IHP and California West Communities form development JV

IHP Capital Partners and California West Communities have closed a joint venture partnership to develop Skyhaus, a collection of 100 townhomes located in San Marcos, Calif.

“Following our past success in the San Marcos market, and with the backing of IHP’s dynamic support and experience, California West has very high expectations for Skyhaus’ success. The opportunity to deliver a contemporary and attainably priced neighborhood of two-story townhomes with some of the area’s most sought-after views is extremely rare in our industry,” said Robby Thorne, CEO of California West Communities.

The Skyhaus project is currently under construction.

Upon its opening in late 2019, the community will feature two-story townhomes with floor plans ranging from 752 square feet to 1,745 square feet.