Press Release brought to you by K. Hovnanian Homes

Model Grand Opening Celebration May 14th at Lorain 55+ Community

04/27/2016

Lorain, OH, April 2016 – Two new model homes are preparing to make their debut at K. Hovnanian’s®Morningside at Martin's Run, one of Lorain County’s most popular 55+ active-lifestyle communities. The new models, which feature all-new home designs, will open for the first time at a Model Grand Opening Celebration on Saturday, May 14th from 10:00 a.m.–6:00 p.m. During the event at Morningside, interested buyers and guests can be among the first to see and tour these beautifully furnished and decorated new model homes.

In addition, guests will be welcome to tour the community’s spectacular clubhouse, a 13,000-square-foot facility that includes a variety of indoor and outdoor amenities, meeting locations and fitness rooms for homeowners. Representatives from many of the community’s clubs will be present with tables and displays to share more about the unique lifestyle activities and opportunities available to all Morningside homeowners. Current homeowners will also be on hand to meet and greet guests and to provide a personal overview of life at Morningside. A catered breakfast will be available for anyone attending in the morning, between 10:00 a.m. and 12:00 Noon; and a catered lunch will be offered to those attending in the afternoon, between 12:00 Noon and 4:00 p.m.

The Model Grand Opening at Morningside represents a new chapter for the community, according to Derek Lewallen, Marketing Manager for K. Hovnanian’s® Ohio Division. “We’re excited to open these new models and to welcome the public to come see the new Morningside,” Lewallen said. “This is a very distinctive community that continues to appeal to a variety of 55+ homebuyers. The neighborhood was recently refreshed with new signs, beautiful landscaping and now these two new models. These are two of K. Hovnanian’s® most popular home designs, so we’re anticipating a very positive response to them at Morningside. It’s going to be a fun day and we really encourage people to come for a visit, enjoy a meal, tour these new homes, and discover why so many are choosing Morningside for their next home.”

Morningside at Martin’s Run has distinguished itself among 55+ communities in northeastern Ohio by offering a winning combination of beautiful, modern single-family home designs with a low-maintenance lifestyle and a variety of resort-like amenities – all in one convenient location. Buyers have an impressive choice of nine different single-family home designs, with some homes currently available for quick move-in. The single-story homes feature up to 2,433 square feet of living space, with two or three bedrooms, up to two-and-a-half baths, and two-car garages. Pricing, which is subject to change, is from the upper-$150s, and buyers are encouraged to ask about special tax savings opportunities in the neighborhood, as well. All homes within the community are subject to an age restriction whereby the homes are restricted to use and occupancy by at least one person of age 55 years or over, and with no permanent resident being under the age of 19.

The homes at Morningside are designed with warm, open-concept floorplans and inviting atmospheres that are ideal for entertaining and comfortable everyday living. Well-appointed owners’ suites are spacious and refined, with private baths and oversized closets. Contemporary, open kitchens feature oak cabinets and select GE® appliances. Unique design touches and finishes will be appreciated throughout the homes. The new Capri II model offers approximately 1,707 square feet of living space, with a variety of appealing options to personalize the home including an optional great room fireplace, an optional owner’s spa bath, and a sprawling, optional finished basement. The new Dorchester model is a charming home that offers approximately 1,861 square feet of living space, including a welcoming foyer and optional third bedroom.

In addition to the variety of attractive single-family homes, Morningside offers one of the area’s most appealing lifestyles for 55+ buyers. The impressive community clubhouse features a year-round indoor pool, an outdoor pool, tennis and bocce courts, a driving range, state-of-the-art fitness center, aerobics studio, fireside lounge, game room for billiards and cards, and more. Homeowners can participate in a number of clubs, social activities and events every week.

Located just thirty miles west of Cleveland and just two miles from Lake Erie, Lorain provides residents with an ideal home base to take advantage of all that the city and surrounding area have to offer. Downtown Cleveland is home to many entertainment options, from film festivals and concerts to museums, waterfront parks, tasty world-famous cuisines, and the famed West Side Market. Other recreational and family activities in the area include public beaches, 20 miles of bike trails, a boat launch, and five well-appointed city parks. Plenty of dining and shopping options are close to Morningside, including downtown Amherst with its historic Main Street and nostalgic Midwest hometown ambience. Morningside homeowners will also enjoy close proximity to major roadways in the area, including I-90 and I-80, as well as Routes 2 and 6.

Make plans to visit Morningside at Martin’s Run on Saturday, May 14th, for the community’s Model Grand Opening Celebration. Take a tour of the two new models and learn more about current opportunities, including the newest phase that is now open, at this in-demand active-lifestyle neighborhood. The community is located at 3665 Morningside Way in Lorain. For directions or more information, call 440-282-2934. You may also learn more about the community online at khov.com/ohio.

ABOUT HOVNANIAN ENTERPRISES®, INC.:

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2015 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail list, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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Source

K. Hovnanian Homes

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