Scott Felder Acquires Newmark Homes
As reported by the Statesman, builder Scott Felder has bought most of Austin’s Newmark Homes. Newmark had continued building in Austin, after parent company TOUSA in Florida filed for bankruptcy in January 2008. Now, Scott Felder Homes has aquired most of their assets and plans to begin 50 homes in the next 90 days, according to Scott Felder President Steve Krasoff.
“We have always looked at Newmark Homes as a quality company to emulate, with their superior construction, architectural innovation, customer service and integrity,” says CEO Scott Felder.
Scott Felder has announced the acquisition on their website, and the companies have created a cooperative site that presents an interactive map of Austin with planned developments, neighborhood information, photos and video, all available here.
Tags: Austin, newmark homes, scott felder, Texas
This entry was posted on Tuesday, July 7th, 2009 at 9:10 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
