Elite Properties of America Company Description
Real estate developer Elite Properties of America has been building its reputation in the Colorado Springs market since 1989. Doing business as Classic Companies, the company develops residential subdivisions, builds homes, and provides mortgages through an affiliated bank launched by company executives. It has more than 50 Classic Homes-brand single-family home floorplans, ranging in size from about 1,700 sq. ft. to more than 5,800 sq. ft.; prices start in the low $200,000s and go up to the upper $500,000s. Classic Companies builds some 650 homes per year, including townhomes. The company also offers design, title, land development, engineering, and other related services.
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The Company Description provides a historical perspective of Elite Properties of America's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Elite Properties of America's evolution in the marketplace.
