This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Orleans Homes' North Division Land Department Is Expanding

BENSALEM, Pa., March 1, 2013 /PRNewswire/ -- Orleans Homes is pleased to announce the expansion of its North Division land department. With the expansion comes the addition of Sam Carlo and Glen McDonald as Directors of Land, Kent Gough as Land Financial Analyst, as well as the promotion of Tom Imperato to Director of Land. Together, the team is responsible for land acquisitions, contracting and land entitlements.

As the top Big Gainer of 2012 and number one fastest growing builder in the nation according to Professional Builder magazine, Orleans is capitalizing on continued operational improvements and ever-improving market conditions with a strategic expansion plan that includes aggressive growth in both New Jersey and Pennsylvania.

"With a year and a half as Director of Process Improvement for Orleans, Tom is a natural fit to spearhead land expansion in the Delaware and Lehigh Valleys in Pennsylvania," said John Evans, North Division President. "Partnering with Tom to focus on Pennsylvania, we've added Sam Carlo who brings a tremendous amount of experience from his time at Pulte, DeLuca and Lennar."

Glen McDonald will focus on land expansion throughout New Jersey, with particular attention in Central Jersey -- a key market for Orleans in 2013. Glen brings a wealth of experience to the team, having held key positions with industry leaders such as Lennar, DR Horton and Toll Brothers.

Supporting the Directors of Land is Kent Gough, a Drexel University graduate with a wealth of experience in the homebuilding and real estate industries.

Chief Marketing Officer Lee Darnold notes, "With the three Directors securing the very best land available, and Kent crunching the numbers and getting land opportunities approved by our board, we're primed to double down our land acquisition efforts in the region. It's a truly exciting time at Orleans."

About Orleans Homebuilders, Inc.

Orleans Homes was founded in 1918 and is one of the oldest, continually operated homebuilders in the United States. It is committed to building thoughtfully designed homes and creating unique neighborhoods that cater to the way people live today. The company builds single family homes, townhouses, and condominiums that range in price from the upper $170,000s - $1.5 million. It is currently operating in 39 neighborhoods in 10 distinct markets: Southeastern Pennsylvania, Central and Southern New Jersey, Orange County, NY, Charlotte, Raleigh and Greensboro, NC, Richmond and Hampton Roads, VA, and Chicago, IL. Orleans is headquartered outside of Philadelphia and employs 170 people.

www.OrleansHomes.com

Contact: Lee Darnold215-245-7500 LDarnold@OrleansHomes.com

SOURCE Orleans Homebuilders, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs