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Sumitomo Forestry Continues to Buy Residential Builders in the U S

Sumitomo Forestry Co., Ltd. was founded over 330 years ago. The company’s business expanded to include importing, trading and distributing timber and wood-based products, as well as single-family homebuilding and other housing-related businesses. In the early 2000’s, Sumitomo Forestry began building homes in Seattle, Washington, followed by a series of equity investments in homebuilders and…

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Gehan Homes Plans to Build and Manage Rental Projects Across Florida with the Acquisition of an 80% Interest in Southern Impression Homes and Affiliated Companies

/PRNewswire/ Gehan Homes, Ltd. (a wholly owned subsidiary of Sumitomo Forestry) announced the acquisition of an 80% interest in Southern Impression Homes, a.

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Parmer Ranch takes shape in Georgetown; Empire Communities, others begins home sales

Parmer Ranch takes shape in Georgetown; Empire Communities, others begins home sales
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Local Jobs: Check Out Who s Hiring In The Round Rock Area

Local Jobs: Check Out Who s Hiring In The Round Rock Area
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Builder buys Dillon Point site for $22 25M – BizWest

BROOMFIELD Residential real estate developer Wonderland Homes last month closed on a deal that gives the builder control of a parcel of land at Dillon Road and Aspen Street in Broomfield where a new neighborhood is planned. Broomfield real estate records show that the company, through an entity called GH Colorado LLC controlled by Wonderland parent Gehan Homes Ltd., bought the roughly 60-acre parcel for $22.25 million from Aspen Street Land LLC, a family group that has been trying for several years to develop the site. Wonderland took over the site in mid-April and has “begun horizontal development for an approved [planned unit development] consisting of 314 lots over six different segments,” Wonderland general manager Kolby O’Herron told BizWest in an email.

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