IRVINE, CA-MBK Homes, a leading Southern California builder, is expanding its reach in the market, having recently increased its land holdings under the new leadership of Matt Hamilton, VP of residential land acquisition.
These key purchases have grown MBK's portfolio in Orange and Los Angeles counties, with three new home communities soon to debut.
With the support and financial backing of MBK Real Estate Ltd., the US. real estate development arm of Mitsui & Co., Ltd., one of the world's largest corporations, the acquisitions reflect MBK Homes' recent growth strategy put in place to meet the uptick in demand that is occurring as market conditions continue to improve. The combined factors of limited land availability, a steadily growing population, and the recent downturn have created a pent-up need for housing, spurring MBK to put renewed focus on expansion.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
