Kevork Hovnanian, founder and chairman of the sixth largest U.S. homebuilder group, Hovnanian Enterprises, died last week at age 86. Hovnanian reportedly founded the now-50-year-old firm on a $20,000 loan and served as an executive at the company until 1997. His son, Ara Hovnanian, is now CEO of Hovnanian Enterprises, which builds homes in 18 states.
|Brock Development scores loan, breaks ground on Palm Beach Gardens hotel|
|The Weekly Dish: Bocce Bar’s space to become Skorpios restaurant & more|
|South Florida construction starts spike in January: report|
|Can a startup Miami brokerage make the flat-fee model work?|
|General Growth Properties raises its ownership stake in Miami Design District|