Mercedes Homes Company Description
Mercedes Homes won't put you up in a Benz, but it can set you up in a stylish dwelling. The employee-owned company builds and sells single-family homes in 80 communities in Florida, Texas, and the Carolinas. One of its largest markets is the Orlando area. Mercedes Homes operates through three primary subsidiaries: MHi Mortgage, BDR Title, and Space Coast Truss, which offer everything from mortgage financing to truss design and building materials. Mercedes Homes' properties range in price from about $100,000 to more than $500,000. The family of founder Howard Buescher controls the company he began in 1983. Faced with mounting debt and liquidity problems, Mercedes filed for Chapter 11 bankruptcy in 2009.
View the Comprehensive Company Description for Mercedes Homes
The Company Description provides a historical perspective of Mercedes Homes's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Mercedes Homes's evolution in the marketplace.
