October 16, 2021

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Home Finishes First

Empire Communities Acquires North Carolina Builder

3 min read

Vaughan, Ontario, Feb. 02, 2021 (World NEWSWIRE) — Empire Communities, 1 of North America’s largest privately held homebuilders, has obtained Shea Properties North Carolina, growing its developing U.S. presence to incorporate Charlotte, 1 of the speediest developing cities in The us (Shea Properties North Carolina is not affiliated with the nationwide homebuilder Shea Homes Constrained Partnership).

Started by cousins Gil, Mike, John and Ed Shea, Shea Properties North Carolina has a lengthy-standing record of making high quality households considering the fact that the early 1990’s. Presently creating in 13 Charlotte space communities, Shea Properties North Carolina provides revolutionary types for townhomes and single-spouse and children residences (priced from the $300k’s to $1 mm+) with particular awareness compensated to livability and adaptability for each and every stage of lifetime. All communities will changeover to the Empire model early in 2021.

“Empire carries on to be a organization deeply rooted in the values of our C.A.R.E. concepts. Care for our customers, demonstrating a caring attitude, treatment for our relationships and caring for excellence,” claims Andrew Guizzetti, Executive Vice President and Co-Founder of Empire Communities. “By developing thoughtfully, we have been in a position to retain the household owned and operated experience that is at the foundation of our values.”

Empire strategies to keep Shea’s present management framework with its close to 83 staff. Gil Shea and Mike Shea will go on to oversee the Charlotte marketplace.

“It was important to us to be able to manage a relatives owned and operated really feel, and following working for around 27 many years in this fashion our folks and the culture we have developed is at the core of who we are,” states Gil Shea, Regional President. “We see fantastic synergies with Empire’s company society and thoughtful development tactic and are assured that the experience of pride and passion our personnel have will continue being unchanged.”

“Our intention has normally been to bring a amount of sophistication and quality with just about every residence that we create, no matter if aspect of the Shea custom made line or an entry stage residence our motivation to detail and top quality are often the exact,” states Mike Shea, Govt Vice President. “With Empire’s robust economical means we will be capable to keep this stage of top quality and determination even though leveraging off of deep area relationships that will placement us for upcoming advancement alternatives in the North Carolina market.”

Canadian-centered Empire Communities introduced its U.S. Homebuilding Division in 2016 in Houston and now builds and develops in more than 90 intown and suburban communities in Houston, Austin, San Antonio, Atlanta, and Charlotte, as very well as the Better Toronto Spot and Southwestern Ontario.

In excess of the very last 27 a long time, Empire has constructed additional than 22,000 new residences and condominiums, offering a various collection of dwelling types with thoughtful exterior and inside finishes in some of North America’s quickest-expanding marketplaces.

Builder Advisor Team served as economical advisor to Shea Homes North Carolina in this transaction.

EMPIRE COMMUNITIES

Empire Communities ( empirecommunities.com ) is a residential homebuilder included in all sectors of the new property building sector, which include both of those low‐rise and high‐rise created sorts. Celebrating 27 decades of creating inspiring new locations to dwell, Empire has an proven tradition of developing prestigious award-successful new residences, communities and features and has attained a reputation for excellent attention to depth and consumer support. Since its inception in 1993, Empire has built above 22,000 new households and condos. Currently, Empire is 1 of the greatest privately held homebuilders in North The us with existing communities in Toronto, Southwestern Ontario and the Southern United States.

 

Attachments

Daniela Tirone Empire Communities 4166273896 [email protected]

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