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Brookfield Residential Announces La Cresta, the Final and Most Luxurious New Homes to Debut in Villages of Irvine's Village of Woodbury

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Homeowners will enjoy immediate access to a variety of resort-inspired parks, including Date Palm Square, which is within walking distance and Woodbury™ Town Center is also a short stroll from home. The award-winning Woodbury Elementary School is an easy walk from La Cresta, an important advantage for families with younger children.

The award-winning Village of Woodbury™, within the Villages of Irvine®, was inspired by classic American small towns and villages of the past. A traditional grid design encompasses unique "districts" of residential homes, highlighted by 16 neighborhood parks positioned around "The Commons" -- a 30-acre central gathering place with athletic fields, a tot lot, recreation center and swimming pools close to miles of open space trails and paseos, award-winning schools, diverse shopping and dining, and much more.

Created by Irvine Company Community Development, the Village of Woodbury is located in the City of Irvine. The City of Irvine was recently ranked by Money Magazine as the "6th Best Place to Live in America." The highly-acclaimed master-planned community is renowned for allowing residents to enjoy a unique lifestyle unmatched in the region -- some of the best schools in the state; America's safest city for eight straight years; abundant open space, parks and recreational opportunities; and world-class dining, entertainment and employment. For more information on the Villages of Irvine, please visit www.villagesofirvine.com.

Prices are effective as of the date of publication.

About Brookfield Residential Properties

A leading North American land developer and homebuilder, Brookfield Residential operates in 10 markets with two operating divisions. Brookfield Communities entitles and develops land for the communities we develop, and also sells lots to third-party builders. Brookfield Homes designs, builds and markets our single and multi-family residences. Brookfield Residential is listed on the NYSE and TSX under the symbol BRP. For more information, visit www.brookfieldrp.com.



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