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Article: Family firm builds on area's home market: The Rey Group has also benefited from a decision to expand beyond housing into commercial properties.
- Article from:
- The Orlando Sentinel (Orlando, FL)
- Article date:
- August 8, 2006
CopyrightCOPYRIGHT 2006 The Orlando Sentinel. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Lynn Thomasson
Aug. 8--Five years ago, Rey Group Inc. was the nation's 400th-largest Hispanic-owned business, according to an annual magazine ranking. This year, the Orlando-based builder is No. 164.
Florida's booming housing market was obviously at play, but was that all?
"That was right during the years when VillaSol started getting going," said Patrick de la Roza, Rey Group's sales-and-marketing manager. "We also started doing some commercial properties."
In 2001, Rey Homes, the company's home-building subsidiary, began buying property in Kissimmee for a 690-unit resort-home subdivision called VillaSol. "We had developed ...