Goodall Properties Acquires Legacy Residences of Alabama

Goodall Residences, a subsidiary of Berkshire Hathaway business Clayton Properties Group—No. 8 on the 2021 Builder 100—has acquired Legacy Houses of Alabama—No. 147 on the 2021 Builder Up coming 100. Zelman & Associates served as the promote-facet monetary adviser for the transaction.

Legacy Properties, launched in 2013, is the largest non-public builder in Huntsville, Alabama, in accordance to the builder. The firm has designed above 1,500 residences due to the fact 2013 and is on observe to entire 400 new houses in 2021. Its four principals—Jeff Korotky, Mark Hunter, Shawn Fairburn, and Dan Nash—have in excess of 100 years’ merged encounter in the dwelling constructing industry.

“We are elated to welcome the Legacy Households staff to the Goodall Homes family members with open up arms,” states president Bob Goodall. “Our combined devotion to high-quality and consumer treatment will give great new property solutions for the dynamic and flourishing metropolis of Huntsville.”

Legacy Homes will maintain its brand name under the Goodall Residences and Berkshire Hathaway umbrellas, and the leadership workforce will keep their positions, including Korotky as division president and leader.

According to the combined company, the Legacy Houses acquisition will enable Goodall Residences to expand into the Huntsville market place with a prepared provide of demonstrated industry-particular structure and approaches. Signing up for Goodall will also allow for Legacy Houses to go on to create and develop in the Increased Huntsville location, and offer long-time period development and security for the division’s crew associates as Huntsville’s employment base grows.

“The Legacy Homes team is thrilled to be a element of the Goodall spouse and children and seems ahead to continuing our commitment to excellence with a team that values tradition, character, and integrity, and will make shopper encounter a best precedence,” suggests Korotky.