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Louisville Builder magazine is the official monthly publication for the members of the Home Builders Association of Louisville. Articles in the magazine often feature information about HBAL’s signature events, products and services important to the building industry, local government news, regulatory and code change information, and more. This magazine is mailed to all current members of the Association each month
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HOLIDAY PARTY RECAP - ANNUAL AWARD WINNERS I HBAL WORkS TO BUILD ON ACCOmPLISHmENTS Of 2012
THE OffICIAL PUBLICATION Of THE HOmE BUILDERS ASSOCIATION Of LOUISVILLE, INC. VOLUmE 26, NO.02 fEBRUARY 2013
Billy Doelker
See member news and search for members at the new HBAL.com
HBAL.COM
THE N
EW
BuilDer of the year:
2 louisville builder • hbal.com
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feature2012 HBAL Holiday PartyThe Home Builders Association of Louisville hosted its Annual Holiday Party on November 30th at the Hyatt Downtown Louisville. Nearly 300 members and local elected officials turned out for the festivities which included the presentations of annual awards and the installation of the 2013 Board of Directors, Executive Committee and President Bob Thieneman, Jr. page 6
contents
THE OFFICIAL PUBLICATION OF THE HOME BUILDERS ASSOCIATION OF LOUISVILLE, INC.
vol. 26, no.02 february 2013
productsGas Fireplaces & Wine CellarsProducts every member should know about. page 20
eventsHome Garden & Remodeling ShowThe Home Garden & Remodeling Show,presented by Window World is March 1-3.page 12
association news
16 Chuck Kavanaugh Reflects on Term as EOC President
14 Membership Recruitment and Retention Keeps HBAL 2nd Largest HBA in the Country
18 HBAL Works to Build on Accomplishments of 2012
21 Be sure you’re signed up to attend Table Top Night
22 Financial Forecasts Are Cautious But Positive
departments
HOLIDAY PARTY RECAP - ANNUAL AWARD WINNERS I HBAL WORkS TO BUILD ON ACCOmPLISHmENTS Of 2012
THE OffICIAL PUBLICATION Of THE HOmE BUILDERS ASSOCIATION Of LOUISVILLE, INC. VOLUmE 26, NO.02 fEBRUARY 2013
Billy Doelker
See member news and search for members at the new HBAL.com
HBAL.COM
THE N
EW
BuilDer of the year:
Perspective Letter ................................5
Member Meetings ...........................26
Member News .................................27
New Members .................................28
Milestone Members ........................28
Honor Roll ......................................29
Members Pending ...........................29
Corporate Sponsors .........................29
Calendar of Events ..........................30
Cover: Revealed at the 2012 Holiday Party. Your 2012 Builder of the Year is Billy Doelker of Key Homes.
4 louisville builder • hbal.com
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Home Builders Association of Louisville, Inc.1000 North Hurstbourne ParkwayLouisville, KY 40223-4012(502) 429-6000FAX (502) 429-6036Email: [email protected] Site: www.hbal.com
2013 OFFICERS
Bob Thieneman, Jr.President
Perry LyonsVice President
Pat DurhamTreasurer
Don KaremSecretary
Tom RaverAssociate Vice President
Charles J. KavanaughExecutive Vice President
BUILDER DIRECTORSBrandon BaileyBrandon ButtorffTerry ChynowethMike Effinger Dave ErnstJeremy EspositoMichael IsaacDavid LurdingGeorge MillerJason OrthoberChris OsborneRocco PigneriMark SimpsonLeo Thieneman, Jr.
ASSOCIATE DIRECTORSDeborah BilitskiDavis BolandMira FarmerDave FrenchGreg GentryLarry HobsonAndrew HoldenJohn HollenbachPaul MieleDavid MindelDerek SmothersRon WibbelsBryan Wiegandt
HONORARY BUILDER DIRECTORClifford Thieneman, Sr.
HONORARY ASSOCIATE DIRECTORSFrank Arnold, Sr.Richard Bean
PUBLISHERCharles J. Kavanaugh
EDITORTara Brinkmoeller
ADvERTISINgMelissa MattinglyKimberly Greenwell502.429.6000
gRAPHIC DESIgNScott Dudgeon
WRITERSStacy Smith Rogers HBAL IssuesNancy Miller Product FeaturesHBAL Staff
PRINTINgUnited Graphics
The Home Builders Association of Louisville won the “Beat 2011 Surge Membership Drive” for the more than 1,000 member size category recruiting 175 new members during the two-month effort. This increase in membership represents a 9% increase dur-ing this time frame – that means almost 10% of our total membership was recruited during this member-ship drive! This outstanding achievement was accomplished because of the leadership of Bob Thieneman Jr., 2012 Membership Chairman and a group of dedicated and committed members, as well as that of the Member-ship Committee. There was a great amount of aware-ness of the benefits of membership and of doing busi-ness with a member that aided in the success. There were more than 50 members who partici-pated in the drive, it truly was a group effort; however, there are a few who took the contest to another level producing some amazing personal achievements. The Home Builders Association of Louisville would like to congratulate John Miranda, Pinnacle Properties of Louisville, for having recruited 42 new members dur-ing the drive. John was the number one recruiter for all of NAHB during the Surge Drive. As National Membership Committee Chairman, John has surely led by example – great job John! Several of our members were in the top ten of re-cruiting for our size category; congratulations also to the following members:#1 John Miranda, Pinnacle Properties of Louisville, LLC
#3 Bob Thieneman Jr., R.J. Thieneman
#4 Leo Thieneman Jr., Leo Thieneman & Sons, LLC
#5 Rob Eberenz Jr, Robert L. Eberenz, Jr. Builder, LLC
#8 Ryan Miranda, Churchill McGee Construction
#9 Tom Raver, Fireplace Distributors, Inc.
#10 Brandon Bailey, Bailey Remodeling & Construction, LLC
Our local membership drive winning team was made up of Greg Burrus, Burrus Architecture & Construction, LLC, Team Captain; Mischell Hutto, Ferguson Bath, Kitchen & Lighting Gallery; John Miranda, Pinnacle Properties of Louisville, LLC; John Rueff, Brecher’s Lighting; and Derek Smothers, Sonne Steel, Inc.. These individuals each received a $200 Visa gift card for winning our local drive and
will receive an additional incentive for having helped us win the size category at National. As you may recall, the “Beat 2011 Surge Member-ship Drive” was a component of the year-long em-phasis on membership from NAHB, the “Beat 2011 Membership Contest.” Throughout the year Nicole Bouchard, Director of Members Services at HBAL has been working with our Committee and top Spike recruiters to identify potential new members and work with the retention committee to ensure that we are keeping our existing member base. HBAL ended 2012 with 159 net new members over 2011, and in December our retention rate went to 86.1 from 81.0 the previous month. Membership is extremely important to the Home Builders Association of Louisville. The Association has many talented members who recognize the value and benefit of membership and work hard to help us add to our strength which allows us to be more effective in advocacy efforts and provide exception-al member services and additional ways to connect members to customers. During my recent visit to the International Build-ers Show my EO colleagues were amazed with the accomplishments of our association, both for the Surge drive and our year-end net new members. From Portland, Ore. to Columbia, S.C. people are wondering “What is so special about Louisville?” My answer is always that we have very good staff and an unbelievably committed group of members that work tirelessly on recruitment and retention. Thank you again to everyone who helped to make the Surge Drive and Beat 2011 contests a success. There is much momentum building from last year and I’m confident we will have a terrific 2013. Now, let’s work hard to beat 2012!
Sincerely,
Charles J. KavanaughExecutive Vice PresidentHome Builders Association of Louisville
Congratulations and Thank You to HBAL Membership Committee
and Drive TeamsBy CHUCk kAVANAUgH
perspectiveletter
HBAL.COM
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To read the latest news on the local housing market visit the new HBAL.com
6 louisville builder • hbal.com
The Home Builders Association of Louisville hosted its Annual Holiday Party on November 30th at the Hyatt Downtown Louisville. Nearly 300 members and local elected officials turned out for the festivities which included the presentations of annual awards and the installation of the 2013 Board of Directors, Executive Committee and President Bob Thieneman, Jr.
Special thanks to the sponsors of the 2012 Holiday Party:
Cocktail Reception Sponsor: Dinner Sponsor: Dessert and Coffee Reception: Bottoms Up Sponsor:
Picture Sponsors:
Holiday Party2012b
7 february 2013 7 february 2011
Holiday Party
8 louisville builder • hbal.com
HBAL Past Presidents Glen Stuckel & Bob Marrett
2013 HBAL President Bob Thieneman, Jr. addresses the crowd.
HBAL Associate Vice President Tom Raver with his wife KellieHoliday Party Committee Chairman Richard Bean with Congressman John Yarmuth
The VIP reception before the party.
2012 Holiday Party
9 february 2013
Denise Yates and Vickie Pusateri
2012 HBAL President Rob Eberenz, Jr. receives a photo collage and a plaque.
What a great turn out for this year’s party.
Your 2013 Board of Directors and Executive Committee.
Rick Clements and Gail Bardenwerper were the 2 ipad winners
2012 Holiday Party
HBAL.COM
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Visit HBAL.com to watch Bob Thieneman, Jr.’s speech at the 2012 HBAL Holiday Party.
10 louisville builder • hbal.com
The much anticipated announcement of the 2012 awards added excitement to the festive atmosphere of the event and recognized some well-known names in the HBAL community.
And the winners were ....
Mike Isaac,Isaac Contracting & Design Co., Inc.Remodeler of the Year Award, which is HBAL’s highest honor for remodelers.
Bob Thieneman, Jr., RJ Thieneman &John Miranda, Pinnacle PropertiesHoward C. Reeves Memorial, which was inaugurated in 1965 to recognize excellence in membership development, in memory of a past president, the late Howard C. Reeves.
2012 Holiday Party
Patrick Dominik, Sabak Wilson & Lingo, Inc.Associate of the Year Award, which is HBAL’s highest honor for associate members.
11 february 2013
Sid AndersonJohn W. Robinson Lifetime Achievement Award, which recognizes an individual who has made significant contributions to the home building industry throughout the years
Billy Doelker, Key HomesElmus S. Ussery Builder of the Year Award, which is the highest honor the association can bestow upon a builder and symbolizes the recognition of one of the industry’s most revered members, General Elmus S. Ussery, who passed away in 2006.
2012 Holiday Party
12 louisville builder • hbal.com
The 2013 Home, Garden & Remodeling Show presented by Window World and sponsored by LG&E will feature several “mini-show” com-ponents, each designed for a unique audience. Last year was the first of a three year plan which was to position the Show as a must-see destina-tion for all home remodeling and building needs. This year’s expansion of “niche” segments is part of phase two of the process. There are three niche components planned this year which are a pet-related services area, a “buy local” business area and the Belgard Hardscapes Outdoor Living Pavilion. Each niche will have its own cluster of booths for vendors within the Show floor plan. The larg-est component will be the Belgard Hardscapes Outdoor Living Pavil-ion, which will include a 50-foot tractor trailer display of the Belgard Hardscapes product. All of the gardens in the Show will be on display in this area and three landscapers will compete in the “Belgard Chal-lenge” to create the best outdoor living area using their product.
2013 Home, Garden & Remodeling Show presented by Window World
Unveils Belgard Hardscapes Outdoor Living Pavilion and other Niche Areas
Sponsored by: Produced by:
“I am very excited about the participation of Belgard Hardscapes and the Outdoor Living Pavailion in this year’s Show,” states Gail Schell, Vice President of Events and Operations for HBAL. “The sheer magnitude of the size of the display trailer that they are bringing and the impact that it will have on the Show experience for attendees will be beyond what any of us can truly imagine, in my opinion. I think this ‘destination’ within the Show will be a real crowd favorite.” In addition to the specialized Show components, there will be en-tertainment and educational seminars tailored around these themes as well. The World Famous Disc-Connected K-9’s will make their return to the Logan Lavelle Hunt Insurance Stage to again entertain fans with their frisbee tricks multiple times per day throughout the weekend. This high-energy show is never the same and offers a great reason to stick around and visit with vendors to catch another exciting performance. In the “Buy Local” area the seminar stage will offer cooking seminars with tips about using locally grown ingredients. The Trend Companies of Kentucky will be inviting local chefs from well-known Louisville favorites to share their divine recipes. Other seminars on this stage area will include tips for gardeners about “Good Bugs and Bad Bugs” for your garden and others about container and fairy gardening. “There truly will be something for everyone at this year’s Home, Garden & Remodeling Show. I believe the consumers who attend this year’s Show will enjoy each unique component, as well as the home improvement and home services on display throughout the show which will create a very positive and fun experience overall,” said Schell. “Our goal is to create an event that brings out the entire family so that vendors are able to reach customers and generate business through this Show. Creating a fun, informational and educational experience is how we believe we can best achieve that goal.”
What Advantages Does Participating in the HG&R Show Offer Members?
The Home, Garden & Remodeling Show presented by Window World gives members the opportunity to see what their competition is do-ing and how consumers react to products and services currently avail-
Mark your Calendars March 1- 3, 2013
kentucky Expo Center
13 february 2013
Show Details:
March 1-3 at the Kentucky Expo Center’s South Wing B & CFriday & Saturday: 10 a.m. to 9 p.m. and Sunday: 10 a.m. to 5 p.m.The ticket gate closes one hour prior to the Show closing times listed.
Admission: Tickets, $10. Senior Citizens, $9. Children 15 & under are free with an adult. Credit Cards are not accepted.
Member Tickets: $4 at the HBAL office
Parking: Parking at the Kentucky Exposition Center is $8.
LouisvilleHomeShow.comFor more information on the benefits of participating in the show, visit www.louisvillehomeshow.com. The website offers valuable information for participants and consumers alike. It also offers an additional marketing opportunity for participating vendors, with the ability to link to the site and emphasize their products and brands. Viewers often research the vendors ahead of time online and come back to the website to reference impor-tant information about companies they encountered at the Show.
2013 Home Garden & Remodeling Show
able in the industry. The audience is a defined market of interested consumers who attend the event in search of ideas to improve their homes. HBAL works hard to promote the Home Show to prospec-tive consumers who are likely to invest in their homes. The association invests time and money in an aggressive marketing and PR plan that results in numerous radio and TV interviews and significant coverage of the event. Members who participate can piggyback on these ef-forts and gain more awareness of their own businesses simply by being there. Along with the popularity of the Home, Garden & Remodeling Show, presented by Window World, comes a level of prestige that ac-companies being associated with the event. Members who participate are encouraged to capitalize on that affiliation with the association and promote the fact they are part of the Home Show throughout the month of February. Vendors recognize the value of participating in the Home, Garden and Remodeling Show in regard to making connections with poten-tial customers. They realize that consumers are more thorough about choosing who they do business with, often visiting multiple showrooms and talking to several different retailers. Today’s buyers are looking for products that will outlast and outperform others on the market and the best way they can learn about that is to speak to experts in the field. The Home Show offers that one-on-one connection, which also allows vendors to better explain the new product offerings. Schell advises members to consider the Home Show as a way of entertaining and educating current clients. With the one-stop shop-ping advantages offered with having so many vendors in one location at one time, Schell encourages members to take their clients to the Home Show. “This is a great opportunity for members to treat their clients to an experience that enlightens consumers about what products and ser-vices are out there to help them achieve their home building or remod-eling goals. If people can touch and feel these products and meet the people who provide the services, they can be more prepared to make an investment. In addition, builders and remodelers can escort their clients by walking the Show floor with them. That kind of VIP treat-ment would be something they tell their friends about and more than likely would get them very excited about the services or products they are considering for their home remodeling project,” Schell explained. The Home, Garden & Remodeling Show, presented by Window World is guaranteed to offer consumers an enthusiastic glance at the latest home-related products on the market. With a layout designed to allow for simple navigation to vendor booths, the Home Show is posi-tioned to easily connect vendors with consumers, many of whom have
been waiting until the economy was more stable before they made the decision to invest in home products. The Home, Garden & Remod-eling Show offers consumers the ideal venue to shop for numerous home-related products and to be able to compare prices all under one roof. For more info and up-to-date listings of vendors, visit www.louisvillehomeshow.com.
Sponsored by:
Owsley Brown II Portable Planetarium and Photo Booth Sponsor:
Presented by:
Disc Connected K9’s Stage Sponsored by:
Outdoor Living Pavilion Sponsored by:
14 louisville builder • hbal.com
HBAL members certainly practiced what they’ve been preaching last year by communicating the advantages of being involved to prospective members. With more than 300 new members recruited and an increase in retention, HBAL is the second largest HBA in the country and the top national recruiter of new members among associations with more than 1,000 members. Recruitment efforts were more than just singing the praises of HBAL. Because of the diligent efforts of active members who have worked hard to keep the association a vibrant, community-minded organization with a healthy membership, HBAL achieved its goal of recruiting more members than it did last year. It wasn’t easy, but it was fun. With a little friendly competition mixed in, HBAL’s Member-ship and Retention Committee gathered momentum throughout the year with an initiative to engage current members and recruit new ones. “Beat 2011” was the theme, and the goal was to beat last year’s member-ship recruitment number. HBAL Director of Member Services Nicole Bouchard acknowledged the year-long efforts that helped drive the momentum to recruit more members this year. “We had a great year! We tried to focus on member-ship throughout 2012 and keep it on the forefront of everyone’s minds, so it wasn’t just a ‘one day of the year’ type of contest.” (The November 1 membership drive produced nearly half of that goal in one day, with 90 paid applications recorded, but other applications trickled in before and after that.)
Behind the Scenes of Member Recruiting HBAL Executive Vice President Chuck Kavanaugh commented on the membership recruitment and retention efforts, “Bob Thieneman Jr., did an outstanding job of promoting the need to recruit new members throughout the entire year. He brought a high energy level to it and everyone enjoyed his enthusiasm. He developed ‘membership cards,’ which he gave to everyone to put in their pockets. He would randomly ask people if they had the cards and if they did, he would give them a $10 bill. It got to be something everyone talked about and it really raised awareness of membership recruitment.” Kavanaugh expanded on the
team effort to make membership a priority. “Past President Rob Eb-erenz was constantly promoting membership. He pushed it year-round and we had a good buy-in from many members who helped keep it top-of-mind. We’re really proud of the effort. We had 10 teams of about five people each who were actively recruiting. Nicole (Bouchard) did a great job and we ended up with a large number of people who participated.” Bouchard explained that the association had monthly drawings and incentives for specific areas in which HBAL needed to grow. Nearly 50 member volunteers gathered for the November membership drive to help recruit new members. “The one-day drive in November was great, and we were able to gather close to 50 members who volunteered their time. This year was different due to Hurricane Sandy. NAHB extended the contest to December 31. So a few more applications were submitted in December that put us over the top. We are looking forward to 2013 being equally or even more successful,” Bouchard added.
“I am so proud of HBAL with the efforts from the membership drive. The impact is profound,”
- John Miranda
“I am so proud of HBAL with the efforts from the membership drive. The impact is profound,” noted John Miranda, Pinnacle Proper-ties. Miranda serves at the membership chairman for NAHB. “In addi-tion to the increase in membership, now the association has increased its pool of advertisers, PAC (Political Action Committee) contribu-tors, Homearama participants, Table Top Night participants and more. There’s nothing like a membership drive to jump start an association’s enthusiasm,” he added. In 2013, the Membership and Retention Committee will be working on growing its resource of new members by turning to untapped audi-ences, including vendors who work for commercial builders and remod-elers. The association will be looking to members for input on targeting new segments of the industry.
Membership Recruitment and Retention Keeps HBAL 2nd Largest HBA in the Country
Beat 2011 Campaign Motivates Members and Puts HBAL Top of the List Nationally for New Member RecruitmentBy Stacy Smith Rogers, Grace Communications, LLC
15 february 2013
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HBAL Executive Vice President Chuck Kavanaugh recently fulfilled his term as president of NAHB’s Executive Officers Council (EOC). Kavanaugh, who was hired by HBAL in 1996, had served as chair of ev-ery committee within the EOC and has worked on many initiatives and task forces prior to taking over the helm as EOC president. (Addition-ally, he has also served two years on the NAHB Budget Committee.) His motivation to serve as president stemmed from a desire to play an active role in helping the industry and EO’s across the country recover from the tough economic hardships it has faced in recent years. “When you take on a role like this you know it’s going to be an invest-ment of time and energy,” Kavanaugh said. “With HBAL being such a leader on the national level, it seemed like the right time to help make a difference. This experience was positive in many ways for me and our association.” The EOC plays a critical part in connecting its high-level officers around the country with the networking and education opportunities available through NAHB. Kavanaugh’s role within the EOC has en-abled him to interact with the staff leadership at NAHB, communicate closely with NAHB senior officers and participate in discussions of do-ing business in new ways. In addition to making a difference on the national level, Kavanaugh has used his experience to better examine how his own local association functions. “This experience has allowed me to interact with more NAHB- member leaders and executive officers around the country as well as more NAHB staff leadership,” Kavanaugh said. “In addition, it allowed me to think on a much different level. By focusing on the issues facing HBA’s all around the country, it gave me more of a global perspective.”
Kavanaugh cited financial and member declining issues as the main problems that HBA’s are experiencing nationally. “By meeting with other executive officers regularly, I was able to glean some of the best management practices and understand what has worked or not worked for other HBA’s around the country and consider how those examples might apply to HBAL locally.”
“By meeting with other executive officers regularly, I was able to glean some of the best management practices and understand what has worked or not
worked for other HBA’s around the country and consider how those examples might apply to
HBAL locally.”
What Changes Did Kavanaugh Help Implement?Kavanaugh reflected on his term and the evolution of the year that brought with it many changes. “I think we’re (EOC) moving in a better direction. And, while I took note of how other HBA’s were succeeding in certain areas, it also confirmed that we’re doing things pretty well here in Louisville,” he added. Along with the duties of EOC president, came an appointment by NAHB Chairman Barry Ruttenberg to the Association Planning Committee. Kavanaugh explained that six people sit on that committee and their focus is on making recommendations to the NAHB Senior Officers. “Among the top priorities at the national level in 2012 were budgetary, communication, and governance issues. After his induction
Chuck Kavanaugh Reflects on Term as EOC President
HBAL Executive Vice President Led NAHB Executive Officers Council Through Big Changes in 2012
By Stacy Smith Rogers, Grace Communications, LLC
“When you take on a role like this you know it’s going to be an investment of time and energy. With HBAL being such a leader on the national level, it seemed like the right time to help make a difference. This experience was positive in many ways for me and our association.”- Chuck Kavanaugh, 2012 NAHB Executive Officers Council President
17 february 2013
as president, Kavanaugh was faced with the immediate challenge of having to make a major change that affected a key goal of the EOC. Due to budgetary constraints, the incoming NAHB leadership had de-cided to combine the EOC Seminar with another event and still try to make it work successfully. It was a challenge to execute.” News of the merging of the EO Seminar with the NAHB Leadership Summit wasn’t well received by executive officers around the country. “A lot of EOs were not happy about it. So, we immediately went to work to try to keep it focused more on executive officer training and I think we were able to minimize the negative impact that had,” he said.
“Because of budgetary constraints, we re-examined how the entire EOC functions and initiated a full
re-structuring of the EOC.”
Kavanaugh said that the EO Seminar wasn’t the only change. “Be-cause of budgetary constraints, we re-examined how the entire EOC functions and initiated a full re-structuring of the EOC.” During a strategic planning meeting in the fall, the EOC Association Planning Committee addressed some key issues, including communication and interaction with NAHB staff. “As a result, we came up with a plan that will be discussed at IBS (as of press time the discussions had not yet been held at IBS), which had received positive feedback from past presi-dents and board members around the country. We totally redesigned the EOC structure and organization. We focused heavily on our key EOC goals of enhancing advocacy, communication and technology, and membership.” Among his core responsibilities of leading the EOC, were to edu-cate and help improve professionalism among HBA executive officers around the country. With the time constraints and economic challenges that many executive officers faced in the last year, Kavanaugh initiated some changes that were designed to save both time and money without sacrificing the value of information sharing. One of the changes was adding a series of webinars on different educational topics so that people who couldn’t make it to national meetings were able to still benefit from the sharing of best practices. “The role of EOC President in 2012 presented many challenges, but also provided many rewards. One reward was the ability to work with an outstanding EOC Senior Officer group which included Tim Min-ton, HBA of Raleigh, Wake County, N.C.; Jon Chandler, Oregon State HBA; and David Ellis, HBA of Greater Atlanta. I was able to strength-en relationships with some of my peers whom I respect and admire even more so today because of this experience.” Through his role as immediate past president, Kavanaugh will see through the changes he initiated in 2012. “We’ll still be doing some of the same things, such as the scholarship program, but we anticipate that this nearly total re-structuring will bring some new benefits to our members and better position the EOC to succeed in the future.” Kava-naugh realized that he was taking on a role during a time in the industry when real challenges were facing the national association, including the financial stress of losing members. Instead of focusing on the problem, however, he led the EOC in reacting to those problems, and communi-cating and preparing other association leaders for guiding their HBA’s through tough times.
What Did Kavanaugh Come Away with From the Experience?By keeping NAHB strong through a successful EOC, Kavanaugh ac-knowledged that Louisville benefits in many ways. “Our EOC large
local forum is a good example. It’s where the executive officers of the largest HBA’s get together to talk issues and practices at every NAHB board meeting. Some of the issues we recently discussed were return on investment for our members. We shared some of our success sto-ries, including our ability to communicate and connect members with customers and how we do that through Table Top Night, the Home Show, Tour of Remodeled Homes and Homearama. Another thing we were able to share was the success of our Commercial Council. People were really impressed with those things. It gave me reinforcement that we’re on the right path here locally. But, I think the most valuable thing for me is listening to what is working or not working for other HBA’s. That’s valuable information.”
“The role of EOC President in 2012 presented many challenges, but also provided many rewards. One reward was the ability to work with an outstand-
ing EOC Senior Officer group which included Tim Minton, HBA of Raleigh, Wake County, N.C.; Jon
Chandler, Oregon State HBA; and David Ellis, HBA of greater Atlanta. I was able to strengthen relationships
with some of my peers whom I respect and admire even more so today because of this experience.”
“I enjoyed this experience the whole time. I had the chance to get to know more people and really interact with the senior officers group. There were highs and lows of course. The high was being installed in Orlando and having two dozen past presidents and members of HBAL attend my installation. The low came shortly after that, when we were faced with merging the EO Seminar with another event. Although I feel I am ending my year on a high note with the EOC structural reor-ganization that is proposed. I know the plan that will likely begin imple-mentation under Tim Minton, the 2013 EOC President, will make the EOC more effective within the framework of the NAHB Federation while keeping a laser focus on improving EO professionals.” He elabo-rated on how this experience broadened his perspective and contributed to leading HBAL. “When you serve in a position such as this, you really get a feel what other HBA’s, both large and small, are doing. You’re able to bring back some best management practices and be encouraged about the things we’re doing well here in Louisville. For me, I was able to think more globally, and I believe that perspective will help me in the future as we make decisions locally.”
Did You Know?Kavanaugh is the fourth executive officer in the state of Kentucky to have served in that capacity. Former HBAL Executive Vice President John Robinson, for-mer Northern Kentucky Home Builders Association Executive Vice President Don Wiedeman and current HBAK Executive Vice President Bob Weiss have previ-ously served as presidents of the EOC.
18 louisville builder • hbal.com
As 2013 gets underway, HBAL is working hard to build upon its ac-complishments in 2012 and foster the momentum for connecting members with customers this year. Here’s a snapshot of some success stories that are anticipated to continue into the New Year ...
• Successful Membership Recruitment and Retention
• Internal Events See High Turnouts
• Highly Successful Public Events
• Uptick in New Home Building in Louisville
HBAL Executive Vice President Chuck Kavanaugh reflected on the progress made in 2012 in positioning HBAL as a strong association despite the unsteady economic times. One major highlight was retain-ing and recruiting members. According to Kavanaugh, there are only two other home builder associations (HBA) with a higher retention rate among the top 20 HBA’s ranked by size. What’s more impressive, however, is that HBAL is the top new recruiter in the 1000 plus mem-bership category! The “Beat 2011” campaign was a huge success, with credit going to active members who share an admirable enthusiasm for keeping HBAL strong. (See related story.) Leading off the 2012 public events were the Home Product Expo in January and the Home, Garden & Remodeling Show in March. The Home Product Expo was sold out and despite the spring tornado that affected the area, the Home Show saw an increase in attendance com-pared with recent years. Homearama 2012 in Rock Springs and Shakes
Run subdivisions included 17 homes, with the majority of them sold by the end of the two-week summer event. With expanded opportunities to connect with customers in 2012, more than 250 associates members were able to promote their businesses to thousands of Homearama at-tendees. The Tour of Remodeled Homes featured 16 projects and con-tinued its long tradition as a popular event in Greater Louisville. Inter-nally, Kavanaugh said that the 2012 Table Top had one of the highest attended events in the association’s history and that the general mem-bership meetings attracted steady, engaged crowds.
What Does the Current Marketplace Suggest for 2013
2012 no doubt offered many successes for HBAL, but perhaps the most welcome was the uptick in new home building for the first year in five years. An increased number of members are reporting that business is picking up. Here’s what a few of them had to report ... HBAL President Bob Thieneman, Jr., Estate Homes, referenced in-creased consumer confidence, low interest rates and impatience as a possible cause for more activity in the market. “Recently we have had multiple offers on the same homes at the same time. That’s something we have not seen in years. Our development, Saratoga Springs, has had tremendous activity and sales the last few months, prompting us to in-stall an office trailer for on-site sales staff, something we did not need the last few years.”
2012HBALWorks
toBuild
onAccomplishments
of
By Stacy Smith Rogers, Grace Communications, LLC
19 february 2013
Scott Yates, Paragon Homes, said that the last six months has revealed a marked improvement in his business. “Typically, November and De-cember are slow, but we’ve been getting more hits on the website and two or three calls on Sundays. To me, that’s very promising for what’s to come in 2013,” he said. Yates credits a pent up demand for more activity but said his buyers are quite diverse, with some just moving into town and others who are finally able to sell the houses they live in. He’s build-ing homes currently in Spencer, Shelby, Jefferson and Oldham Counties. At least four of his leads are a result of Homearama 2012.
“Recently we have had multiple offers on the same homes at the same time. That’s something
we have not seen in years.”- Bob Thieneman, Jr.
HBAL Vice President Perry Lyons, P.L. Lyons, noted that his com-pany is seeing an increase over the last couple of years. “We are starting this year with a couple of signed contracts on new homes and remodels and are meeting with several potential new home buyers and three new remodel customers.” Lyons said that price is still a driving factor. “As we are faced with new regulations throughout our industry, and with product prices increasing, it will continue to be a challenge to meet every customer’s needs and proposed budgets. With these facts in mind, we feel we are positioned to meet these challenges and look forward to a busy and prosperous new year.”
Rocky Pusateri, Elite Homes, reported that Elite Homes has 32 homes under various stages of construction. “I think this might be the start of the pent up demand that has been talked about for the last few years. We have always had lists of people that would build a new home if they could sell the one they had. Now they are selling them.” Pusateri said that because they’ve been waiting so long to sell and subsequently build, they are eager to get into their newly built home on a much tighter schedule. “We are building in multiple developments and scattered sites at price ranges from $250,000 and up. The smaller homes, mostly for empty nesters, have a trend of downsizing but not downgrading. They want all the amenities but simply don’t need the size of home they once needed when they had a larger family living with them.”
“I think this might be the start of the pent up demand that has been talked about for the last few years. We have always had lists of people that would build a new home if they could sell the one they had. Now
they are selling them.”- Rocky Pusateri
HBAL Treasurer Pat Durham, Pat Durham Builder, said he thinks the marketplace holds greater hope now than at any time within the last four years. “I have had more opportunities to bid on new homes and remodeling projects in the last eight months than in the last three years. Now, I am not getting all of the work I have been bidding on, either los-ing out to customer hesitation, delays due to waiting for a home to sell or customers wishing that a project was less expensive than it bid out, but by the same token, we have gotten our share and have been busier than we have been in years with active projects.” Durham said things are improving in the remodeling market as well. “I am seeing more remod-eling customers move forward with projects that we have bid, whereas in the past several years they have been reluctant to commit. We are
seeing more ‘build to suit’ requests as well.” Durham said he attributes this to an increase in consumer confidence and job security, economic conditions improving and historically low rates. “I strongly feel that if lenders would ease up a bit on requirements made by underwriters -- which means that the FDIC requirements must ease -- then we would see huge strides in the new construction market.”
Brandon Bailey, Bailey Construction and Remodeling, said that he’s definitely seen more confidence in the marketplace recently. “I don’t hear the term, ‘this economy,’ very often anymore and people seem to have adapted and are more willing to move forward with their remodel-ing projects.” Bailey said that his company has survived the downturn by diligently practicing the qualities that people look for. “I think that no matter what the economic circumstances are, there is always a demand for honest and reliable people. I believe that our increased demand for our services is a result of waking up everyday and doing our best to do the right thing and treat our customers the way they want to be treated.”
According to NAHB Chief Economist David Crowe, upward trends in recent months among a number of housing indica-tors point to a slow and steady growth in the nation’s housing market in 2013. In a December 20, 2012 press release sent by NAHB, Crowe noted that housing recovery is local, but spreading. He said that although several challenges remain, “consistent, positive reports on housing starts, permits, prices, new-home sales and builder confidence in recent months provide further confirmation that a gradual but steady hous-ing recovery is underway across much of the nation.” Crowe referenced stubbornly-tight lending standards for home buy-ers and builders, inaccurate appraisals and proposals by policy makers to tamper with the mortgage interest deduction could dampen future housing demand. “We are transitioning from a very low demand level, where most people hold themselves out of the marketplace, to a case where supply will start being the problem,” Crowe said. “As we begin to build more homes to address that supply, the new home stock will be a much more important element of the recovery.” Crowe said that owner-occupied remodeling has returned to previously normal levels (2000-2002 is used as a baseline benchmark for normal housing activity) and that multifamily production is back to 69 percent of normal. He emphasized that, nationally, the single-family market still has the farthest way to go, standing at only 40 percent of what is considered a typical market.
National Trends Point Upward
20 louisville builder • hbal.com
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Table Top Night is one of the best opportunities to reach customers and potential customers that members have through the Association. This year’s event is scheduled for February 7th from 4:00 until 7:30 pm at the Mellwood Arts Center, building three. This is one of the most well attended events by builders and remod-elers. Those Builders and Remodelers that make a reservation with the HBAL office prior to the event are eligible for prizes throughout the evening – and you must be present to win. Reservations can be made simply by calling the HBAL Office or e-mail [email protected].
Table Top Night is presented by:
Be sure you’re signed up to attend Table Top Night
22 louisville builder • hbal.com
Gregg Cobb, Vice President Mortgage LendingBB&T
The Fed has told us interest rates will remain the same. That’s especially good news for the large segment of the market that has not refinanced. I think there could be some ticking up in rates in the latter part of the year, but if so, it wouldn’t be in points, but in eighths of a point. There’s a lot of talk about what the loosening of spec lending might look like in 2013. It won’t be an open pit like it was a few years ago. But for the right clients I think there will be a difference. That’s all predi-cated on the Fed and agencies like Fannie and Freddie not making it harder to do business. What I’ve been hearing from my peers, those in the 45 – 55 year age range, is that now that their kids are in high school, they were thinking about downsizing. However, since rates are so low and builders have available time, they’re now ahead of schedule and are considering build-ing that forever house. There’s much more conversation along those lines and I think it’s a healthy conversation. People are now refinancing their loans lower than what their pass-book savings will be in three to five years. After 2015 we’ll probably going to see a big turn and the inflation clock will be ticking. Back in the early ‘80s we were looking at 5% on passbook savings. Why do we think we won’t see that again? The other piece of the picture I see is that my peers who have 10 or 15 year mortgages are saying they want to do a 30 year mortgage. They will pay as if it’s a 10 or 20 year mortgage, but they’ll have the ability to pay the 30 year rate. They feel like it may be the only deduction they’ll have in the next few years. We know that may be capped at some point, but even if you retire at 65 and have a house payment, you’ll still have a tax write-off.
Greg Gentry, Vice President and Branch ManagerFirst Citizens Bank
Rates are still low and it seems the purchase market is on the upswing. With the low interest rates, people are loosening their budgets and try-
ing to invest in real estate again. Based on some of the financing we’ve done for builders, the construction industry in the Jefferson County market appears to have picked up. People are beginning to list their homes and are buying or upgrading. I haven’t seen the latest updates to new legislation, but I don’t know that there are any issues relating to the mortgage industry. Interest rates were consistent throughout 2012, and with the economy we’re in, I don’t foresee them rising. We haven’t really changed the way we lend to anyone. Homebuy-ers need either 20% down or they can apply for FHA housing, which would require 3% down. When builders come to us for a loan, they need to be sure they have everything in line as far as their profits. They need to have the money to stand behind the loan and keep good records and documentation. The builders that have been able to stick it out are the ones who haven’t over budgeted themselves and have stayed consistent in what they were building. Retaining that consistency is important as we go forward.I don’t think the market will ever be where it was in 2004 and 2005, but with the positive movement we’re seeing all around, I feel good about 2013.
David Hobbs, PresidentRiver City Bank
We’re seeing increases in home construction and more confidence among buyers because they believe the economic environment is turn-ing around a bit. Of course, no one has a crystal ball, but just going with what the Fed chairman has said, we think interest rates will stay stable for the next year to eighteen months. In my opinion, spec building will probably ramp up. We have always held a consistent pattern in regard to our requirements for spec lending. When times were good we were never a loose cannon in terms of fund-ing. We may have lost some business back in the good days but it kept us in much better shape than some of the other banks in town.
Louisville Builder started the new year by talking to several of the area’s top financial executives about how they view the current economic climate, the most critical financial issues facing the home building
industry, and their predictions for the future.
Financial Forecasts Are Cautious But Positive
By Nancy Miller
23 february 2013
We try to counsel people that home ownership just isn’t right for ev-eryone. It’s not only about servicing the debt, but also taxes, repairs and monthly expenses. The Dodd-Frank Act and the Consumer Financial Protection Bu-reau have put us in an uncertain environment. Political and regulatory issues concern me, and we still have some things we need to fix. I don’t think the coming year is looking rosy, but I feel much more confident than I have in the last two to three years.
Doug Miles, Lending SpecialistFirst National Bank of Carrollton
We’re kind of in a wait-and-see mode regarding the uncertainty of the Dodd-Frank Act and whether there will be any new changes to current legislation. Many changes typically pertain to documentation, but bor-rowers and bankers accept that and just take them in stride. There hasn’t been a lot of change in the interest in building new homes, either from builders or consumers, from where we were three to six months ago. But I think there is a positive, or at least a cautiously optimistic outlook.
“Interest rates are as low as they have ever been. Although you’d think they would have to go up at some point, I believe they will remain low for the
foreseeable future.”- Doug Miles
Interest rates are as low as they have ever been. Although you’d think they would have to go up at some point, I believe they will remain low for the foreseeable future. Raising them would put such a gridlock on home building and home sales. Probably 20 to 25% of the loans we originate out of our Crestwood office have been of a construction nature, whether for builders with spec or contract homes, or for individuals. I really don’t believe there are many builders looking to build spec homes, but there are certainly people who want to build.The biggest challenge for bankers is that both consumers and businesses are somewhat strapped for cash. Even though interest rates are low, with the rising costs of everyday life, people just don’t seem to have a lot of cash saved. They have exhausted some of their cash reserves to survive the economic downturn. That means down payments can be an issue. And of course, a continuing challenge for bankers is the competition in the banking industry in the Greater Louisville area.
Diana Nemec, Mortgage Loan OfficerStock Yards Bank & Trust
The Fed made a huge commitment to keep interest rates low until the unemployment rate would reach about 6.9%. I suppose the rates could increase if the inflation rate started to go above 3% and the economy started moving in a strong direction. But I anticipate that rates will stay low in 2013, with the goal of having the housing market continue to improve. The Consumer Financial Protection Bureau has released draft docu-ments to streamline various mortgage disclosures that are mandated by federal law. They hope to merge truth in lending with the HUD state-ments in 2013. When the market crashed, banks tightened up loans to builders. We still require a contract for a construction loan for a builder. In most cases,
we want to see the builder and consumer working together. And we will do some spec loans, but they will usually be tied to a group of builders who are financially very stable and are bank customers. So, it’s still a rather conservative market even though it’s opening up a little these days. I used to sell new construction years ago, so I’m familiar with the pro-cess and that helps me work with builders. I always stress that the most important thing is for them to have their clients get preapproved for a loan amount and a sales price, then help them with the right home. There is a pent-up demand for housing. I think there will be consider-able interest in new construction during the next year or so. I have had a few purchases and refinances already this year. As I view it, 2013 may be a volatile year, but we’re going to make it positive!
Jim Oiler, Manager of Real Estate and ConstructionMountjoy Chilton Medley
Federal and state incentives are pretty small for homeowners as a group. The big bang is on things such as commercial property, investment property and warehouses. Much to HBAL’s credit, it has recognized that some of its members are involved in both commercial and residen-tial, and that they have a vested interest in logical, timely development, commercial and otherwise, and that includes home subdivisions. Federal tax energy efficient design incentives can be a crucial financial factor in successful development. One segment of that relates to energy efficient design that allows you to get up to $1.80 per square foot, made up of three components which are 60 cents each per square foot: light-ing, HVAC and envelope, including windows, doors and insulation. This can apply to new construction or retrofit. The exception on multi family is that there must be four or more stories above ground. The other major thing at the federal level is “energy” property. The IRS identifies certain items, such as solar, solar voltaic and geothermal as energy property and will allow deductions and depreciation much faster than normal. It’s awesome; it’s huge. As I outlined in an article in The Kentucky CPA Journal, a tool to enhance cash flow is cost segregation. It is an engineer-ing analysis/replication of costs which indentifies the five-year personal property and 15-year land improvements which are normally contained in 39-year property built or acquired. Significant increased cash flow in the early years can result from identification of these short-lived assets. In retrofit energy-efficient design projects, cost segregation can as-sist in the identification of the current year tax basis of assets being re-placed, thereby allowing non-cash deduction upon disposition. In new energy efficient design construction projects, cost segregation can assist in identifying all of the costs associated with “energy property”, thereby maximizing the credits and the five-year property.
Steve Trager, Chairman and Chief Executive OfficerRepublic Bank
There was a flurry of activity at the end of the year because the general consensus is that taxes aren’t going to go down and that deductions are going to be diminished in the coming years. If I could predict interest rates with any degree of certainty, I’d be a genius. But according to experts and the dialogue coming out of the Fed, interest rates will be maintained for a period of time, which means a number of years. We are fortunate that as a community bank we have close relation-ships with our customers. Make no mistake; it’s a high risk environment and that factors into our decision making, but our borrowers can find us. They can make their case and have direct access to our decision makers. And we want to lend. An AD&C loan is certainly a risky form of loan,
Financial Forecasts
24 louisville builder • hbal.com
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but we never say never. If there is an appropriate sharing of risk between the bank and a borrower, there is nothing we can’t do. All banks are saddled with a stringent regulatory regiment, but we are fortunate that our non-performing loans are among the lowest in the industry and our capital is among the highest in the industry. So that gives us maybe a little bit of flexibility. I think this is a time to be conservative, but the home building com-munity knows that better than I know that. There’s a lot of supply on the market. Folks building today seem very cautious. With that said, there clearly was an increase in selling activity in the fourth quarter. And rates are so low now that it’s a very favorable time for homeowners to buy.There are many reasons to be optimistic about 2013. My advice for the industry? Build for the long term.
Amy Sullivan, Senior Vice PresidentCentral Bank of Jefferson County
From what we’re seeing and hearing, I don’t expect prime to be mov-ing much in 2013, so I feel pretty confident that our rates will remain consistent. We’re keeping our costs at a minimum. We charge $250 for a con-struction loan, which I think is conservative. Many banks aren’t even lending for new construction single family homes, and they’re starting to require title insurance. However, we don’t require it on construction loans under $1 million. We have probably six builders who have weathered the storm fairly well. We have never stopped lending to them. They have been very cau-
tious about what they’re asking for. They know the market, their product, what’s selling, and they have been, and are being, very conservative.Builders whose homes are in the $300,000 and up price range are often requiring a 10% down payment to be sure they’re dealing with a qualified buyer. I think that’s smart. And an increasing number of builders are tak-ing on more due diligence by somewhat prequalifying potential clients. They’re becoming more financially savvy and are finding ways to identify and to mitigate risks. We also want the buyer to have a preapproval letter. At least it shows that their credit is okay, but it isn’t the final approval. A few banks have just pulled the rug out from under some builders’ feet. It aggravates me that some banks jump into what’s hot at a certain point rather than sticking with their products. We view our relationships with our builders as partnerships and try to help grow their companies. We don’t cookie cutter our deals, but instead look at every potential deal and try to make it work instead of looking for a way to decline the deal. As things continue to rebound, I hope builders remember the banks that have been there for them and don’t jump ship and go with a bank that might be offering a quarter point less to win their business. I don’t like to see a builder coming in with a builder’s affidavit and six different banks listed. That makes it too difficult to keep your arms around their banking relationships. I want to feel comfortable know-ing what their contingent liabilities area. I encourage them to have two banks, but no more than three. I’m not aware of any significant changes coming from the FDIC. However, when bank examiners come in now, they pull a trial, or a sam-pling, and are looking at loans they might not have reviewed in the past.
Financial Forecasts
25 february 2013
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26 louisville builder • hbal.com
Get news & events specific to your committee or council at the new HBAL.com
HBAL.COM
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membermeetings
Denise Duncan (Sponsor), David Turner, (Sponsor-Carpet Specialist), Chad Turner (Sponsor), Matt Bullock, (Speaker-KY Transportation Cabinet), Jeremy Esposito (Chairman), Jerry Head (Sponsor-Crestwood Plumbing)
OLDHAM COUNTY COUNCIL
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MeetYour
GreaterLouisvilleDecember 6, 2012
The Council met at the John W Black Community Center to hear a presentation from Matt Bullock from the Kentucky Transportation Cabinet. Jim Urban also assisted with questions. Matt spoke about the upcoming road improvements within Oldham County. Of paticular interest were two separate projects that will be connected, the I-71 un-derpass and Allen Lane. These are expected to be complete and open to the public in 2015-2016. Sometimes there are unforeseen obstacles that delay projects, such as appraisals. Utility relocation phases can also hold up the projects also with property owner deals.
You can read more information on the 6 year plan for Oldham County at www.transportation.ky.gov
Our meeting sponsors were: Carpet Specialists, represented by David Turner and Crestwood Plumbing, represented by Jerry Head.
The Bank of Oldham County Cash Drawing Winners were: 1. Rob Eberenz, Jr. 2. Vicki Metzger3. Cindy Hack4. Rocco Pigneri5. John Miranda
27 february 2013
DWB Restoration II, Inc.Fire-Water-Wind-Storm
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Mailing Address:3107 Pinoak Dr.LaGrange, KY 40031
(502) 241-6990 office(502) 241-6992 fax
To submit your news email Tara Brinkmoeller at [email protected].
membernews
RENTAL • SALES • SERVICE • PARTS
Bobcat Equipment, Toro Dingo EquipmentCronkhite Trailers
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Introducing Royal Kitchen and Bath DesignsRoyal Kitchen and Bath Designs is a sister company of Window World of Louisville. The concept is to offer anyone, regardless of budget, a “Royal” experience like none other. We hope to bring “the Good Life” feel into “the Real Life” for our customers by sticking to our standards of offering the best products at the best prices with the best warranties in the business.
Congratulations to David Nicklies, 2012 REACH Award RecipientThe Home Builders Association of Louisville would like to congrat-ulate David Nicklies, Nicklies & Co. on receiving the 2012 March of Dimes Commercial Real Estate Achievement (REACH) Award. Nicklies was honored with the award because of his contributions to the commercial real estate and development industry, as well as for his philanthropic and community involvement at large.
Nicklies has been a member of the Home Builders Association of Louisville since 1991 and he and others in his company have been involved with the Commercial Council and Land Development Committee. The Commercial REACH Awards has been given annually since 2001 during a fund-raiser event wfor the March of Dimes. The event is held at Churchill Downs and is attended by nearly 500 people. The Co-Chairman of the Commercial Council Steve Gault and Bill Weyland are both past recipients of this prestigious award.
HBAL on FacebookStay up to date on all the state home building news by liking the HBAL on facebook. www.facebook.com/HBALouisville
28 louisville builder • hbal.com
30 YearsW. Bryant Brown – Registered Builder and RemodelorAdvance Ready Mix Concrete Co., Inc. – Chad Deters
20 YearsGehring Construction – Bobby GehringDennis Pollard – Registered BuilderBarry Buffat – Registered Builder
15 YearsInsurers Service Corp – William J PowellG. W. Berkheimer Co – Robert M. Turman
10 YearsBella Stone Designs – Todd DedasAndrew Maynor – Registered BuilderRobert Osborne – Registered BuilderAllstate Siding & Windows – Thomas ClemensR & S Aluminum – Rodney Hurst
5 YearsShuck Fence Company Inc. – Jeff ReynoldsBullitt Septic Service – Brad ReadingDudley R Thompson Ins. Inc. – Dudley ThompsonCardinal Concrete Pumping & Rock Slinging – Vern ShortNMB, Inc. – Ned BassGrass Masters, Inc. /DesignMasters – Shane MikelsNorandex – Ben WattersMedia Marketers, Inc. – Troy FlemingKayrouz Heating & Air Conditioning – Philip KayrouzSiegel Foundations Inc. – Ted SiegelMarket Graphics of Louisville – Russ LohanThe Pond & Fountain World – Geore Davis
1 YearTFC, LLC – Daniel English
Congratulations to these Milestone Members: These members have reached a milestone mark in their membership with their renewal in December.
membermilestone
For an up to date Spike Club list please visit hbal.com/members/spike-clubHBAL.COM
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Associates Approved 12/12
Ohio Valley Roofing, LLCJP CunninghamType of Business: Roofing, Siding, Gutters, WindowsSponsor: Jason Orthober
Elite Roofing, LLCJeremy BoscoType of Business: RoofingSponsor: Brandon Bailey
Metro DumpstersTom FordType of Business: Dumpster rentalSponsor: Rob Eberenz, Jr.
Miller’s Fancy BathRick MillerType of Business: Bathrooms & KitchensSponsor: John Miranda
Masterpath Technology, Inc.Type of Business: Computer related products & ServicesSponsor: John Miranda
Gilbert Hume Drywall, LLCGilbert HumeType of Business: Drywall InstallationSponsor: Pat Durham
Pro Touch Painting, Inc.Walter PateType of Business: PaintingSponsor: John Miranda
IMARCDavid Kittle Type of Business: Mortgage Quality ControlSponsor: Bob Thieneman, Jr.
Drew DeenerWKRD RadioType of Business: RadioSponsor: Joe Dumstorf
Steel Creations, Inc.Joe LudwickType of Business: Steel Sponsor: John Miranda
Royal Kitchen & Bath Designs, Inc.Kim FosterType of Business: Kitchen & BathSponsor: Barry Foster
Valley Interior ProductsRyan SmithSponsor: Rocco Pigneri
Atlas Painting Contractor, Inc.Bashir ElsmedType of Business: PaintingSponsor: Rocco Pigneri
Affiliates Approved 12/12
Kristina CoxRe/Max AssociatesSponsor: Joe Simms
Stefan GraySemoninSponsor: Teresa Morgan
Mitchell ThomasKeller WilliamsSponsor:
Christy Lyn FerrellRJ ThienemanSponsor: Dave Ernst
Robert WhitePrudential Parks & WeisbergSponsor: Rocco Pigneri
newmembers
29 february 2013
honorroll
Associates:1st Choice InsulationA&G Drywall, IncBachman Commercial SalesBardenwerper, Talbott & RobertsBB&TBoland Maloney LumberBonnycastle Appliance & TVBoral BricksCentury MortgageCunningham Door & WindowDitsler Insurance, Inc.
The Door Store and WindowsFifth Third BankThe Flooring GalleryFrost Brown Todd, LLCK-I Lumber & Building MaterialsL & N Federal Credit UnionLogan Lavelle Hunt InsuranceLouis E. Hobbs Construction Co. Inc.McDonald Marble & Stone Inc.PPG Porter PaintsPaul Hughes Kitchen Design & SalesPro-Build
Republic BankRJ ThienemanRoyal Kitchen & Bath DesignsSam Kinnaird’s Flooring and GraniteScreens of KentuckySonne SteelThe Trend Companies of KentuckyTriton Stone GroupUnited Residential Lending CorpWells Fargo Home MortgageWindow WorldVanZandt, Emrich, & Cary
Builders:
Blacketer CompanyClifford Thieneman Co., LLC
Deville HomesDominion HomesQuarry Bluff Estates
As of January 1, 2013
A special thanks to all Honor Roll Members!For more information on how you can be listed on the HBAL Honor Roll, please call Melissa or Kimberly at 429-6000.
corporatesponsors
Special thanks to these 2013 HBAL corporate sponsors:
memberspending
The following have applied for Registered Builder/Remodelor membership or Associate Builder/Remodeler membership. Members with pertinent information about applicant’s suitability to become a registered member of the Association, particularly credit information, are requested to contact the Registered Builder Committee, c/o the HBAL office at 1000 N. Hurstbourne Parkway, Louisville, KY 40223, by mail or you can fax information to Margie at the HBAL office at 429-6036.
Pending Registered Builder:
Mark ErnstPrestige Builders, Inc.12488 LaGrange RoadLouisville, KY 40245817-0092
Sponsors: Jim Ernst Bob Thieneman, Jr.
Pending Associate Builder/Remodeler:
Christopher A. NoonanChris Noonan Construction3815 Rimonte DriveLouisville, KY 40220741-2323
Sponsors: Scott Yates Mike Judah
30 louisville builder • hbal.com
advertiserindex
Back Alley Ornamental Iron ........................ 27
Bobcat Enterprises ....................................... 27
Boland Maloney .......................................... ibc
Bonnycastle Appliance & TV ........................ 24
BTM Engineering ....................................... 21
Century Mortgage Company ........................ 15
Dauenhauer Plumbing ................................... 4
Duggins Co., Inc. ......................................... 27
DWB Restoration II, Inc. ............................. 27
Fireplace Distributors, Inc. ........................... 20
First Citizens Bank ..................................... 21
In & Out Dumpster Services ....................... 24
K-I Lumber & Building Materials ............... ifc
L&N Federal Credit Union ......................... 25
Logan Lavelle Hunt ...................................... 4
PPG Porter Paints ....................................... 15
Savvy Home Supply..................................... 20
calendarofevents
February5 Shelby County Council 12:30 a.m., Claudia Sanders Dinner House
6 Land Development Committee 10:00 a.m., HBAL
7 2013 Real Estate Economic Forecast 7:15 a.m. - 1:30 p.m., The Olmsted
7 Table Top Night 4:00 p.m. - 7:30 p.m., Mellwood Arts Center
12 Membership Meeting 10:30 a.m., HBAL
14-15 HBAK Board Meeting Marriott Griffin Gate Resort Lexington, KY
20 Oldham County Council 11:30 a.m., John W. Black Community Center
21 Codes and Standards Committee 11:00 a.m., HBAL
29 Executive Committee Meeting 11:30 a.m., HBAL
March1-3 Home, Garden & Remodeling Show Kentucky Expo Center, South Wing B&C
5 Membership Meeting 10:30 a.m., HBAL
6 Land Development Meeting 10:00 a.m., HBAL
20 Registered Builder Committee Meeting 10:00 a.m., HBAL
20 Associates Advisory Committee Meeting 3:00 p.m., HBAL
21 SMC Meeting 9 a.m., HBAL21 Codes and Standards Committee 11:00 a.m., HBAL
27 Executive Committee 1:00 p.m., HBAL
27 Board of Directors 3:00 p.m., HBAL
Go to Events & Classes at the new HBAL.com view a calendar of all HBAL events
HBAL.COM
THE N
EW
©2011 Marvin® Windows and Doors. All rights reserved. ®Registered trademark of Marvin Windows and Doors.
Somehow prime location for plates and bowls didn’t seem quite right.
True enjoyment of your new space begins with exceptional windows and doors. Choose style, colors, hardware and more with limitless design possibilities. And find an energy efficiency solution that’s right for your home. Discover the perfect windows for your space. See inspirational videos. Get design tips from the experts. All at myMarvin.com Contact us today to find the perfect solution for your space.
available at:Boland Maloney Lumber
4010 Collins Lane, Louisville, KY 40245(502) 426-6121 • www.bolandmaloney.com
31 february 2013
©2011 Marvin® Windows and Doors. All rights reserved. ®Registered trademark of Marvin Windows and Doors.
Somehow prime location for plates and bowls didn’t seem quite right.
True enjoyment of your new space begins with exceptional windows and doors. Choose style, colors, hardware and more with limitless design possibilities. And find an energy efficiency solution that’s right for your home. Discover the perfect windows for your space. See inspirational videos. Get design tips from the experts. All at myMarvin.com Contact us today to find the perfect solution for your space.
available at:Boland Maloney Lumber
4010 Collins Lane, Louisville, KY 40245(502) 426-6121 • www.bolandmaloney.com
