Ryan Homes Quietly Enters Indianapolis Market - Buys CP Morgan's Foreclosed Lots

Posted Oct 6, 2009 @ 1:34 pm, Viewed by 205 Visitors, Read 227 Times.

We have confirmed that Ryan Homes has entered the Indianapolis market through the acquisition of over 800 foreclosed lots originally owned by CP Morgan. Interestingly, the local media has not covered this story.

CP Morgan had a long history of building homes throughout Metro Indianapolis and was the largest home builder for several years.  CP announced is was going out of business and stopping production of new houses in February, 2009.

Ryan Homes (NYSE: NVR) also has operations in Maryland, Virginia, West Virginia, Pennsylvania, New York, North Carolina, South Carolina, Ohio, New Jersey, Delaware, and Kentucky. 

Ryan will be building homes in Franklin, Greenwood, Noblesville, and Brownsburg with models opening in January.  

We will soon add Ryan to our builder directory located here.

 

Hello and welcome to the Indianapolis Real Estate blog for ICON Realty Partners, LLC. We hope you enjoy our thoughts on relevant local and national real estate stories. We welcome anyone; buyers, sellers, journalists, or another real estate professionals to share your thoughts by commenting below each entry.

The ICON Team
ICON Realty Partners, LLC
Indianapolis Real Estate
Phone: 317-572-7728

  • Rate this Post!
  • Print

This Post Has No Comments.

REW Blogs User Stats
Currently Online Users: 1
Total Users: 2,389
Entries: 7,602
Unique Views: 6,445,266
Total Views: 6,782,870
Total Comments: 9,372
Total REW Points: 510
MMatyanowski

MMatyanowski Mark is an experienced real estate broker with services throughout metro Indianapolis - Fishers, Carmel, Zionsville, Westfield, Noblesville, and Brownsburg. About ICON Realty Partners, LLC and our Indianapolis Real Estate Guide: IndyHomeSpecialist.com: Yes, you can call us Real Estate Junkies! Read More

Blog Tags
This User's Stats
Blog Entries: 1
Average Blog Rating: 0
Unique Views: 206
Total Views: 228
Comments Posted: 1
Comments Received: 0
REW Points: 0
Listed In