Summit Custom Homes Joins Clayton Properties, Clayton's site-built division
MARYVILLE, Tenn., Nov. 1, 2016 /PRNewswire/ -- Clayton Properties, the site-built division of the Clayton home building group, has acquired its third homebuilder in the past year, Summit Custom Homes of Kansas City, Mo.
Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/7966051-clayton-acquires-summit-custom-homes On Oct. 31, Clayton Properties acquired all of the operating assets of Summit Custom Homes, which include approximately 1,200 lots in the Kansas City metropolitan area. Summit Custom Homes was founded in 2002 and is the largest homebuilder in Kansas City. "As we expand our site-built operations, acquiring companies like Summit Custom Homes, which is a leader in its market, is a crucial part of our strategy," Keith Holdbrooks, president of Clayton home building group, said. "We're excited to welcome Summit's 54 team members to the Clayton family, and look forward to building high-quality homes in the Kansas City area."
Clayton expands portfolio of its site-built company
MARYVILLE, Tenn., April 29, 2016 –Clayton, one of America's largest homebuilders, today announced it has acquired Gallatin, Tenn.-based Goodall Homes, a builder of new single-family homes, townhomes and condominiums since 1990. Goodall is the second site-built housing company to become part of Maryville-based Clayton, a subsidiary of Warren Buffett's Berkshire Hathaway. Clayton acquired Atlanta-area builder Chafin Communities last fall. Experience the interactive Multimedia News Release here: http://www.multivu.com/players/English/7716454-clayton-acquires-goodall-homes/
Clayton, through its site-building group, Clayton Properties, entered the site-built housing market to expand its portfolio of housing options to homebuyers. The acquisition of Goodall Homes includes approximately 3,600 lots and 180 homes under construction in a five-county area in Middle Tennessee. Goodall Homes closed 436 homes last year.
"Adding great builders like Goodall to our team is exciting," stated Clayton home building group President, Keith Holdbrooks. "As we continue to grow and expand into the site-built market, it is important to partner with teams that share our culture of providing an excellent customer experience."