The Dallas Business Journal (DBJ) recently named Bright Realty as the third largest residential developer in North Texas. In addition, Castle Hills, Bright Realtys master-planned community, was named as North Texas third largest residential development.
Bright Realty and Castle Hills were both featured in the DBJs The List, annual rankings compiled by researchers at the publication. According to the DBJ, The List names the hottest area companies in their fields, is a trend-tracker, serves as a barometer for the economy and keeps an eye on whats up, whats down, whos in and whos headed out.
North Texas residential developers were ranked by the number of local lots developed or under construction in 2011. Bright Realtys 571 lots beat out other well-known developers such as Hillwood Communities and Hines. Residential developments were ranked by new home starts through the first quarter of 2012. Bright Realtys Castle Hills, a 2,500-acre Lewisville master-planned community, came in at 226 starts, just under Trophy Club and McKinneys Westridge community.
Being number three in this highly competitive market is an accomplishment and we are proud to be recognized for our hard work and success, said Eric Stanley, Bright Realty president and chief operating officer.
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