Business Journal: Premier Expands To Redding

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(Sacramento, CA)
Monday, June 12, 2006
Premier Homes Properties of Roseville has acquired a 15-year-old business in Redding, called Palomar Builders, owned by a husband and wife team. Palomar wanted an investment partner for a project of 1,500 homes. Premier was planning at least 1,200 homes of its own, on 600 acres by Shasta Lake. Now Premier will move ahead with both projects. The Redding market hasn’t slowed, the way Sacramento’s has in the past 12 months. It’s drawing retirees and professionals who can work from home, and want a more rural atmosphere. Premier Homes is known in the Sacramento area for smaller subdivisions with energy-efficient measures.