About Paramount Homes

November 29, 2005

Developer Previews Paramount Homes Escapes Ocean Breeze

Active Adult Community to VIP Buyers
Info Center "Sneak Peeks" Start on Sunday, December 4

Barnegat/Stafford, New Jersey – Paramount Escapes Ocean Breeze (www.oceanbreezenj.com), a long-anticipated active adult community now being built, will open its Route 72 West information center on Sunday, December 4 with a "sneak peek" for registered VIP buyers or those interested in signing up to become one.

"Our VIP buyers have been asking for an up-to-date community aimed at active-lifestyle adults," said Carolyn Villani, Vice President, Sales and Marketing, Paramount Homes, Inc., the developer. "They deserve a first-hand look at Ocean Breeze, and they will be pleased by what we've done."

Paramount Homes' focus on customer service, along with special emphasis on design and construction, has earned the developer several prestigious honors and home builder awards. Most recently, its innovative VIP buyer program and marketing strategy gained two Silver Awards from National Association of Home Builders for North Beach Asbury Park, the first luxury condominium community to lead off the residential revitalization of the City by the Sea.

Ocean Breeze's serene setting is a combination of wooded landscape and ponds, and it is surrounded by over 100 acres of preservation and dense natural forest. The community is just minutes from the boating and fishing of Barnegat Bay, the oceanfront of Long Beach Island, and is within easy driving distance of Atlantic City.

Planning for the neighborhood includes several home designs and extensive use of brick and stucco finishes. Each spacious home design ranges in size from approximately 1,900 to over 2,600 sq. ft. Most have "loft" spaces and additional living areas to accommodate family and friends.

Paramount Homes brings its reputation for attention to detail in design and construction to an entirely new market segment with Ocean Breeze. The lifestyle planning reflects the increased emphasis buyers put on exercise, health and family. The highlight of the community's amenities is a 16,000-sq. ft. clubhouse, designed as an "owner's retreat" for resident activities and socializing that includes a grand ballroom with fireplace. Ocean Breeze will also boast a fully-equipped fitness center, indoor pool with whirlpool spa, outdoor pool with sun deck, tennis, bocce and all-purpose courts, bike paths, walking trails, and other areas for the preservation forest, part of which was donated by Paramount Homes to Barnegat/Stafford Township.

Each home will have premium finishes, a Paramount Homes design specialty. In fact, residents can use the developer's enormously popular customization program, Paramount Possibilities, with its numerous pre-designed structural options, to create a personalized vision of the style and comfort they want in their new home environment.

Paramount Escapes Ocean Breeze is the first "active adult" community that Paramount Homes has developed for its new Paramount Escapes brand. The division will develop a series of New Jersey communities designed to appeal to 55+ adults with resort-style amenities, picturesque surroundings, various streetscapes to encourage walking, biking, fitness and socializing, and several single-family styles. As a medium-size company, Paramount has the flexibility to respond quickly to marketplace demands; the new Escapes brand is one of four distinct brands. Others focus on single family homes (Classics), estate-caliber homes (Legends) and luxury condominium communities in urban settings (Centro), defined by North Beach Asbury Park, which has nearly come to symbolize the "City by the Sea's" revitalization.

Starting Sunday, December 4, the team at Paramount Escapes Ocean Breeze will be onsite at the Information Center on Route 72 West. For more information about Paramount Escapes Ocean Breeze, please e-mail: info@oceanbreezenj.com or call (732) 886-2900. Online VIP buyer registration is available by clicking to http://www.oceanbreezenj.com/.