San Francisco Bay Area–based SummerHill Homes announced the promotion of Chris Neighbor to the position of CEO.
Previously serving as the company’s president, Neighbor will now assume the additional role of CEO, continuing to drive the company's strategic growth.
"We are thrilled to appoint Chris Neighbor as our new CEO," says Robert Freed, co-chairman of SummerHill Homes. "Under his leadership as president, SummerHill Homes has achieved significant milestones, solidifying its reputation as a trusted name in the home building industry. We have full confidence in his ability to lead SummerHill Homes to even greater success, while remaining keenly focused on expanding our land pipeline."
Neighbor's tenure at SummerHill Homes spans more than 16 years, according to the company. Prior to his appointment as president in December 2016, Neighbor was the executive vice president and managing director of acquisitions and construction at SummerHill.
In his new capacity, Neighbor will oversee all aspects of SummerHill Homes' operations, working closely with the executive team to implement strategic initiatives, capitalize on market opportunities, and further strengthen the company's position as a leader in the real estate sector.
"I am deeply honored and excited to take on the role of CEO at SummerHill Homes,” says Neighbor. “I am committed to building upon our past achievements, fostering innovation and driving growth across all facets of our business. With our dedicated team, I am confident we will continue to exceed expectations and deliver outstanding results."
Freed, the current CEO, will transition to the position of co-chairman at SummerHill Homes. In his new role, Freed will continue to contribute his expertise to the company's strategic direction, collaborating with Neighbor.
SummerHill Homes is celebrating 48 years in business in 2024 with over 7,000 homes built or under construction. The company anticipates building an additional 1,200 homes between 2024 and 2026, surpassing its 85th community.
The builder has nine actively selling communities in the San Francisco Bay Area, including San Ramon, Walnut Creek, Los Gatos, Mountain View, San Jose, and Foster City. Additionally, the company has a pipeline of future communities in the entitlement process, including San Bruno, San Jose, Cupertino, Palo Alto, and San Ramon.