AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Southern Land Company Hires Experienced Industry Leader as National President of Homebuilding and Acquisitions

May 21, 2019

NASHVILLE, Tenn.--(BUSINESS WIRE)--May 21, 2019--

Southern Land Company, a national real estate developer of mixed-use developments and master planned communities, today announces the hiring of David Bracht as President of Homebuilding and Acquisitions.

Bracht has been appointed to take on a strategically important role for the company as it seeks to take best practices from its award winning Westhaven community in Franklin, Tenn. to plan and execute new master planned communities across the United States.

“We are very pleased to welcome an industry leading professional of David’s caliber to lead Southern Land’s homebuilding future,” said Tim Downey, Chief Executive Officer of Southern Land. “David already knows Nashville and Denver, two of our largest markets, exceptionally well. We will empower him to expand our homebuilding practice where he sees opportunity and acquire the best sites to develop large, master-planned communities. David possesses the vision and vast experience to enable Southern Land to maintain our highest standards as we expand our single-family communities nationally.”

Bracht is a 28-year veteran of the homebuilding industry with 20 years in the Denver market and the remaining 8 years in Michigan, Phoenix, Cincinnati/Northern Kentucky and Philadelphia. Before joining Southern Land, he was the Denver Division President and Land Company President for Oakwood Homes overseeing all land acquisition, entitlement and development activities for the entire company as well as all aspects of the Denver Divisions operations including sales, construction, purchasing, finance and warranty, having full P&L responsibility.

Prior to Oakwood, he was the Midwest Regional President for the Drees Company in Fort Mitchell, Kentucky. He has also been a homebuilding or land division president for Pulte, Lennar and Neumann Homes in Denver and Richmond American Homes in the Delaware Valley. Bracht graduated with a Bachelor’s degree in Accounting from Wayne State University in Detroit, Michigan, and earned his CPA working for Arthur Andersen & Company. He held several divisional, regional and national finance related positions with Pulte and Richmond.

Bracht relocated to Nashville where he has extended family. Southern Land’s headquarters just relocated to the company’s Vertis Green Hills project.

Southern Land is known nationally for its ability to execute in-house disciplines at all stages of the development cycle of new mixed-use, commercial, single-family and multifamily communities.

Across its footprint nationwide, Southern Land Company employs approximately 300 individuals. It has executed 22 large scale projects across the country and is actively acquiring more land and planning more activity.

For more information visit: www.southernland.com

About Southern Land Company

Southern Land Company builds quality communities that enhance the lives of residents and tenants across the United States. With a comprehensive set of services that span the entire development cycle, Southern Land Company delivers distinctive settings where people want to live, work and shop. By upholding stringent standards for single-family, multifamily and mixed-use developments, the company creates projects with long-term viability that investors, residents, employees and partners can rely on. Founded in 1986, Southern Land Company is headquartered in Nashville, TN and develops properties in several key U.S. markets. www.southernland.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005164/en/

CONTACT: Justin Wilson

justin@hallstrategies.com

615-242-8856

KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE

INDUSTRY KEYWORD: BUILDING SYSTEMS REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Southern Land Company

Copyright Business Wire 2019.

PUB: 05/21/2019 08:00 AM/DISC: 05/21/2019 08:01 AM

http://www.businesswire.com/news/home/20190521005164/en

All contents © copyright 2019 The Associated Press. All rights reserved.