MGM Construction Company
Company Overview
MGM Construction Company, located in Macomb County, Michigan, is a renowned custom home builder with a legacy dating back to 1959. The company specializes in constructing custom new homes on vacant lots and offers move-in-ready homes in various desirable communities in Southeast Michigan, including Romeo and New Baltimore.
Founding and Legacy
Founded in the late 1950s, MGM Construction was once the largest construction company in the area. Over the past sixty years, MGM has maintained its reputation through exceptional craftsmanship and a commitment to quality. The company remains family-owned, with second and third-generation family members actively involved in daily operations, ensuring extensive experience and expertise in the home-building industry.
Key Values and Craftsmanship
MGM Construction prides itself on durable, quality homes built with exceptional attention to detail. Each home is custom-designed, allowing clients to choose floor plans, layouts, styles, and finishes to meet their specific requirements. The company ensures that each home is unique and meticulously crafted, reflecting the client's vision and achieving perfection in every detail.
Current Developments
The company has several developments in Southeast Michigan. Notable communities include:
- Applegrove II Condominiums: Now taking reservations.
- Clover Field Village Subdivision: Featuring move-in-ready homes, such as the 2,286 sq. ft. colonial property currently available for immediate occupancy.
Company Commitment
MGM Construction aims to make the home-building process as easy and stress-free as possible. Their homes are brand new, well-built, and located in some of the most desirable areas in Macomb County, guaranteeing that clients receive homes requiring the least possible maintenance.
Contact Information
For more information or to schedule a tour, prospective clients can contact MGM Construction at:
- Phone: (586) 293-0360
- Address: 29920 Little Mack Ave, Roseville, MI 48066
- Website: [homesbymgm.com](https://www.homesbymgm.com/)
Leadership and Team
The family-operated nature of MGM Construction reinforces its long-standing traditions and commitment to integrity. The leadership, comprising multi-generation family members with vast experience, ensures that the company's foundational values and quality standards are upheld in every project.
Competitor Profile
1. D.R. Horton, Inc.
Overview:
- Industry: Home construction
- Founded: 1978
- Headquarters: Arlington, Texas, U.S.
- Production Output: 82,917 new home deliveries (2023)
- Financials (2023):
- Revenue: $35.5 billion
- Net Income: $4.75 billion
- Total Assets: $32.6 billion
- Total Equity: $22.7 billion
- Number of Employees: 13,450
Key Details:
- Largest homebuilder by volume in the U.S. since 2002.
- Operates in 90 markets across 29 states.
- Notable brands include D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes.
- Significant acquisitions include Continental Homes, Pacific Ridge Homes, and Wilson Parker Homes.
2. Lennar Corporation
Overview:
- Industry: Home construction
- Founded: 1954
- Headquarters: Miami-Dade County, Florida, U.S.
- Production Output: 73,087 new home deliveries (2023)
- Financials (2023):
- Revenue: $34.23 billion
- Operating Income: $5.366 billion
- Net Income: $3.938 billion
- Total Assets: $39.23 billion
- Total Equity: $26.58 billion
- Number of Employees: 12,284
Key Details:
- Second-largest home construction company in the U.S. by number of homes sold.
- Operates in 26 states and 75 markets across the nation.
- Public since 1971; NYSE component since 1982.
- Brands include Lennar, Village Builders, CalAtlantic Homes, and Lennar Mortgage.
- Notable acquisitions include Newhall Land and Farming Company, U.S. Home Corporation, and WCI Communities.
3. PulteGroup, Inc.
Overview:
- Industry: Home construction
- Founded: 1950
- Headquarters: Atlanta, Georgia, U.S.
- Production Output: 28,894 new home deliveries (2021)
- Financials (2021):
- Revenue: $13.927 billion
- Net Income: $1.93 billion
- Total Assets: $13.353 billion
- Total Equity: $7.49 billion
- Number of Employees: 6,182
Key Details:
- Third-largest home construction company in the U.S. by number of homes closed.
- Operates in 44 markets across 23 states.
- Public since 1972; experienced significant growth through acquisitions such as Centex and Del E. Webb Construction.
- Diverse portfolio includes operations in homebuilding, mortgage banking, and title and insurance brokerage.
4. Toll Brothers, Inc.
Overview:
- Industry: Home construction
- Founded: 1967
- Headquarters: Horsham, Pennsylvania, U.S.
- Production Output: Varies annually; luxury focus
- Financials (2023):
- Revenue: Not specified from provided data, but known for high average sale prices.
- Rank: 411th on the 2021 Fortune 500 list
- Number of Employees: Not specified from provided data
Key Details:
- Specializes in luxury residential properties and is considered the leading builder in this market segment.
- Public since 1986; NYSE component.
- Notable for comprehensive offerings that include design, construction, marketing, and sale of luxury homes.
- Known for high-quality craftsmanship and customer satisfaction.