RE #101: Chris Weekley - Executive Vice President at David Weekley Homes
The FORT with Chris Powers
Chris Weekley is the Executive Vice President at David Weekley Homes, one of the largest privately-held home building firms in the country. On this episode, they discuss the culture at DWH, Weekley's different product types in home building, the challenges and opportunities in home building, markets across the country, what 2020 presented for home builders, and what 2021 looks like. Enjoy! Follow Chris on Twitter: www.Twitter.com/FortWorthChris Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ Connect with Chris Weekley: www.linkedin.com/in/chris-weekley-892960/ (02:13) - Chris’ Story Acton School of Business | MBA (06:41) - Growing up, was your father’s work/family separation intentional in light of running a family business? (07:36) - How is 'The Life of Meaning Class' at Acton structured? How do they get the answer out of you? (10:05) - Where did you go after you got your MBA? (12:58) - How does David Weekley Homes's approach to team culture allow it to be able to retain talent for so long? (17:15) - What is David Weekley University and how did it come about? (19:43) - What’s the application process to get into DWU? (20:34) - How many markets are you in? How do you think about moving into new markets? (23:19) - Where are the hottest markets in the country right now? (24:52) - What are the 'Encore and Imagination' projects within David Weekley Homes? (26:36) - Do you focus more on central or suburban living for 'Imagination'? (28:33) - For the active adult communities you develop, do they have to be empty nesters or are they able to have kids with them? (29:31) - What are things that the 55+ age people want in a house & community? (31:17) - Are you anticipating a trend of home-offices being built in light of COVID? (32:44) - Are the millennials buying later in life? Are they requiring different things in their builds? (34:44) - How do you think about designing communities and commuting as Uber and self-driving cars continue to become more popular? (37:20) - How do you think about the growing asset class of single-family rental? (40:55) - What are the specific differences between the single-family rentals and what you normally build? (42:22) - How do you raise money to build all these homes if you aren’t public? (44:04) - How do you think about the year following a sale with home builders having to eat a lot of costs after the fact with different warranties or finishes that arise? (47:27) - How are you thinking about the high cost of lumber? Are you hedging your bet on that? (49:50) - What are the biggest challenges that you think about on a day-to-day basis? (51:53) - Is the USA under-built or over-built? (53:01) - Is there any technology on the horizon that will have a dramatic impact on the speed of building or cost of homes? (55:01) - Is there any silver bullet to combat the increased difficulty of working with cities? (57:23) - Do you have a childhood experience that has changed the direction of your life? Boy Scouts Outward Bound Amigos De Las Americas (58:57) - What’s the best advice you’ve ever received? (1:00:16) - Are there any books that have had an impact on you? Clive Cussler - The Dirk Pitt Adventures Grit - Angela Duckworth Shoe Dog - Phil Knight Adam Grant books The Dichotomy of Leadership - Jocko Willink (1:01:37) - Chris’ Book Club w/ His Management Team The FORT with Chris Powers is produced by Straight Up Podcasts
Season 2! Our first guest of season two is David M. Weekley, Chairman of David Weekley Homes. Mr. Weekley began his home building company at the age of 23. The Company has been named to FORTUNE magazine’s “100 Best Companies to Work For®” list 14 times. David Weekley Homes has earned multiple honors in the areas of product design, marketing and management, and closed over $2.1 billion worth of new homes in 20 different cities in 2019. David Weekley is an avid student of the most progressive management methodologies, where people are the primary focus of the organization. The Company has been named to FORTUNE magazine’s “100 Best Companies to Work For®” list 11 times. David Weekley Homes has earned multiple honors in the areas of product design, marketing and management, and closed over $1.96 billion worth of new homes in 22 different cities in 2017. As a community leader and Distinguished Eagle Scout, David is Past Chairman of the Sam Houston Area Council of Boy Scouts, Past President of the Greater Houston Builder’s Association, former Chairman of Metro Houston Young Life, former Chair of the Greater Houston Community Foundation former Chair of the Houston Young Presidents’ Organization, and Board Chair of Alpha Houston. In addition, he is a member of numerous other non-profit Boards. As Chairman of the David Weekley Family Foundation, David practices a venture philanthropy model of investing treasure, time and talent to grow non-profits and social enterprises serving the poor and disadvantaged. The Foundation’s international portfolio concentrates on improving education, health and livelihoods with a focus on helping young, innovative organizations scale up their proven models to reduce global poverty. Whether it is given locally or internationally, David is committed to improving the lives of less fortunate. David holds degrees in Economics and Geology from San Antonio’s Trinity University. He and his wife, Bonnie, have been married for 44 years and have three children and seven grandchildren.David Weekley Home WebsiteDavid Weekley Homes InstagramChasing What Matters InstagramChasing What Matters Website
David Weekley Homes Expanding in 20+ New Home Markets
Atlanta Real Estate Forum Radio
Known for building a quality product with a quality team, David Weekley Homes is currently focused on expanding within the 20+ new home markets it serves. Atlanta Division President Eric Price joins Atlanta Real Estate Forum Radio for a bonus All About Real Estate segment to discuss its new Atlanta homes and involvement in the community with co-hosts Carol Morgan and Todd Schnick. From Historic Kirkwood and the Marietta/Smyrna area to Alpharetta and Milton, David Weekley Homes offers a variety of products in sought-after locations. One community located in Woodstock, Heritage at Towne Lake, is about half sold out with roughly six quick-delivery homes available now. Priced from the mid-$300,000s, the single-family homes at Heritage Towne Lake offer 1,780 to 2,535 square feet of living space with seven home designs to choose from. This gated, 55+ community offers a low-maintenance lifestyle to its residents. Nearby in Marietta, low-maintenance, single-family homes are also available at Marietta Township. Priced from the $366,000s, homes offer 1,771 to 2,561 square feet of living space in a gated setting. With six single-level designs to choose from, there are plenty of options for active-adult buyers. Only three opportunities remain at The Reserve at Old Atlanta, a community of single-family homes in Suwanee. Starting from the $637,000s, homes offer 3,355 to 3,614 square feet of impressive living space. Time is running out to join this family-friendly, Forsyth County community. Additionally, New Smyrna homes are now selling at Enclave at Belmont Commons and Enclave Belmont Cottages. Belmont Commons features single-family designs from the $388,000s ranging from 1,722 to 2,495 square feet while Belmont Cottages features detached townhomes from the $339,000s with 1,502 to 1798 square feet of living space. Residents of this gated community enjoy an impressive amenities package that includes a pool and cabana. David Weekley Homes also features a combination of single-family homes and townhomes at Hargrove, a new Decatur community. Starting from $456,166, townhomes feature 1,657 to 2,160 square feet of living space while single-family designs offer 2,260 to 2,741 square feet of living space from the $546,159s. The home builder also prides itself on its community involvement. Most recently, the David Weekley Care Group partnered with HomeAid Atlanta to construct access and handicap ramps on area homes. Coming up, the Care Group will collect non-perishable items and turkeys for the Thanksgiving season. To learn more about new communities coming soon from David Weekley Homes and agent and buyer incentives, listen to the full interview above. Click here for more information. A special thank you to Jackson EMC for sponsoring Atlanta Real Estate Forum Radio. Jackson EMC offers homebuyers peace of mind and lower bills with its certified Right Choice™ new home program. These homes are built to be energy efficient and sustainable with improved indoor air quality, convenience and comfort. For more information on Right Choice new homes and Jackson EMC, visit https://RightChoice.JacksonEMC.com. The Atlanta Real Estate Forum Radio “All About Real Estate” segment, presented by Denim Marketing, airs on Wednesdays and highlights the movers and shakers in the Atlanta real estate industry – the home builders, developers, Realtors and suppliers working to provide the American dream for Atlantans. For more information on how you can be featured as a guest, contact Denim Marketing at 770-383-3360 or fill out the Atlanta Real Estate Forum contact form. Subscribe to the Atlanta Real Estate Forum Radio podcast on iTunes, and if you like this week’s show, be sure to rate it. The post David Weekley Homes Expanding in 20+ New Home Markets appeared first on Atlanta Real Estate Forum.
Rev. David Weekly is a United Methodist Pastor, serving at St. Nicholas United Methodist Church, and he is a transgender man. David resides in Massachusetts with his wife, Deborah. In 2009, David share his story in his book, 'In from the Wilderness: Sherman: She-r-man.' Recorded on 9/10/17 The purpose of 'We Are Compatible' is to explore the lives of LGBTQ+ individuals and families as well as their allies in order to show that, regardless of what the United Methodist Book of Discipline may say, they are, in fact, compatible. Please join hosts, Alex Shanks and Josh Culbertson, as they explore these stories of courageous authenticity. Facebook: www.facebook.com/wearecompatible Twitter: @wearecompatible E-mail: email@example.com If you would like to support this podcast financially, please click the link below: https://act.myngp.com/Forms/-3552487593902536960 Or mail checks to: Equality Ohio Education Fund; 118 E. Main St; Columbus, OH 43215. Write 'We Are Compatible' in the memo line.