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Colorado builder applies for a bank charter
SOMETIME SOON, THE EXECUTIVE TEAM running Colorado Springs, Colo.–based Classic Homes hopes to buy or start up a bank, through which Classic would expand its mortgage and title businesses.
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Going It Alone
WHEN COLORADO SPRINGS, COLO., builder/developer Classic Homes purchased 650 acres for a master planned community, one of the first questions was whether to remain the sole builder or to let other builders in to spread the risk—and the reward. This time it opted not to share, says director of sales Ty Olson. “I was confident we could do it on our own.”
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J.D. Power and Associates 2008 New-Home Builder Customer Satisfaction Survey
See the top performers in customer service, design, and quality.
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