Clayton Properties Group has acquired more than two hundreds acres in Durham, N.C., for what could be a large residential project. The builder spent more than $6.5 million for 216 acres off Olive Branch Road in Durham.
Clayton Properties Group is the site-built housing division of Clayton Homes, one of the nation's largest builders of manufactured homes. The company is a subsidiary of Warren Buffett's Berkshire Hathaway. Mungo Homes, a partner builder to Clayton, filed plans last year to allow for the development of up to 616 homes on the property. Plans call for a mix of single-family homes and townhomes. The property is situated in southeast Durham. Reported by the Triangle Business Journal (June 4, 2020) For complete contact information for Clayton Properties Group, Mungo Homes and the other leading homebuilders in the U.S. including all corporate, region and division offices and top personnel, refer to The Directory of Multifamily Builders & Developers and Online Database.
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