M/I Homes Inc. named former regional KB Home executive Michael Stephens director of land acquisitions for its new Sarasota-Manatee division, based in Lakewood Ranch.
Stephens' last post with KB Home, director of land acquisition, included overseeing land purchases, forward planning, project budgeting, site development and new community actives for the Tampa and Fort Myers divisions, according to a statement. Stephens had been with KB Home for four years.
Stephens is actively searching for vacant land and other property in Sarasota and Manatee counties for building and development as part of M/I Homes' long-term growth strategy, the release adds. M/I Homes launched its Sarasota-Manatee division earlier this year.
“Michael has an experienced background in both acquisitions and development, with strong connections in Sarasota and Manatee counties,” M/I Homes Area President David Hunihan says in the statement. “He will be instrumental in M/I Homes' expansion plans in the region.”
M/I Homes builds single-family homes and townhomes in the two-county region priced from the low $200,000s to the mid $400,000s. M/I Homes' Tampa Division previously managed those projects. Columbus, Ohio-based M/I Homes is the 14th largest single-family homebuilder nationwide by revenue, according to Builder magazine data.