Residential

Old Town ConstructionOld Town Construction is reinvigorating the Belcrest Plaza community in Hyattsville, Md.

By Alan Dorich

After nearly 20 years, Old Town Construction has perfected its approach to its customers’ projects, owner Jared Spahn says. “[We’re] understanding to our clients’ needs and always attentive to their project budgets and timing,” he says.

Hartz ConstructionListening and responding to its clients' requests help Hartz Construction continue to fill a market niche.

By Jim Harris

Prospective buyers of a Hartz home don't have to worry if the model they're interested in isn't presently available in a neighborhood they wish to move to. “We can build almost any of our home models in any of our subdivisions,” Director of Sales and Marketing Mark Hagen says. “People can visit model homes in one subdivision, then drive around our other subdivisions knowing they can put the home they want in the neighborhood they want.”

The company’s flexibility extends to the floor plans of the homes themselves. Hartz Construction considers itself a semi-custom builder as well as a residential developer. “We sit down with our clients and they can make changes to our floor plans based on their personal preference,” he adds. “We are not a one-size-fits-all builder – we know that people have different ideas of how they want to utilize the space in their home, and that's one reason they look to new construction.”

Pensam CapitalPensam Capital rides high in the multifamily sector thanks to a strong internal culture and market savvy.

By Chris Petersen

There’s no doubt that the last several years have been good ones for the multifamily residential sector. The residual effects of the mortgage crisis have made rental properties much more attractive to people looking for new homes, and developers across the country have responded with multifamily properties that combine the convenience of apartment living with first-class amenities that rival the fanciest resorts.

Spring House BuildersSpring House Builders’ founder Steven Stowarz leverages his years of experience to build a variety of projects and keep his clients satisfied by helping them turn houses into homes.

By Janice Hoppe

Building homes is in Steven Stowarz’s blood. As a child, he would build tree houses in his backyard with nails, a hammer and two-by-fours or other lumber scraps he was able to find. “My father was afraid to go to work because there would be another tree house in the yard when he got home,” Stowarz remembers. “I built triple-decker tree houses and little roads in the back of my house.”

El Dorado HoldingsEl Dorado Benson LLC is developing the age-targeted Villages at Vigneto in Benson, Ariz., for adults who want to maintain an active and social lifestyle.

By Russ Gager

People pay financial planners to provide them with the resources they will need after they stop working full-time. But what will they be doing with this spare time and where will they be doing it? The answer to that question is the world class Villages at Vigneto – a Tuscan-themed, age-targeted community being developed in Benson, Ariz., by El Dorado Benson LLC.

“If you can imagine it, think of the community more like a cruise ship,” Development Partner Mike Reinbold says. “We are not simply building new homes. We are providing the residents with a lifestyle, one that encourages you to get out and be social.” The Villages at Vigneto will have recreation centers, golf courses and other amenities one would expect for a development of this size. But Vigneto goes further, and will give residents the opportunity to participate in any one of the numerous activity or interest clubs it will offer. El Dorado is patterning Vigneto after The Villages in Ocala, Fla., a community that has approximately 2,100 clubs for an almost endless number of interests. “You can literally pick a topic, and there will be a club for you to join,” Reinbold says.

PrestigePrestige specializes in affordable and student housing that is built to last.

By Alan Dorich

Prestige Building Co. specializes in building housing, and trust. “We are a very conscientious contractor and our main focus is protecting ownership, adding longevity and doing our job in a way that benefits long-term ownership,” says Richard Armstrong, Prestige’s senior vice president.

Based in Marlton, N.J., the full-service construction company provides general contracting, construction and construction management services for affordable and student housing projects. Prestige, which is an independent operating company of The Michaels Organization, began as a renovation contractor for military bases.

JMS CollectiveJMS Collective brings luxury apartment living to New York’s Hudson Valley.

By Chris Petersen

The Hudson River Valley of New York has some of the most breathtaking scenery in the country. So much so, that painters of the 19th century found the landscape so majestic and inspiring that they decided to settle there and start America’s first art movement: the famous Hudson River School. However, the success of a residential development in a region like the Hudson Valley requires more than stunning vistas. For any multifamily development to be successful, it not only has to take advantage of the surrounding splendor but also provide unique amenities and a lifestyle unlike anything else being offered in the area. That is where JMS Collective Business Manager John Perri says his company has the edge as it works to complete its latest development, The Falls.

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