Lake Homes Realty and sister company, RealSource Title Insurance and Real Estate Closing, plan to establish a new headquarters operation in Hoover, Alabama. The $1 million project is expected to create 400 jobs over the next five years.
The companies are taking space at 500 Corporate Parkway in the Meadbrook office park off U.S. 280. The headquarters move aligns with major growth initiatives for both companies, according to company officials.
“500 Corporate Parkway met our current business needs while having plenty of room for future growth,” said Glenn S. Phillips, CEO of Lake Homes Realty.
Lake Homes Realty currently serves 33 states, while RealSource operates in 12 states and will be operating in more in the near future.
“The recent commitment of Lake Homes Reality and RealSource to permanently anchor their national headquarters in Alabama is another testament to the strong business environment we all strive to create,” said Vince Perez, a senior project manager for the Alabama Department of Commerce. “We are proud that Lake Homes Realty and RealSource share in our vision that Alabama is a great place for an innovative businesses to start, grow and thrive.”