Neal Communities (NealCommunities.com), southwest Florida’s premier, private homebuilder, sold 1,107 homes spanning from Hillsborough to Collier Counties in 2015, topping all previous company records.
In 2015, the homebuilder also hit a major milestone by closing 989 homes for families in Florida – the most since its 1970 inception and pulled permits on over 1200 homes in Sarasota and Manatee Counties.
“With over 200 employees, we have the most experienced and engaged team at Neal Communities that we’ve had in 45 years,” says Pat Neal, founder and CEO of Neal Communities. “This is the fifth consecutive year that we have exceeded our goals. Our subsidiary companies, including Neal Signature Homes, Neal Land Ventures, Charlene Neal PureStyle, Waterscapes Pools & Spas, Neal Communities Funding, Fiducia Insurance and Allegiant Title Professionals, have all contributed to our continued, record-setting success.”
Neal Communities opened 13 new communities in 2015 and expects to unveil another eight in 2016, continuing its five-year expansion plan.
“At every level of the organization – our team is proud of what they are creating here. The company’s success is entirely due to our people,” says Michael Storey, president of the Lakewood Ranch-based new homebuilding firm. “We have over 200 people in this company and they are the ones who are making it happen.”
Storey also credits the prolific firm’s enormous success to strategic land acquisition, ideal locations, a consistent focus on customer service and smart expansion into key markets.
“Our expansion into Lee and Collier Counties alone led to a 30 percent increase for us last year,” says Storey. “We have high hopes for further expansion and increased sales in 2016 – always with the goal of providing the best customer service and value in the market.”
Storey expects the southwest Florida market to continue to appreciate at a “normal” 3.5 percent rate over the next few years. “The market here is still fairing better than most places nationwide because of that core buyer who is more mature and more affluent,” he says. “We see years to come for growth in this market with most of the expansion and population growth coming to south Sarasota County and Lakewood Ranch. Housing is not going to get more affordable, but you won’t see extreme increases. We also expect continued pent up demand to influence the market; we still have buyers who are impaired and are just recovering from their setbacks and they want to own a home again,” he noted.
Neal South, including Lee and Collier Counties also broke its previous sales record last year with 260 homes sold. Neal Signature Homes, the firm’s luxury division, more than doubled its sales from 2014, ending the year with 88 sales.
In 2015, the builder also received several prestigious awards, including recognition as Professional Builder’s 49th builder to receive its esteemed 2015 Builder of the Year award. The publication presents this prestigious and sought-after award to only one builder whose innovative ideas and business results represent the best in homebuilding.
About Neal Communities
Neal Communities was named the Professional Builder 2015 “Builder of the Year” and was named one of 2012’s “America’s Best Builders” by BUILDER Magazine and voted the “2013 Best Residential Builder in Southwest Florida” in a readers’ poll sponsored by Gulfshore Business Magazine. The company is ranked No. 1 locally by Metrostudy and by Hanley Wood Market Intelligence based on number of home sales and ranked nationally among the top 50 builders by BUILDER Magazine. To date, Neal has built over 10,000 homes in southwest Florida. As the area’s largest and most established, locally owned and operated private builder, Neal Communities is continually striving for excellence in every aspect of the home building and development business. Neal Signature Homes, Neal Land Ventures, Charlene Neal PureStyle, Waterscapes Pools & Spas, Neal Communities Funding, Fiducia Insurance and Allegiant Title Professionals all contribute to the firm’s continued, record-setting local success. The company’s honors and accolades include 44 Parade of Homes 2015 awards, 50 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards. For more information, please visit www.NealCommunities.com.