Newport Beach-based IHP Capital Partners has paired with Canada-based Anthem Properties for two new home projects in Sacramento.
The two detached projects include a 159-home development in Roseville and a 55-home project in Granite Bay. Both communities are slated to open next year; pricing has yet to be disclosed.
IHP has more than 30 residential projects in various stages of development across the U.S.
“As IHP celebrates its thirtieth anniversary in 2022, we continue to expand into key submarkets and forge strategic relationships with experienced local builders such as Anthem Properties,” Richard Whiteley, co-president and chief operating officer at IHP, said in a statement.