#USA #Charlotte #Hampton Roads #Eastwood Homes #Napolitano Homes

Eastwood Homes Acquires Napolitano Homes

In a significant move to extend its footprint in the Southeastern United States, Eastwood Homes has successfully acquired Napolitano Homes, a well-respected builder based in the Hampton Roads area of Virginia. This acquisition marks a pivotal moment for Eastwood Homes as they expand into yet another thriving market.

Expansion into Hampton Roads

Hampton Roads is a bustling region encompassing cities like Chesapeake, Virginia Beach, Norfolk, and others, making it a significant metro area—the second largest between Atlanta and Washington, D.C. With a growing population, this region offers an ideal foundation for Eastwood Homes' expansion. By acquiring Napolitano Homes, Eastwood is leveraging its strong reputation for quality homebuilding, a critical factor in this strategic decision.

A Shared Commitment to Quality

The leadership at Eastwood Homes emphasized that the cultural alignment and quality craftsmanship of Napolitano Homes played a considerable role in the acquisition. Clark Stewart, President of Eastwood Homes, stated, "The fit was perfect for us. Napolitano Homes prioritizes family first alongside their dedication to quality craftsmanship of their homes, which resonates with Eastwood Homes’ philosophy. It was an easy decision to make, and one that I am very proud and excited to be a part of."

Napolitano Homes, founded in 1977 by Fred Napolitano Sr. and his son Vince, has established a strong family-run legacy in the Hampton Roads area. The company takes immense pride in its family roots, with multiple generations actively involved in the business. Employees at Napolitano Homes are also treated like family, showcasing the company’s commitment to maintaining a collaborative and caring work environment.

Building a Stronger Future

This acquisition represents Eastwood Homes' tenth division and its second venture into the Virginia market. This strategic move is not only about expanding operations but also about enriching the local construction landscape through a partnership rooted in shared values and mutual respect. Both companies are dedicated to maintaining high standards in craftsmanship and customer satisfaction.

Eastwood Homes, initially founded by Joseph Stewart in 1977, operates numerous divisions across the Southeastern U.S. Their commitment to excellence has been evident with more than a third of their employees having over ten years of tenure—demonstrating not only expertise but loyalty and stability within the company structure.

Eastwood's expansions have included markets in North Carolina, South Carolina, Virginia, and Georgia, with over 140 communities in their portfolio. Their services also include the option to build on personal lots in select markets, further enhancing customization for potential homeowners.

Conclusion

The acquisition of Napolitano Homes by Eastwood Homes is a significant step that creates new opportunities for growth while amplifying the quality of residential offerings in Hampton Roads. Both firms celebrate a shared commitment to family values and high-caliber craftsmanship, promising to contribute positively to their communities. For more information on Napolitano Homes, you can visit their official site at napolitanohomes.com. Learn more about Eastwood Homes at eastwoodhomes.com.