Residential

With its family ownership, The Warmington Group enjoys many advantages over other homebuilders, President and CEO Jim Warmington Jr. says. Along with having the ability to make decisions quickly, “The family’s reputation has also allowed us to get access to many sellers and opportunities,” he says.

After more than 25 years, Ole South Properties Inc. has grown from modest beginnings to become a local industry leader, CEO John Floyd says. Today, “We’re the largest homebuilder in Tennessee,” he declares.

Based in Murfreesboro, Tenn., Ole South specializes in developing and building affordable townhomes and larger step-up homes. A veteran of the real estate industry, Floyd began his career in 1983 at the age of 23 as a landlord for a rental property he purchased.

Although Mill Creek Residential Trust opened its doors only two years ago, the team of executives behind the scenes has gained nearly three decades of experience working together as a team. Developed by former Trammell Crow Residential employees, Mill Creek Residential Trust (MCRT) now features a team of multifamily executives offering experience, confidence, integrity and reliability.

One of the Southeast’s most recognized real estate developers is continuing a more than 40-year tradition of building quality apartments and other homes in prime markets.

“Superb locations, innovative land planning, exceptional design, attention to detail, outstanding amenities and excellent business and community partnerships – these are trademarks of our communities and the foundation for our success,” Blacksburg, Va.-based HHHunt says.

Investing in a home is often seen as a cornerstone of the American dream. In Texas, Gehan Homes has for decades been building and selling stylish new homes that are competitively priced and fit the individual needs of the company’s buyers.

“We have about 50 model homes around the state and use conventional and sophisticated means to bring traffic into those sites,” CEO Tim Gehan says. “People find us, and we do a good portion of our business through realtors. In Texas, a lot of homebuyer decisions are driven by the quality of school district, and we evaluate that to be sure our properties are in desirable communities.”

Location – it’s the buzzword of the real estate market. If developers find the right location to build, then it’s almost guaranteed that potential renters will come in droves. And that is precisely the strategy that AvalonBay has followed since it became a real estate investment trust in 1994. By building in high-barrier-to-entry markets, the company has reported revenues of $900 million.

A key role in one of southwest Michigan’s largest new residential developments is expected to be a catalyst for growth for an area homebuilder. Powell Construction Services LLC started work on Hideaway Cottages in 2010. The neighborhood is located within Harbor Shores, a 530-acre golf resort and residential community now under development in Benton Harbor, St. Joseph and Benton Township, Mich.

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