Patrick Malloy Communities received the distinguished Atlanta Business Chronicle’s Pacesetter Award for its performance in 2005. The award recognizes the 50 fastest growing privately held companies in metro Atlanta. Atlanta-based Patrick Malloy Communities closed out 2005 as one of the area’s largest home builders, setting a company record for the second consecutive year.

Since the company’s inception in 1994, Patrick Malloy Communities has developed 22 neighborhoods across six Atlanta-area counties. In 2005, Malloy closed on more than 300 single-family homes and townhouses with an average selling price of $191,500 and had total revenue for the year of $60.5 million. Those figures represent a 34 percent growth in closings and a 36 percent increase in revenue over 2004. In addition, the company increased from 42 employees in 2003 to 62 employees in 2005.

“Investments in our people and technological infrastructure, combined with evolving our home plans to fit the needs and lifestyles of the changing marketplace, have been instrumental to our success,” said Patrick Malloy. “We strive to build quality homes with a sense of character in communities of distinction around the metro Atlanta area, while continuing to improve our operating procedures, business standards and experienced team.”

The Company continues its record growth in 2006 by reporting 48 home closings in March, a new record for Patrick Malloy Communities. In addition the company reports 90 closings for the first quarter of the year.

Patrick Malloy Communities is among the most active builders in the metropolitan Atlanta area, having built homes in several master planned communities including: Monarch Village, Summergrove, Avery Park, Canterbury, City Square, Mirror Lake, Anneewakee Trails and Ridenour. The Company is also a key home builder at Harmony on the Lakes in Cherokee County, StoneBridge in Coweta County, and is actively building in Union Crossing, The Lakes at Cedar Grove, and Providence Place all in South Fulton.

Following both his father and grandfather into the homebuilding business, Malloy purchased the family owned business in 1994. Under his direction, the firm was restructured and the focus shifted to building in master planned communities. Patrick Malloy Communities strives to provide high quality homes to young professionals and families at affordable prices.
Homes built by Patrick Malloy Communities offer exceptional features and fine details usually reserved for higher-priced homes.

These features often include spacious rooms; arched entryways; vaulted and trey ceilings; quality name brands; and nine foot ceilings on the main story. Architectural details and a variety of materials help define the distinctive home exteriors. Intricate care is taken to ensure a quality home at an affordable price.

For more information visit: www.pmcommunities.com.

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