William Lyon Homes Buys Polygon Northwest for $520 million

Category: Construction News
Published: Jun 30, 2014

Photo credit: brianDhawkins / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0)

Bellevue-based Polygon Northwest is being sold for $520 million in cash by William Lyon Homes. They claim they will keep the brand name and current employees intact. After the sale is finalized William Lyon Homes will be the owner of over 18, 000 lots in the West, most of them in Seattle and the nearby areas.
Polygon, over the years, has built almost 16, 000 homes in Seattle and Portland, Oregon. It is estimated to build between 850-900 new homes this year.
Get more details at bellinghamherald.com.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.