Mercedes Homes "winds down" with liquidation

Back in January, I posted here that Mercedes Homes was ceasing operations.

Now this from Mercedes Homes' website:


"Liquidation Disclosure

Mercedes Homes, LLC, a Florida limited liability company, and its subsidiaries and affiliates (collectively "Mercedes Homes") have initiated a plan of liquidation ("Plan") to wind down and conclude business operations. The sale of homes by Mercedes Homes is made pursuant to the Plan. Since Mercedes Homes will be concluding its business operations, Mercedes Homes extends no warranties, either express or implied with respect to any home sale. The only warranty to be provided is a third party warranty issued by Bonded Builder, an unaffiliated third party home warranty provider."

Mercedes Homes ending operations

Mercedes Homes has announced that it is ending operations, two years after filing for Chapter 11 bankruptcy.  Florida Today reports that the home builder plans "to cease operations after its contracts for new homes are satisfied, though no exact timeline was provided".  The builder has had presence in the New Tampa and Wesley Chapel area for many years.

Full story

One more new home builder files for bankruptcy

Well, the list keeps growing longer and longer. The St. Petersburg Times reports that Mercedes Homes has filed for Chapter 11 bankruptcy. The list of new home builders with local presence who have not filed for bankruptcy or chosen to leave the market is much shorter than those who have! Full Story