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JFB Construction Holdings Announces Commencement of Vertical Construction at The Preserve at Port Salerno, Fla.

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Anticipated Revenues of $12 million in 2026 for Construction on 79-unit Development Lantana, Fla., J...

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AI Summary

JFB begins vertical construction on a 79-unit development in Florida. Expected revenues from this project are $12 million in 2026. The project aims to capitalize on increasing South Florida population growth. CEO emphasizes growth opportunities from larger multi-family developments. JFB's reputation is strengthened by high client trust and repeat business.

Sentiment Rationale

The projected revenues of $12 million demonstrate growth potential, similar to past successful projects.

Trading Thesis

The project's completion in 2026 suggests benefits will accrue over several years, akin to past developments boosting JFB's profile.

Market-Moving

  • JFB begins vertical construction on a 79-unit development in Florida.
  • Expected revenues from this project are $12 million in 2026.
  • The project aims to capitalize on increasing South Florida population growth.

Key Facts

  • JFB begins vertical construction on a 79-unit development in Florida.
  • Expected revenues from this project are $12 million in 2026.
  • The project aims to capitalize on increasing South Florida population growth.
  • CEO emphasizes growth opportunities from larger multi-family developments.
  • JFB's reputation is strengthened by high client trust and repeat business.

Companies Mentioned

  • BZH (BZH)
  • LEN (LEN)
  • PHM (PHM)
  • DHI (DHI)
  • TOL (TOL)

Corporate Developments

The article discusses significant revenue potential, positively influencing investor perceptions and JFB's future growth prospects.

JFB Construction Holdings Commences Vertical Construction at The Preserve at Port Salerno, Fla.

On January 12, 2026, JFB Construction Holdings (Nasdaq: JFB), a leading developer in the construction of commercial, retail, and residential properties, announced the initiation of vertical construction for its notable project, The Preserve at Port Salerno. This development features 79 upscale townhomes, complete with a community clubhouse, pool amenities, and a designated preserve area, all situated in the picturesque Port Salerno, Florida.

Significant Revenue Projections from The Preserve Project

CEO Joe Basile, III highlighted the importance of this milestone, stating, “In April 2025, we were awarded a $21 million contract to act as the general contractor for The Preserve at Port Salerno, marking the largest single multi-family development construction contract in our company’s history.” Furthermore, JFB anticipates approximately $12 million in revenues from this project alone in 2026.

Market Insights and Growth Opportunities

As South Florida's population continues to grow, the demand for larger multi-family residential developments—including condominiums, townhouses, and rental units—is expected to rise. “We are on time and budget, and we believe projects such as The Preserve will lead to increased opportunities to manage larger construction projects and further establish the JFB brand,” Mr. Basile added.

Overview of The Preserve at Port Salerno

The Preserve is characterized as a luxury townhome community that consists of two-story rental units ranging from 1,600 to 1,700 square feet. Perfectly located in the tranquil Port Salerno/Stuart area, residents will enjoy easy access to the Intracoastal Highway, Atlantic Ocean, and Stuart Airport, making it an ideal choice for those seeking the vibrant South Florida lifestyle.

About JFB Construction Holdings

JFB Construction Holdings is recognized for its extensive experience in both residential and commercial construction. The company has successfully built multifamily communities, shopping centers, national franchises, exclusive estates, and equestrian homes, encompassing over 2 million square feet of retail and commercial spaces. JFB has cultivated a reputation founded on client trust and satisfaction, with most projects acquired through referrals and repeat customers across 36 U.S. states.

Cautionary Statement on Forward-Looking Statements

This announcement includes "forward-looking statements" that can be identified by terminology such as “may,” “anticipates,” or “expects.” Readers should not overly rely on these statements, as actual results may vary significantly. Future performance will depend on various factors, including market conditions and company strategy. JFB does not intend to update forward-looking statements unless required by U.S. federal securities laws.

Contact Information

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