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Neal's record year: $115M gross


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  • | 5:25 p.m. January 4, 2012
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  • Manatee-Sarasota
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LAKEWOOD RANCH -- Neal Communities generated $115 million in sales in 2011, representing a 45% over-the-year increase, as well as an all-time record for the Lakewood Ranch-based home builder.

The company closed on 375 properties in 2011, up from 210 a year ago, a release says.

The sales success may have helped motivate Builder Magazine's decision to recognize Neal with its 2012 America's Best Builder award in the 100-500 closings category, a distinction that was announced this week.

Neal Communities President Pat Neal says his company is dominating the competition. ““We outsell our nearest competitor three-to-one,” Neal boasts in a release. “This means that in Manatee County, 30% of new home purchasers in the market buy a Neal home.”

 

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