From: BIG BUILDER June 2007
Posted on: June 1, 2007

M/I Homes Enters Chicago Market

By:: PRNewswire-FirstCall

COLUMBUS, Ohio, May 31 /PRNewswire-FirstCall/ -- M/I Homes is moving into the Chicago market.

Robert H. Schottenstein, president and CEO of M/I, said, "We are very excited about entering Chicago, one of the nation's largest and most dynamic housing markets. After studying this market for nearly two years, we are pleased that we are ready to commence homebuilding operations. We plan to offer a broad selection of homes, from single-family homes to town homes, emphasizing M/I's commitment to quality, service and community."

Dennis S. Bailey, Midwest Region President, added, "We are pleased to announce that Ronald H. Martin has joined the M/I Homes team as Chicago Area President and will lead our operations in this exciting market. Ron brings with him over 15 years of homebuilding experience, knowledge and local market expertise."

M/I Homes markets and sells homes under the trade names M/I Homes, Showcase Homes and Shamrock Homes. The Company currently has home building operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Tampa, Orlando and West Palm Beach, Florida; Charlotte and Raleigh, North Carolina; Delaware; and the Virginia and Maryland suburbs of Washington, D.C.

Learn more about markets featured in this article: Chicago, IL.

Keywords

Subject: Local Markets, Single Family, Residential Construction, Operations
Location: Chicago, IL
Organization: M/I Homes, M/I Homes

View more keywords

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John McManus

Standard Pacific Strides Into the Black in Q1

Builder Pulse

John McManus is an award-winning editorial director for the Residential Construction Group at Hanley Wood in Washington, D.C. In addition to the BUILDER digital, print, and in-person editorial and programming portfolio, the group includes strategic content direction for AFFORDABLE HOUSING FINANCE, APARTMENT FINANCE TODAY, CUSTOM HOME, EcoHome, MULTIFAMILY EXECUTIVE, and residential architect.

Standard Pacific released first-quarter earnings post market close last night that beat Wall Street analysts' posted predictions. After a near brush with death in 2008, and life-support from MatlinPatterson's real estate funds, Standard Pacific's strategic, operational, and tactical planning and execution are playing well in what continues to be an adverse market environment in most of its competitive arenas.