The year 2016 was an eventful one for home building.
Michael Maples, Principal, CEO, Trumark Homes, Danville, Calif.
Launched in 2008 during the heart of the housing crash, Trumark Homes has achieved double-digit sales growth during each of the last three years largely by sticking to a single principle rule — build only where the jobs are. We recently sat down with Trumark Homes’ co-founder, principal, and CEO Michael Maples to discuss his business strategy.
foreclosures, housing market, rental, rental housing
A private-equity fund that generated big profits by buying up empty data centers after the technology-stock bust in 2000 is now gambling on foreclosed homes.
Tim Kane, President, MBK Homes, Irvine, Calif.
During the housing downturn, Tim Kane, longtime president of MBK Homes, scaled back his operations to match demand and searched out new opportunities for his company. Where once MBK was purely a single-family detached builder, Kane has broadened the firm’s offering to everything from live/work units to rehabbing distressed REO properties. Our discussion with Kane also touches upon the importance of differentiating product offerings versus the market and the advantages of being owned by Mitsui, a large Japanese multinational.
Generating new-home sales revenue and reducing unnecessary costs are not all that complicated — when you have a clear and concis
Generating new-home sales revenue and reducing unnecessary costs are not all that complicated — when you have a clear and concise action plan. Here are a dozen action steps for boosting your business in 2012.
Having the right culture is the key to making Lean work in an organization. To demonstrate what a culture of commitment looks li
Having the right culture is the key to making Lean work in an organization. To demonstrate what a culture of commitment looks like, Scott Sedam profiles builders that truly “get it” when it comes to Lean operations.
Most builders buy drywall turnkey, with both the material and the labor provided by the same contractor. Purchasing expert Charles Schneider offers a better solution.
toll brothers, home builders, homebuilder, acquisition
Toll Brothers announced its entry into the Seattle market through the acquisition of the assets and operations of CamWest Development.
Here’s a look at the stages of grief that builders have encountered while riding the bumpy road of the recession.
No builder or sales organization has ever successfully navigated through difficult times by relying on hope. Here’s a look at the stages of grief that builders have encountered while riding the bumpy road of the recession.
Nontraditional media sources like third-party review websites and social media outlets can make life difficult for builders. All
The rise of user-review websites and social media have made media relations and reputation management even more critical for home builders. Here are proven tactics for combating negative publicity.
home builder, homebuilder, lennar, equity
Home builder Lennar expects to close a $650 million private equity fund for its distressed real estate unit this year and open a second fund in 2012.