The builder has bought more than 2,000 lots in the area in less than two years.
-
The state’s economy remains weak, but home buyers aren’t as scarce as they were a year ago.
-
JBGL Builder Finance buys lots and houses for The Providence Group, a new home-building entity.
-
The Connecticut-based investment firm continues to seek expansion opportunities across the U.S.
Reset prices on island lots in Charleston, S.C., help homes sell fast.
-
Institutions' expectations about profit and timeframes often don't match builders' needs.
-
The builder is reviving a stalled redevelopment project with plans to build an 85-home community.
Without legacy issues, these companies have been penetrating their markets quickly, and making money, too.
The California developer recently entered the East Coast with a large purchase in the D.C. suburbs.
Sales in master planned communities held up better in the downturn, but their future depends on finding deep-pocketed sources of capital to build them and homes that resonate with buyers.