Southern Land Company Hires Experienced Industry Leader as National President of Homebuilding and Acquisitions

David Bracht will relocate to Southern Land’s Nashville headquarters
to oversee, advance and expand company’s award-winning single-family
home and master planned community efforts

NASHVILLE, Tenn.–(BUSINESS WIRE)–Southern
Land Company
, a national real estate developer of mixed-use
developments and master planned communities, today announces the hiring
of David Bracht as President of Homebuilding and Acquisitions.

Bracht has been appointed to take on a strategically important role for
the company as it seeks to take best practices from its award winning Westhaven
community in Franklin, Tenn. to plan and execute new master
planned communities
across the United States.

“We are very pleased to welcome an industry leading professional of
David’s caliber to lead Southern Land’s homebuilding future,” said Tim
Downey, Chief Executive Officer of Southern Land. “David already knows
Nashville and Denver, two of our largest markets, exceptionally well. We
will empower him to expand our homebuilding practice where he sees
opportunity and acquire the best sites to develop large, master-planned
communities. David possesses the vision and vast experience to enable
Southern Land to maintain our highest standards as we expand our
single-family communities nationally.”

Bracht is a 28-year veteran of the homebuilding industry with 20 years
in the Denver market and the remaining 8 years in Michigan, Phoenix,
Cincinnati/Northern Kentucky and Philadelphia. Before joining Southern
Land, he was the Denver Division President and Land Company President
for Oakwood Homes overseeing all land acquisition, entitlement and
development activities for the entire company as well as all aspects of
the Denver Divisions operations including sales, construction,
purchasing, finance and warranty, having full P&L responsibility.

Prior to Oakwood, he was the Midwest Regional President for the Drees
Company in Fort Mitchell, Kentucky. He has also been a homebuilding or
land division president for Pulte, Lennar and Neumann Homes in Denver
and Richmond American Homes in the Delaware Valley. Bracht graduated
with a Bachelor’s degree in Accounting from Wayne State University in
Detroit, Michigan, and earned his CPA working for Arthur Andersen &
Company. He held several divisional, regional and national finance
related positions with Pulte and Richmond.

Bracht relocated to Nashville where he has extended family. Southern
Land’s headquarters just relocated to the company’s Vertis
Green Hills project
.

Southern Land is known nationally for its ability to execute in-house
disciplines at all stages of the development cycle of new mixed-use,
commercial, single-family and multifamily communities.

Across its footprint nationwide, Southern Land Company employs
approximately 300 individuals. It has executed 22 large scale projects
across the country and is actively acquiring more land and planning more
activity.

For more information visit: www.southernland.com

About Southern Land Company

Southern Land Company builds quality communities that enhance the lives
of residents and tenants across the United States. With a comprehensive
set of services that span the entire development cycle, Southern Land
Company delivers distinctive settings where people want to live, work
and shop. By upholding stringent standards for single-family,
multifamily and mixed-use developments, the company creates projects
with long-term viability that investors, residents, employees and
partners can rely on. Founded in 1986, Southern Land Company is
headquartered in Nashville, TN and develops properties in several key
U.S. markets. www.southernland.com.

Contacts

Justin Wilson
justin@hallstrategies.com
615-242-8856

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