Please join the Associates Council for a roundtable discussion with CraftMaster Homes’ Tim Parent. See exciting news for CraftMaster below.
General Manager of CraftMaster Homes, Tim Parent has 20 years of experience in the home building industry from project management to sales and marketing. A graduate of Virginia Tech, Tim is well versed in anticipating real estate market trends and evaluating the current financial market. A past President of the Home Builder’s Association of Richmond, Parent helped to lead support for the industry through advocacy, education, networking, and marketing.
FOR IMMEDIATE RELEASE
Richmond-based CraftMaster Homes Joins Mungo Homes®
COLUMBIA, S.C. (July 13, 2021) - Mungo Homes is pleased to announce that CraftMaster Homes of Central Virginia is joining Mungo Homes, a part of the Clayton Properties Group®. Like Mungo, six-time Builder of the Year CraftMaster Homes began as a family-owned and operated business and has more than 20 years’ experience in award-winning new home construction. The two companies share not only a similar history, but company values that align and are based on customer service, quality, innovative building and design, and, especially, community reinvestment.
“The partnership with Clayton has given us this opportunity to grow,” said Mungo Homes CEO Steven Mungo. “The joining of CraftMaster Homes and Mungo Homes creates tremendous synergy and adds a strategic location to the Mungo footprint. We are excited to work together, to learn from one another, and to serve the housing needs of the Richmond area for years to come.”
Mungo Homes was acquired in November 2018 by Clayton Properties Group, a Berkshire Hathaway company, whose business model is structured on partnering with world-class companies in strong growth markets that share a resounding commitment to team member and customer experience. The partnership with CraftMaster stays consistent with Clayton Properties Group’s previous acquisitions and will help ensure long-term growth and stability for the Richmond builder.
“We are thrilled to align CraftMaster Homes with a company who shares our values and drive to create an enjoyable customer experience. This opportunity will allow us to grow our team and our footprint in the Richmond housing market. We take pride in the homes we build and the lives we touch, and we are excited to be able to reach even further with our partnership with Mungo Homes,” said Jeff Tunstall, CraftMaster Homes President.
Only positive changes for the CraftMaster team members are expected, and there will be no shifts in management, with founder and President Jeff Tunstall continuing at the helm.
About Mungo Homes
The Mungo family started building new homes in Columbia, South Carolina in 1954, and builds in Markets throughout South Carolina, North Carolina, and Georgia. While still family-run, Mungo Homes was acquired by Clayton Properties Group, a Berkshire Hathaway company, in late 2018. Mungo Homes remains dedicated to its foundation of quality and innovation found in each and every home, selling more than 3,300 homes in 2020 across the footprint.
Mungo Homes was named America’s Best Builder 2012 by Builder magazine – an award for overall excellence in homebuilding based on finance/operations, design/construction, customer service/quality, community/industry service and marketing. That same year, the National Association of Home Builders honored Mungo Homes as the National Green Advocate of the Year for hauSmart, an innovative, energy-efficiency program that was unique to Mungo at the time. The company was also recognized as the winner of the 2008 National Housing Quality Award and is the only South Carolina-based builder ever honored with this prestigious award. www.mungo.com
About Clayton Properties Group
Founded in 1956, Clayton is proud of its history of providing affordable, quality homes. The company is committed to opening doors to a better life and helping to build happiness through home ownership. As a diverse builder committed to quality and durability, Clayton offers traditional site-built homes and prefabricated housing, including modular homes, manufactured housing, tiny homes, park model recreational vehicles, college dormitories, military barracks and apartments. Clayton Properties Group is the site-built division of Clayton Home Building Group and includes Chafin Communities, Goodall Homes, Summit Homes, Oakwood Homes, Harris Doyle Homes, Brohn Homes, Arbor Homes, Mungo Homes and Highland Homes. Clayton is a Berkshire Hathaway company. For more information, visit www.claytonpropertiesgroup.com
About CraftMaster Homes
Voted Builder of the Year six times, CraftMaster Homes is one of Richmond's top homebuilders, closing 100 homes in 2020 and on-pace to close 135 in 2021 . Lead by homebuilding veteran Jeff Tunstall, the company offers beautiful, quality-built homes customized to fit a homeowner’s personality and lifestyle. CraftMaster builds in new home communities in Central Virginia that offer residents an abundance of resort-style amenities from pools to golf courses, playgrounds, and more! Find out how we build more into every home. www.CraftMasterHomes.com