Modern Home Builder - Winter 2017 - 96

RALLY HOMES

" We're trying to stay as local as we can right now as we grow because it's
easier for us to manage. " TONY MONTALBANO, OWNER

Operating with the belief that quality is better than quantity, owner Tony Montalbano says clients are
pleased with the high-end features that come standard in Rally's homes.

Solid
Structure
Rally Homes reimagined itself as a smaller
homebuilder with an even greater emphasis
on quality. BY TIM O'CONNOR
PROFILE
RALLY HOMES
www.rallyhomes.net / Headquarters: Oak Brook, Ill. /
Specialty: Semi-custom homes and townhomes

96

www.mhb-magazine.com Winter 2017

When Tony Montalbano Sr. founded homebuilder Montalbano Homes in 1975, he started off building one custom home at
a time. But then, as now, he learned to adapt with the market. By
the late 1970s, Montalbano Homes had moved into semi-custom
projects and begun buying land to develop.
The company completed its first subdivision in the 1980s and
grew exponentially. At one point, Montalbano Homes was simultaneously building 14 communities in the Chicago suburbs and was
considered one of the top 25 homebuilders in Illinois.
Montalbano Homes's success opened opportunities in other markets. From 2002 to 2003, the company acquired several developers
in Arizona and expanded its operations to the Southwest. Its workload grew to 30 communities between Illinois and Arizona at one
time, and it developed more than 900 homes annually at its peak.
Then the Great Recession hit and the market suddenly changed.
The value of homes dropped drastically and suddenly. Montalbano's son and partner, Tony Montalbano Jr., says the appraised value


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Table of Contents for the Digital Edition of Modern Home Builder - Winter 2017

Contents
Modern Home Builder - Winter 2017 - Cover1
Modern Home Builder - Winter 2017 - Cover2
Modern Home Builder - Winter 2017 - 1
Modern Home Builder - Winter 2017 - 2
Modern Home Builder - Winter 2017 - 3
Modern Home Builder - Winter 2017 - Contents
Modern Home Builder - Winter 2017 - 5
Modern Home Builder - Winter 2017 - 6
Modern Home Builder - Winter 2017 - 7
Modern Home Builder - Winter 2017 - 8
Modern Home Builder - Winter 2017 - 9
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Modern Home Builder - Winter 2017 - 11
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Modern Home Builder - Winter 2017 - Cover3
Modern Home Builder - Winter 2017 - Cover4
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