Record breaking 2006 for Patrick Malloy Communities thus far

Thu, 07/20/2006 - 12:30pm
By: The Citizen

Patrick Malloy Communities reports record-breaking sales in May 2006. This follows five consecutive months of strong sales, continuing to secure the company’s position as metro Atlanta’s fastest growing homebuilder. During the month ending May 31, Patrick Malloy Communities sold 46 new homes. This represents an increase of 42% from sales during May of 2005. It is also is an increase of 19% over the same five-month period during 2005.

Patrick Malloy Communities finished 2005 as one of the area’s largest homebuilders closing on more than 300 single family homes and townhomes during the year.

“Our strong spring sales and record number of new home sales in May indicate that homebuyers appreciate the quality and value of our homes, as well as the communities in which we build,” said Patrick Malloy, president of Patrick Malloy Communities. “Our customers are looking for a distinctive home with interesting design elements. They also want to be in the most desirable communities with the best amenities and location. We have built our business by designing homes with unique architectural details and comforts, placing them in the best communities, and offering them at a desirable price point,” added Malloy.

Patrick Malloy Communities continues to build on its reputation of quality homes and quality service in some of the most desirable new locations and communities including:

StoneBridge in Newnan, Providence Place and Union Crossing in South Fulton, Brookmont in Douglas County, and Harmony on the Lakes in Holly Springs. Also new later this year are two new communities: Princeton Lakes in South Fulton, and Waterford in Forsyth County.
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 Mill Pond in Carroll County, Brookmont in Douglas County, and Union Crossing, The Lakes at Cedar Grove, and Providence Place all in South Fulton.

The Company was recently recognized with 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. Patrick Malloy Communities was also named to Builder Magazine’s 2005 Fast Track list of homebuilders nationwide.

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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