of Renaissance.”

“We have been fortunate to have had most of the key employees remain with the company so we believe we are poised to create a ‘Renaissance’ for Renaissance Homes. Our homeowners  have  historically relied on our quality of construction; our high degree of ‘fit and finish;’ our state of the art green building techniques and beautiful neighborhoods, ” according to Sebastian.

“Now, in addition to our existing neighborhoods, we will build our great homes on any building site, anywhere in the Portland metro area.  Instead of asking our buyers to purchase only in our neighborhoods, we will also bring our homes to their desired locations,”  Sebastian indicted.  He added that the Renaissance website, Renaissance-homes.com enables new home purchasers a wide variety of options of building sites in many neighborhoods around the Portland Metro area.

 For additional information contact:

Randy Sebastian @ (503) 572-2557

Tim Breedlove @ (503) 572-3060

by Laura Wahlberg

www.Renaissance-Homes.com

Renaissance Homes has announced that the company is re-entering the semi-custom business of building their plans on their customers’ property – wherever that is.  Sebastian, President of the 25 year old Portland new home building company, said: “We are going back to basics.  For years people have been asking us to build one of our homes on their lot or land and we just were not set up for that part of the business – until now.”

Purchasers will have more than 100 plans to choose from and a starting price of $167,900 for the construction.  Sebastian will head up the new division, along with his sales team, which will be marketed under the Renaissance name “to take advantage of our solid reputation for quality built homes.”  Renaissance will build anywhere in the Portland Metropolitan Area, Clark County, or Central Oregon.

Renaissance currently builds in fourteen communities in Oregon and Washington and the same plans that are being built and modeled in those communities will be built ‘wherever we have the opportunity to build’.  Sebastian said, “I’m creating this division because this is what I know and do best – build a Renaissance home with proven livability on someone’s own special piece of land – it is what I’m passionate about”. 

“As our company evolved, we overlaid our custom building techniques on a production building template,” said Tim Breedlove, Chief Operating Officer, who has spent the last 12 years designing homes for the company.  Instead of every home being structurally different, “you offer plans that already have costs established, so you attain efficiencies.  The bones of the house are the same as any custom home, but you build as economically as possible.  You can build for less and pass the saving along to your customer,” Breedlove said.

Over the past 25 years Sebastian learned that many features offered as options by other builders are what most people want.  Therefore, such features as Earth Advantage and Energy Star certifications, slab granite counters, hardwood floors, and stainless steel appliances in homes are standard at Renaissance.

Sebastian indicated that the company’s internal studies suggest that the new division could generate an additional $4,000,000 in sales during 2009.  “Some have suggested that 2009 is not a good time to introduce a new business but I believe in the future of Oregon.  My passion for building goes beyond just building houses but in truly creating comfortable, high quality homes for people to live – places where children are raised, and family and friends gather.”

Renaissance Homes is one of the area’s largest builders with neighborhoods underway in Bend, Southwest Portland, Forest Grove, Beaverton, Wilsonville, West Linn, on the OGA golf course at Tukwila, several in Vancouver and Camas.  For more information on Renaissance Homes, visit www.Renaissance-Homes.com

by Laura Wahlberg

www.Renaissance-Homes.com

Randy Sebastian, President of Renaissance Homes announced that his company has been selected to oversee the marketing of a new dramatic and well located development in the heart of Lake Oswego.  He said this neighborhood “has the Renaissance feel and is ready to go, so sales and marketing efforts will begin immediately.” He added that: “this development is a sign of an improving market and also the combined and cooperative efforts of land developers, builders and marketing companies.”

“This is a premier Renaissance style location where we can build our homes and have strong market acceptance because of the location, the size and lot configuration.” He indicated that this 15 lot development of fine homes located in the area known as Riverwood and the development known as Riverwood Park.  The development offers building sites up to 7,300 square feet and homes will vary from 2,000 square feet to 3,200 square feet.  “These will be family friendly homes because of flat lots with ample back yards and a one acre open space/park within the development offering grassy areas, benches and trails.  In addition, it has the known advantage of close proximity to the well respected Lake Oswego schools  known for their academic excellence and the availability of a wide variety of recreational opportunities, including swim easement rights to the Lake Grove Swim Park,”  he said.

Prices are all based upon presales and attractive financing packages with incentives are being offered.  Base prices begin in the mid $500’s and vary depending on the home and lot selected.  Sales of Riverwood Park will be handled by Will Fendon, Broker with Keller Williams Realty SW who can be reached at 503-432-5450 or wfendon@kw.com.

Sales begin immediately and “initial interest shows that buyers are excited about the potential of owning a home in Lake Oswego.  People see that Renaissance neighborhoods have a real upscale feel to them.  Their reputation for creating award winning homes attracts people who like the idea of a quality neighborhood,” said Fendon. 

Renaissance Homes is one of the area’s largest builders with neighborhoods underway in Bend, Southwest Portland, Forest Grove, Beaverton, Wilsonville, West Linn, on the OGA golf course at Tukwila, several in Vancouver and Camas.  For more information on Renaissance Homes, visit www.Renaissance-Homes.com .

by Laura Wahlberg

www.Renaissance-Homes.com

Randy Sebastian, President of Renaissance Homes recently announced that his company has partnered with fellow Street of Dreams builder, Karey Cresap, President of Hearth & Home Construction on a new desirable project.  This neighborhood called, Cresap Summit, in a wooded setting high atop Skyline Boulevard features eight large building sites, all of ample size and on a cul-de-sac, some with dramatic area views and backing to open space. 

Building sites at Cresap Summit range from 7,000 square feet to more than 12,000 square feet with the choice of a true custom home built by Karey Cresap or a pre-assigned Renaissance Home ranging from 2,500 to 4,400 square feet.  What makes Cresap Summit unique is providing a choice in builders.

“This gives buyers the option of the full custom drawn home experience which is unlike building a pre-existing plan.  Many people want to take the time to fully customize their home down to every last detail and that’s my passion,” says Cresap. 

“The beauty of this project is that buyers have a choice.  They can build a custom home or build a Renaissance Home that they can physically walk through in one of our 14 Renaissance communities.  A custom design and build process isn’t for everyone.  Many buyers like touring our award winning Design Center and knowing all costs up front,” says Sebastian.  Base prices for these homes will be priced from the mid $500’s to the mid $700’s Sebastian said, “making these truly a must see in this market which is being driven by extremely low interest rates and the new and lower pricing.”

“This is a wonderful location in an idyllic small enclave community.  I developed this land personally and wouldn’t trust just any builder to partner with on this project.  That’s why I chose Renaissance” said Cresap.

Prices are all based upon presales and attractive financing packages with incentives are being offered.  Sales of Cresap Summit are being handled by Karey Cresap who can be reached at 503-358-5577.

Sales begin immediately and “initial interest shows that buyers are excited about the potential of owning a home close in to Portland built by Renaissance,” said Amanda Andruss, Community Manager of nearby Peterkort Woods built by Renaissance.   

Renaissance Homes is one of the area’s largest builders with neighborhoods underway in Bend, Southwest Portland, Forest Grove, Beaverton, Wilsonville, West Linn, on the OGA golf course at Tukwila, several in Vancouver and Camas.  For more information on Renaissance Homes, visit www.Renaissance-Homes.com .                      

by Laura Wahlberg

www.Renaissance-Homes.com

Renaissance is excited to announce the recent election for the 2010 Board of Directors for the Metro Portland Homebuilders Association.  In 2010, Tim Breedlove, Renaissances CEO will move into the President position. Click here to read more.