New changes and continued growth for local homebuilders.
Founded by father-son team Bob and Joel Adams, Highland Homes recently has been sold to a subsidiary of Warren Buffet’s founded company, Berkshire Hathaway Inc. Clayton Properties Group’s acquisition makes Highland Homes the ninth homebuilder—and the 12th state—to join in on the ever-growing, site-built division of Clayton Home Building Group.
Since 1996, Highland Homes has seen tremendous growth. Since their establishment, they have built over 7,000 homes in Florida. They have sold over 800 homes in 2018 alone and were ranked #75 largest builder in the nation in Builder Magazine’s Builder 100 list in 2018. They are projected to build approximately 980 homes in 2019.
With operations in 12 states including Alabama, Colorado, Florida, Georgia, Indiana, Kansas, Missouri, North and South Carolina, Tennessee, Texas, and Utah, Clayton Properties Group also boast of significant recognitions. They were ranked #29 in Builder Magazine’s Builder 100 list. With the inclusion of Highland Homes’ total, Clayton Properties Group is projected to build over 7,000 homes this year.
As Highland Homes joins forces with Clayton Properties Group, bigger opportunities are in store for this family business. As Bob Adams says, “In the Buffett tradition, nothing changes: ‘Do what you are doing and more of it.’”
Learn more about the story behind Highland Homes, check out their feature in “Legacy & Lineage” from the 2018 Business Issue available online at thelakelander.com