Tag Archives: homebuilder

Gerald Green, P.J. Tucker

Fulton Homes Presents $76,500 to Suns Charities

Monday night just before tip-off of the Phoenix Suns-Memphis Grizzlies game, Fulton Homes Vice President Dennis Webb presented a $76,500 check to Suns Charities for the season-long “Proud to Own the 3-Point Zone” program. Throughout the season the Tempe-based homebuilder paid $100 each time a Suns player drained a three-point shot. Monies collected will go to support the U.S. Navy League, an organization that serves and supports all sea services of the U.S. Navy, Marine Corps, Coast Guard and Merchant Marines, the Joe Foss Institute and the Central Arizona Mountain Rescue Association (CAMRA).

For more than ten years Fulton Homes has partnered with the Suns to give back to a wide variety of charitable organizations. Last year through the 3-Point Zone program Fulton Homes donated $46,000, which was shared with the Youth Assistance Foundation and CAMRA.

“Fulton Homes is happy that the great success the Suns had this season will benefit the U.S. Navy League, the Joe Foss Institute and CAMRA,” said Fulton Homes CEO Doug Fulton. “Fulton Homes is dedicated to giving back to a community that has given so much to our family throughout the years.”

integrity

Fulton Homes helps launch ‘Character Counts’ program

Bricks and cement may create a home’s foundation, but honesty and character build a solid foundation for young adults.

Tempe-based homebuilder Fulton Homes is partnering with KTAR Sports Radio 620 for the Fulton Homes Character Counts program. KTAR listeners will be encouraged to nominate a 12- to 17-year-old student athlete who has exhibited character. Beginning in November and continuing through April, one winner from all of the nominees will be chosen each month to win a $100 gift certificate to Sports Authority. At the end of the school year a celebratory banquet will be held for the top 12 finalists who exemplified true character and good sportsmanship, and one athlete will be awarded a $5,000 scholarship courtesy of Fulton Homes.

Every Tuesday a “Character Counts” segment will air on Sports Radio 620 during the Doug and Wolf Morning Show. Former NFL player Ron Wolfley and sports radio personality Doug Franz will discuss what builds great character in sports and the importance of good sportsmanship. Listeners will be invited to visit CharacterCountsAZ.com to nominate a local athlete who exemplifies great character through their actions. Each monthly winner – or “Good Sport” – will be interviewed on video by Ron Wolfley, and will be featured both on-air and online.

“Character is not something a person is born with; we must take responsibility to form and mold it,” Doug Fulton, Fulton Homes CEO, said.  “This program acknowledges the many young adults in our community who are excelling in both sports and in their own lives. Fulton Homes is proud to recognize good character in our young adults and the outstanding model of character they are exhibiting for others.”

The Character Counts program is another in a series of programs which include the Fulton Homes Noon Salute, Teacher of the Week, 2 Seconds is Too Long and Fence Patrol. For more on the Fulton Homes Character Counts program and others, visit www.fultonhomes.com.

Gehan Bridges at Gilbert

Texas homebuilder makes its East Valley debut

Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its third community in Arizona, Palazzo at The Bridges, in the new Bridges at Gilbert master-planned community located at the southeast corner of Higley and Queen Creek roads. Two model homes are open at 3625 E. Cassia Lane in Gilbert, where move-up homebuyers can see the six new Palazzo floor plans and 18 new front elevations that are exclusive to Gehan Homes’ Gilbert community.

Homebuyers can choose from 72 homesites with energy-efficient floor plans ranging from 2,397 to 4,312 sq. ft. Each modern home will feature 10-foot ceilings, eight-foot interior doors, maple kitchen cabinetry, granite countertops, stainless steel appliances, great rooms, flex rooms and three-car split or four-car garages with a variety of options, including snail showers, game rooms, pocket offices, media rooms, walk decks and outdoor kitchens. In addition, energy-saving construction, such as R-38 attic insulation and radiant barrier roofing makes owning a Gehan Home a luxurious and smart choice. Architectural styles include Ranch, Spanish and Prairie. Prices start at $349,000.

“We knew early on that our expansion to Arizona would include a community in metro Phoenix’s East Valley,” said Tim Gehan, CEO of Gehan Homes. “It’s exciting to see how the East Valley’s housing market has rebounded and discerning homebuyers are reinvigorated by the variety of lifestyle features they find at The Bridges at Gilbert. It’s really the perfect fit for our Palazzo designs, which provide open floor plans, flexible spaces, family-friendly amenities and stylish exteriors.”

Located within the highly-rated Higley Unified School District, The Bridges at Gilbert master-planned community is already receiving accolades for its features, which include a lake, community splash pad, amphitheaters, play structures, parks, trails and waterfalls. The growing mecca of San Tan Village is only minutes away, offering premier shopping, dining and nightlife. In addition, living at The Bridges means easy access to the Loop 202 and Loop 101 Freeways and Phoenix-Mesa Gateway Airport.

One of the top 30 builders in the U.S., Gehan Homes first entered the Arizona market in April, with the grand opening of its Hacienda at Greer Ranch community in Surprise. The Texas homebuilder opened its second Valley community, Vista Pointe in The Village at Vistancia, in Peoria in August. Similar upscale homes will be built in the Palm Valley community by the end of 2013.

For information about Gehan Homes’ Palazzo at the Bridges, call (480) 621-8786 or visit www.gehanhomes.com.

veterans

Fulton Homes Honors Vets with ‘Fly the Flag’ Campaign

Fulton Homes is showing its appreciation for America’s veterans by encouraging everyone to display the Stars and Stripes this Veteran’s Day, and at the same time benefit the Wounded Warriors Project.

The Tempe-based homebuilder has partnered with 100.7 KSLX for the “Fly the Flag for Veteran’s Day” campaign. From Sept. 30 through Nov. 11, listeners who visit Fulton Homes’ Ironwood Crossing community in Queen Creek and tour a model home can purchase a full-size American flag kit for $10, with all donations going to the Wounded Warriors Project. Fulton Homes will match any $10 donation offered, up to a maximum of $25,000.  The flag offer continues through Veteran’s Day, which is Nov. 11. More Fulton Homes communities where flags can be purchased may be added during the campaign.

“We at Fulton Homes honor all of our military personnel who protect our freedom and defend our homeland,” Doug Fulton, Fulton Homes CEO, said.  “We owe our veterans and their families our greatest appreciation the sacrifices they have made to keep us safer. Displaying the Red, White and Blue on Veteran’s Day is a way we can honor and support our troops and show our gratitude, and the donations collected will support those troops who have been wounded in battle.”

The Wounded Warrior Project (WWP) honors and empowers Wounded Warriors. WWP raises awareness of the needs of injured service members, to help injured servicemen and women aid and assist each other, and to provide programs and services to meet their needs.

The “Fly the Flag” campaign is another in a series of programs which include the Fulton Homes Noon Salute, Teacher of the Week and Fence Patrol. For more on the Fly the Flag on Veteran’s Day campaign and other programs, visit www.fultonhomes.com.

 

Arizona School Choice Trust

Fulton Homes ‘Teacher of the Week’ returns

While school teachers may be under-recognized by many, Fulton Homes continues to acknowledge educators for their unwavering sacrifice and dedication to their students. As the new school year begins, the Tempe-based homebuilder is once again taking the lead to support teachers and education.

For the 14th consecutive year Fulton Homes’ “Teacher of the Week” program returns to honor Valley school teachers. Throughout the school year the program showcases teachers who inspire their students. Both students and parents can nominate their favorite educator each week for that teacher’s chance to win $300 from Fulton Homes and other prizes. The chosen educator will be announced each Friday from 6:20 to 7:20 a.m. on KNIX’s Ben and Matt in the Morning Show, heard at 102.5 FM. Students and parents can nominate their favorite teacher each week by visiting www.knixcountry.com, and submitting a brief form describing why their teacher deserves the title.

In May a ‘Teacher of the Year’ will be chosen from the list of weekly winners, and they will be presented with a $1,000 check at a ceremony honoring all the weekly winners. Based on the entries submitted, a panel of judges will select a winner and the teacher will be announced at the May banquet.

“Teacher of the Week is our longest-running program at Fulton Homes,” said Fulton Homes CEO Doug Fulton. “This campaign honors local educators who go the extra mile for their students.”

For more information about Fulton Homes “Teacher of the Week,” visit www.fultonhomes.com, or visit www.knixcountry.com and type in the keyword “teacher.”

Fulton Home building

EPA recognizes Fulton for energy efficient construction

The U.S. Environmental Protection Agency (EPA) has honored Fulton Homes for its commitment to providing homebuyers with ENERGY STAR certified homes by presenting the Tempe-based homebuilder with the 2013 ENERGY STAR Leadership in Housing Award. The honor recognizes a builder that promotes energy efficient construction and helps to protect the environment through partnership with ENERGY STAR.

“Not only does Fulton Homes provide a top quality home, but we make sure they are environmentally friendly and efficient,” said Fulton Homes CEO Doug Fulton. “Fulton Homes is dedicated to preserving the environment through the focused attention we give in our construction process. Receiving an ENERGY STAR award is testimony for the care and attention we put in to every Fulton Home.”

ENERGY STAR, an EPA voluntary program, helps businesses and individuals save money and protect our climate through superior energy efficiency. Homes that earn the ENERGY STAR label have undergone a long process of inspections, testing, and verification to meet strict U.S. requirements.

Dennis - Suns Check

Fulton Homes’ 3-Point Zone helps nonprofits

While Monday night was fan appreciation night for the Phoenix Suns, thanks to Fulton Homes the Youth Assistance Foundation and the Central Arizona Mountain Rescue Association (CAMRA) will now divide up $46,000.

It’s all part of the Fulton Homes “Proud to Own the Three-Point Zone” program, a partnership between the Tempe-based homebuilder and the Phoenix Suns.  With each three-point basket made during the season, the Youth Assistance Foundation and CAMRA shared in the $100.  The program began in late October with the opening game tip-off and concluded with a victory Monday night at home against Houston. Fulton Homes Vice President Dennis Webb presented the check to Phoenix Suns officials during the game.

The Youth Assistance Foundation helps to prevent youth violence and promotes positive interactions with law enforcement. CAMRA, along with the Maricopa County Sheriff’s Office Mountain Rescue (MCSO-MR) team, is an all-volunteer and expertly trained technical rescue team dedicated to saving lives through search and rescue operations, wilderness emergency medical services and outdoor safety programs.

“Partnering up with the Phoenix Suns for this program will aid both of the organizations,” Doug Fulton, Fulton Homes CEO, said. “The Youth Assistance Foundation promotes youth health and wellness programs, while CAMRA aids those who find themselves in life and death situations. Fulton Homes is proud to give back to a community where we live and work.”

Fulton Homes reunited this season with the Phoenix Suns to revive the Fulton Homes “Proud to Own the Three-Point Zone” program. In previous seasons, Fulton Homes has donated more than $206,000 over five years to local charities through Phoenix Suns Charities. This year’s partnership included all 80 home and away regular season games broadcast on Fox Sports Net.

Gehan Homes in AZ - rendering hi res.

Texas homebuilder Gehan enters Arizona market

Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its first community in Arizona, Hacienda at Greer Ranch in Surprise. One of the top 30 builders in the U.S., Gehan Homes is introducing a new series of homes targeted to the move-up homebuyer. A model home is now open at 11520 N. 156 Lane in Surprise where homebuyers can see the six new floor plans and 18 new front elevations that are exclusive to the Phoenix market.

“Our opening at Greer Ranch is a vote of confidence in the Phoenix market, which has clearly rebounded and where we see positive signs for the longer term health of the housing market,” said Tim Gehan, CEO of Gehan Homes. Gehan Homes will build in four Valley-wide communities during 2013.

The award-winning builder is drawing on more than 25 years of experience to meet buyers’ everyday living needs. Committed to delivering homes that are “Designed for Your Life,” Gehan offers a broad selection of hundreds of design options for discerning buyers.

“A Gehan home is one that fits the energy and flexibility of modern life,” Gehan said. “The new floor plans at Greer Ranch are designed for today’s lifestyles and feature open floor plans that better connect family members, three car garages and flexible spaces that can be personalized to meet a variety of individual needs.”

Homebuyers can choose from 66 homesites at Gehan Homes’ Hacienda at Greer Ranch community with energy-efficient floor plans ranging from 2,001 to 3,947 sq. ft.  Gehan Homes chose to build in Greer Ranch for several reasons, including its proximity to hiking trails, parks, shopping and more. Streetscapes are tree-lined and all of the homes are within walking distance of the Excelling Sonoran Heights Elementary School in the Dysart school district. With prices starting at $247,990, Gehan’s stylish Greer Ranch homes are perfect for active families who value being able to personalize a new home to fit their lifestyle.

Similar upscale homes will be built in the Vistancia, Palm Valley and Bridges of Gilbert communities by the end of 2013.

For information about Hacienda at Greer Ranch, call (623) 584-0903 or visit www.gehanhomes.com.

Sheryl Palmer

Taylor Morrison debuts as publicly traded company

Shares of Taylor Morrison Home Corp. are rising in its debut as a publicly traded company. The homebuilder’s entry on the New York Stock Exchange comes on the same day that another homebuilder filed for an initial public offering, further proof that companies are riding the continued housing recovery back to the public markets.

Taylor Morrison’s stock gained $1.27, or 5.8 percent, to $23.27 Wednesday morning. The initial public offering of 23.8 million shares was priced at $22 each, the high end of its expected range.

The company’s IPO follows homebuilder TRI Pointe Homes Inc. in January, real estate investor Silver Bay Realty Trust Corp. in December and real estate services provider Realogy Holdings Inc. in October.

And on Wednesday William Lyon Homes said in a regulatory filing that it plans to raise up to $200 million from a proposed IPO. It did not disclose how many shares would be in the offering, or what the expected price range would be.

Recent data has shown a strengthening housing market. Job gains and mortgage rates near record lows have helped lift home sales, more than six years after the housing market began to collapse.

Taylor Morrison’s offering raised $523.6 million. The banks managing the deal may buy more 3.6 million shares, adding to the proceeds. The company said in a filing with the Securities and Exchange Commission that after the IPO it plans to sell up to $500 million in debt for general corporate purposes.

The Scottsdale company operates its namesake brand and Darling Homes in the U.S. and Monarch in Canada. It booked $1.44 billion in revenue last year and closed on 4,014 homes. The company sells homes ranging from $120,000 to more than $1 million, targeting first- and second-time buyers.

Taylor Morrison is trading on the NYSE under the “TMHC” ticker symbol.

146068593

Scottsdale Builder Wins 4th straight Eliant Award

Eliant recently announced Rosewood Homes as winner of the 2013 “Homebuyers’ Choice Award” for providing the “Best Overall Purchase and Ownership Experience” in North America. Rosewood was also recognized again for having the highest “First Year Quality” rating. This is the first time a homebuilder has been honored in four consecutive years and Rosewood Homes is the only Arizona builder to ever receive this prestigious award. The 2013 winners were chosen based on the results of surveys completed by more than 76,000 recent home buyers from across the United States and Canada.

For more than 27 years, David Kitnick and his team have been recognized for providing exceptional quality, customer satisfaction and design excellence. Generous standard features, innovative floor plans and rich architecture combine with high quality construction and energy efficient features to make Rosewood Homes the top choice when purchasing a luxury home.

“There is no better honor than to have actual homeowners vote based on their personal experience with their builder,” said David Kitnick, President of Rosewood Homes. “At Rosewood, there’s only one way to do things: the right way. That’s why throughout the building process you’ll find our rigorous Rosewood Quality Assurance Program and our Rosewood Signature Construction, where we go above and beyond the industry standard for quality and craftsmanship,” said Kitnick. “Everyone affiliated with Rosewood is committed to providing industry leading customer satisfaction, quality and design with each new Rosewood home,” said Kitnick.

Rosewood Homes has neighborhoods in three prestigious locations in Arizona – DC Ranch, Vistancia and Estrella, and is in various stages of planning and development of four new neighborhoods opening in 2013 and 2014 including 33 Campbell Place in the Camelback Corridor. The exclusive, 18-home private gated 33 Campbell Place is slated to grand open late April with well-appointed homes ranging from over 2,340 square-feet to nearly 3,400 square-feet and providing authentic architectural detailing as well as highly sought after features such as: home offices, guest casitas, bonus rooms, courtyards and wine closets. Homes start in the $470s.

“Once again, Rosewood Homes is the undisputed leader in the delivery of an extraordinary customer experience,” said Bob Mirman, founder and Chief Executive Officer of Eliant.

The Eliant awards are presented annually by California-based Eliant, a customer experience management company that has been surveying buyers of new homes for 29 years. Eliant has earned an international reputation by providing a wide range of sophisticated customer experience management strategies for home builders, lenders, escrow firms, design firms and other companies interested in improving their customers’ loyalty.

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Fulton Homes’ sales spike

It’s been a good year for Fulton Homes.

The Tempe-based homebuilder has seen a 46 percent increase in sales compared to last year through the week ending Dec. 16.  Although final numbers for the calendar year won’t be calculated for a couple more weeks, Fulton Homes has sold 692 homes so far.  That compares to the 463 homes sold in all of 2011.  Fulton Homes sold 358 homes in 2010.

“The market for new homes is definitely improving,” Doug Fulton, CEO of Fulton Homes, said. “We’ve seen increased sales at many of our East Valley communities, which is a testament to the housing recovery.”

Preliminary figures reveal that Fulton Homes sold more than 57 new homes per month for 2012.  The top selling developments include Ironwood Crossing (284 homes), Freeman Farms (217) and Fulton Ranch (109).  Ashcreek has sold 25 homes and Victoria Estates has sold 23 homes.

While the housing market is improving across the board, Fulton Homes set itself apart as the only homebuilder to maintain a consistent presence throughout the recession.  Fulton Homes has several communities in the East Valley, an area of the Valley that is seeing the most significant home-buying traffic.  In addition, Fulton Homes buyers have seemingly endless choices when designing their new home.  Buyers can choose from 5,000 upgrades at the Fulton Homes Design Center, and they have the ability to customize their homes at certain communities by adding a 52-foot garage, or a separate living space for extended family.

taylor morrison

Eller, Lane Join Taylor Morrison Board

Taylor Morrison, the largest North American privately owned homebuilder in the U.S., announced that home building industry veteran Tim Eller and Valerus CEO Peter Lane are joining its board of directors, with Eller to serve as chairman of the board.

As chairman, Eller succeeds Rajath Shourie of Oaktree Capital and Kelvin Davis of TPG Capital, who served as co-chairs. Both Shourie and Davis will remain as directors, while Avi Banyasz of TPG has resigned his seat on the board.

“We’re very pleased to add Tim and Peter to our board of directors,” said Taylor Morrison President and CEO Sheryl Palmer. “Their knowledge and industry experience will prove to be invaluable assets as we continue to capitalize on market opportunities and grow our U.S. and Canadian operations.”

With more than 40 years of industry experience, Eller currently serves as principal of Cordalla Capital, LLC, directing major investments in real estate and related businesses. He is also CEO of Tegrity Homes, Cordalla’s home building subsidiary. Prior to Cordalla Capital, Eller served in various industry roles, including president, chairman and CEO of Centex Corporation; president and CEO of Centex Homes; and board vice chairman of PulteGroup Inc. Eller currently serves as a director for BuildLinks; is an advisory board member of Encore Housing Opportunity Fund, a private equity fund; and is a life trustee of the National Housing Endowment.

Eller is also past-chairman of the Policy Advisory Board for Harvard University’s Joint Center for Housing Studies, and served as chairman of the High Production Home Builders Council of the National Association of Home Builders from 1998 to 2009.

Lane currently serves as CEO of Valerus, an oil and gas business headquartered in Houston, Texas. Prior to joining Valerus, Lane was a partner in the operations group of TPG. Prior to TPG, Lane spent 12 years with Bain & Company, leading the Dallas and Mexico City offices, as well as the oil and gas practice. He began his career with Schlumberger as an engineer and operations manager. Lane also serves on the boards of Valerus and Petro Harvester.

For more information about Taylor Morrison or Monarch, please visit www.taylormorrison.com and www.monarchgroup.net.