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Florida homebuilder plans 11 new communities by mid-2016

A Sarasota-based private home building company is finding great success, currently on track to beat an all-time company home sales record, with plans to build more communities in the Tampa Bay area.

Neal Communities, which is owned by Pat Neal, a graduate of the Wharton School of Finance and former state senator and house member, has overseen the growing company through its success.

With eight communities opening around the Tampa Bay area in 2015, and three slated to open in 2016, the future of the company continues to look bright, with several factors playing into this success.

“In the market, there are historically low interest rates and 40-percent of home buyers are paying cash,” says Leisa Weintraub of Neal Communities. “Plus a low unemployment rate equals a strong Southwest Florida market. We have grown our market coverage by building homes from Hillsborough south to Collier County.”

The new communities built in 2015 include: Woodland Trace in Sarasota, River Wind in Bradenton, South Fork in Riverview, Magnolia Point in Sarasota, Indigo in Lakewood Ranch, MiraBay in Apollo Beach, Waterset in Riverview, and Oaks of Estero in Estero.

Weintraub goes on to say that the company's “emphasis on style and architectural details, which are classical and timeless designed around the feel of being in Florida,” is what she attributes to the business’s success.

In 2016, Villa Amalfi and The Provence will open in Sarasota as well at The Ridge at Crossing Creek in Bradenton.

“Our homes are light and bright and reflect the lifestyles of our home buyers.”

For more information on the communities mentioned or other communities around the state built by Neal Communities, visit their website.

Read more articles by Kimberly Patterson.

Kimberly Patterson is a news editor for 83 Degrees Media in the Tampa Bay region of Florida.
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