Mercedes Homes was a home building company headquartered in Melbourne, Florida, USA. Mercedes Homes was founded in 1983 and built new homes and communities throughout Florida, Texas, North Carolina, and South Carolina. It has since built homes for over 40,000 families. In 2007, Mercedes Homes was ranked #30 on the 2007 BUILDER 100 with 2,357 closings (down 45% from 2006) and $724 million in revenue (down 44% from 2006). Corporate history Mercedes Homes was established in 1983 by Howard Buescher, a veteran of the homebuilding business, and his daughter Susan Girard. He named the new company after his wife, Mercedes. Howard's other children followed him into the business and in 2009, five of them had executive positions in the company. As of January 13, 2012 Mercedes Homes has closed their building division, the company has issued a statement that they intend to complete all homes currently under construction and finalize all active sales, but no new projects will be started. Mercedes Homes has also stated they are exploring options to complete unfinished developments, that may include, soliciting a new builder, completing the projects under another LLC/Division or selling the development rights. Key executives The key executives are: Keith H. Buescher, President Howard Buescher, Founder and Chairman Susan Girard, Co-Founder Scott Buescher, Chief Operating Officer Linda Swain, Regional President Divisions Mercedes homes had three divisions: Florida (Daytona, Ft. Myers, Jacksonville, Melbourne, Ocala, Orlando, Port St. Lucie, Tampa, Palm Bay) Texas (Austin, Dallas, Houston, San Antonio) Carolinas (Charlotte) Corporate structure Mortgage Brokering and Lending Services: Cornerstone Home Mortgage Corp (dba MHI Mortgage) provides mortgage brokerage and lending services to customers. Title and Closing Services: BDR Title Corporation and BDR Title Corporation of Texas, Inc. provide a full range of closing and title services to customers in the states of Florida and Texas, including the issuance of title insurance policies in connection with the sale of homes constructed by Mercedes Homes. Manufacture and Supply of Construction Components: Space Coast Truss, Inc., and Solid Wall Systems, Inc. manufacture and supply components for use in the construction of homes, including roof and floor trusses and concrete walls, to Mercedes Homes and to unrelated homebuilders. Real Estate Services: Mercedes Homes Realty, Inc (dba MHI Realty) and Our House Realty, Inc. provide Mercedes Homes’ customers with real estate sales services in the states of Florida and Texas. Insurance: Preferred Home Insurance, Inc. provides MHI customers with homeowners’