Empire Communities Announces Partnership with Atlanta-Based Edward Andrews Homes
VAUGHAN, ON, April 1, 2019 /PRNewswire/ - Empire Communities, one of North America's largest homebuilders, has formed a strategic partnership with Atlanta-based builder Edward Andrews Homes (EA Homes). This expands Empire's presence in the U.S. to include Houston, Austin, and San Antonio, Texas, and now Atlanta, Georgia.
Founded in 2009 by Paul Edward Corley and Todd Andrew Hager to take advantage of a rejuvenated housing market, EA Homes quickly transitioned from a small firm focused on accelerated growth to a premier private homebuilder of both move-up and movedown single-family homes and townhomes in urban, surban, and suburban high-growth sub-markets across Atlanta. Currently, EA Homes is building in 15 communities in greater Atlanta and is the local market leader among Atlanta's private homebuilding community.
"With this strategic partnership, Empire Communities has expanded into greater Atlanta with one of the strongest, most innovative brands in Georgia", says Andrew Guizzetti, Executive Vice President and CFO of Empire Communities. "EA Homes has a customer-first culture, an exceptional management team, and a strong lot & land portfolio." Empire plans to preserve EA Homes' complimentary culture and retain their existing management structure, who have more than 120 years combined real estate experience, and its 85+ employees. Both Corley and Hager will continue to oversee the Atlanta market.
"We are pleased with the opportunity to continue to grow our business with a well-capitalized, family-run builder that shares our values," says Todd Hager, Regional EVP EA Homes, LP. "With Empire's strong financial resources and EA Homes' deep local relationships, we are well-positioned for future growth and opportunities," said Paul Corley, Regional President of EA Homes., LP. "We have been working closely with the Atlanta and Toronto teams to ensure a smooth transition for both our employees and customers," he added.
Canadian-based Empire Communities launched its U.S. Homebuilding Division in 2016 in Houston. Empire has built more than 15,000 new homes and condominiums over the past 25 years in the Greater Toronto Area and Texas markets.
EMPIRE COMMUNITIES
Empire Communities (empirecommunities.com) is a residential builder/developer involved in all sectors of the new home building industry, including both low?rise and high?rise built forms. Celebrating 25 years of building inspiring new places to live, Empire has an established tradition of creating prestigious award-winning new homes, communities and amenities and has earned a reputation for outstanding attention to detail and customer service. Since its inception in 1993, Empire has built over 15,000 new homes and condos. Today, Empire is one of the largest homebuilders in North America with current communities in Toronto, Southwestern Ontario and the Southern United States.
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SOURCE Empire Communities
