Modern Home Builder - Winter 2016 - Volume 2 - 97
" We've been increasing our business each year since the housing market
came back through careful, slow growth. " EYAL AVNON, PARTNER
Rialto Homes builds for homeowners looking to "move up" in the quality of their homes.
Rialto Homes seeks to constantly build on its
homebuilding knowledge. BY JIM HARRIS
www.rialtotexas.com / Headquarters: San Antonio, Texas
/ Employees: 20 / Specialty: Semi-custom production
Rialto Homes considers itself a "true opportunist" when it
comes to taking advantage of and building on the knowledge of its
staff. "We picked what was arguably the worst time to kick off a
production homebuilding company, and so we had to quickly adjust to the changing real estate climate and pursue a niche," says
Partner Eyal Avnon. "We have many systems in place that allow
us to operate like one of the big guys in the market, but we're not
so big that we can't make decisions and implement changes like a
more nimble, local custom homebuilder can."
Avnon's father founded the San Antonio, Texas-based company
in 2006, and ramped up to close on its first homes in 2007, shortly
before the national housing market downturn. "I think it's remarkable that the company was able to operate through the downturn
and come out on the other side as healthy as we have," he adds.
The company last year closed on 47 homes, and projects to
close on between 50 to 60 homes this year. Rialto Homes generally builds residences priced $500,000 and up to customers lookWinter 2016 Volume 2 www.mhb-magazine.com