IBJNews

Virginia homebuilder enters market

Back to TopCommentsE-mailPrintBookmark and Share
On The Beat Industry News In Brief

Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder CP Morgan Communities.

CP Morgan, which had been based in Carmel, closed in February. It had been one of the area’s most prolific builders, constructing more than 25,000 homes in 26 years in business.

Ryan is offering homes in the $90,000 range on most of the roughly 800 vacant lots it acquired in Greenwood, Westfield, Brownsburg, Noblesville and Franklin Township.

The Reston, Va.-based builder was founded in 1948 in Pittsburgh and has built more than 300,000 homes. It now builds in about 20 metropolitan areas, including cities in Ohio and Kentucky.

The subdivisions where Ryan is offering homes are Moeller Estates, Hanover, Harmony and Edgewood Trace in Franklin Township; Countryside in Westfield; Branches in Brownsburg; Horizons at Cumberland Point in Noblesville; Homecoming at University Park and Timber Valley in Greenwood; and Northfield at Heartland Crossing.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT