COMMUNITY NEWS

Neal Communities Moves up the Ranks of the Country’s Top Homebuilders

LAKEWOOD RANCH, Fla. (May 23, 2017) — Neal Communities, southwest Florida’s premier homebuilder, moved up two spots to the No. 43 position on Builder Magazine’s Builder 100: The 2017 List, an annual list of the best homebuilders in the nation.

Neal Communities increased its ranking from No. 45 last year, with 1,129 closings and close to $415 million in gross revenue in 2016. Sales of Neal Communities’ homes have increased 15 percent since 2015, making Neal Communities one of the most prolific homebuilders in the region.

So far in 2017, the company has sold 414 homes, and to date, Neal has built over 12,000 homes, with over 70 successful communities throughout southwest Florida.

“To continue to rise year after year on this prestigious list of mostly public homebuilders is a significant achievement for us,” said Pat Neal, founder and CEO of the Lakewood Ranch-based homebuilding firm. “As we grow, we continue to stay focused on the core values that Neal Communities was built upon, including honesty, integrity, customer service and quality construction. We know that where you live matters, and the driving force behind everything we do is to improve people’s lives. It is this culture that I believe helps us succeed and grow smart with the best team in the business.”

Every year since 1984, Builder Magazine has ranked the nation’s top homebuilders, evaluating both privately and publicly held companies through direct surveys and basing its results on the number of home closings. In addition to the publicly traded companies on the list, the Builder 100 is populated by a wide range of building firms – from affordable housing nonprofits to multifamily builders to companies selling entry-level, move-up and luxury single-family homes.

“This milestone is a true testament to our accomplished and dedicated team of professionals throughout the entire organization,” said Mike Storey, president of Neal Communities. “Our continued success also comes from strategic integration of several companies, from mortgage and title, design to land acquisition and even pools. At Neal Communities, we make the process easy for homebuyers, and we strive to always provide a superior customer experience.”

Storey also credits the company’s focus on building inventory homes, a strategic land plan and its expansion in Lee and Collier counties, for such sensational growth. Neal Communities became the sixth largest builder in Lee and Collier Counties – just three years after opening its first community in spring 2013. Since then, Neal’s south division has grown significantly and now employs 44 people. Selling currently in 10 communities, the division has sold out and completed two neighborhoods since spring 2013.

About Neal Communities
With over 40 years of building award-winning homes, Neal Communities has over 70 successful communities throughout southwest Florida. The Lakewood Ranch-based builder 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 12,000 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 awards, 50 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards.

Photo: Pat Neal and Michael Storey

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