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T. H. Properties (THP)

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T. H. Properties (THP)
Private
ISIN🆔
IndustryConstruction, real estate
Founded 📆1992
Founder 👔
Headquarters 🏙️Harleysville, Pennsylvania United States
Area served 🗺️
Products 📟 New homes
Revenue🤑 $125 million USD (2008)
Members
Number of employees
30, est. (August 2014)
🌐 Websitewww.thproperties.com
📇 Address
📞 telephone

T. H. Properties (THP) is a suburban Philadelphia-based builder with a corporate office located in Harleysville, Pennsylvania.

History

T. H. Properties, also known as "THP", acquires, develops, constructs, and sells housing communities in southeastern Pennsylvania and New Jersey.

THP was founded in 1992.[1] The company was the eighth fastest growing builder in 2007 with a 13% increase in home closings and a 24% increase in annual revenue.[2][not in citation given] Builder Magazine ranked THP #78 on its Builder 100 list in 2008, which is based on the total number of settled homes in a specific year.[3] In 2009, the company declared Chapter 11 bankruptcy.[4] A federal court reopened the bankruptcy case in 2015.[5]

References

  1. "TH Properties LP - Company Profile and News". Bloomberg.com. Retrieved 2021-01-05.
  2. "T.H. PROPERTIES". www.builderonline.com. Retrieved 2021-01-11. Unknown parameter |url-status= ignored (help)
  3. "2009 Builder 100". www.builderonline.com. Retrieved 2021-01-05. Unknown parameter |url-status= ignored (help)
  4. Di Domizio, Tony (2009-07-22). "Judge says no to TH Properties". The Reporter. Retrieved 2022-06-17.
  5. Sokil, Dan (2015-04-29). "Lower Salford-based TH Properties' bankruptcy case reopened". The Reporter. Retrieved 2022-06-17.


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