In one development south of the Sonoma County Fairgrounds, 21 partially completed townhouses - some lacking finished roofs - sat empty for several winters until a bank was able to find a national homebuilder to buy the units and build out the subdivision.Ĭhristopherson Homes eventually closed its doors. As a result, he said, few remain in business today.ĭuring the downturn, some of Christopherson Homes’ unfinished projects remained on display in the company’s hometown. “Almost everybody got clobbered,” longtime Santa Rosa builder Tux Tuxhorn said of the local construction companies. soon found themselves unable to sell homes, borrow money or pay their bills.
#SYNERGY GROUP BY CHRISTOPHERSON PROFESSIONAL#
The trade publication Professional Builder ranked it as the nation’s 179th-largest builder in 2007 with $113 million in revenues.īut when the financial crisis hit that year, homebuilders around the U.S. Before the last recession, the Santa Rosa company employed more than 200 people and was building homes in nine counties.
“The land isn’t there and the obstacles are great.” The challenges, he said, include obtaining financing for new subdivisions and a spate of new building regulations that have taken effect in the last five years.Ĭhristopherson Homes constructed nearly 6,000 homes since 1978 and enjoyed a reputation for quality work. “It’s not going to be the way it was,” Christopherson said Monday while announcing the new company. But the company’s diversification also reflects longtime builder Keith Christopherson’s cautious outlook for the region’s homebuilding industry. The makeup of the new company, Synergy Group by Christopherson, plays to the experience the owners have developed, some of it gained in the lean days of the downturn. Instead, along with building new residences, their enterprise will include three other divisions to sell, flip and renovate existing homes. However, family members say their new company won’t focus solely on new home construction. The Christopherson family, once owners of Sonoma County’s largest homebuilding company, are preparing early next year to break ground on their first residential subdivision here since the housing market’s crash.
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