The officers of Tava Development Co., a family owned corporation are Tony Allen, Scott Allen and Tracy Allen Friedmann, bring to the company a combined experience of more than 70 years in home-building and land development.
Tava Development Co. history dates back to 1977, when Tony Allen was President of Singer Housing Company of
From then through the early 90’s, the three divisions of Citation, Northern, Central and Southern, became an entity recognized as one of
In 1995, when the partnership was dissolved, The Allen Family continued in homebuilding and development as Tava Development Co., doing business as Citation Homes, establishing neighborhoods in
Because Tava Development Co. is a closely held company, it can fill different niches in the market. Flexibility and financial strength enabled Tava to react quickly to various opportunities and respond promptly to buyers’ needs. This responsiveness gives Tava Development Co. a long standing reputation for excellence among land sellers, lenders, venture partners, subcontractors and homeowners in every market the company has chosen to enter. Tava’s success is founded on one simple ethic: to design and build value into every home. As a home building company, Tava Development Co. understood the needs of homebuyers and was committed to fulfilling those needs.
From 1994 to 1998 Tava Development Co. provided asset management services to Wells Fargo Bank for a master planned community in the City of Riverside, California. Tava was able to use its land development, financing and marketing expertise to transition a non performing asset into a major profit center for the bank.
Tava Development Co. continued in land development and to build residential neighborhoods until 2004 when the family was approached by Meritage Homes a public homebuilder based in
Today, Tava Development Co. is a real estate investment company pursuing opportunities in land development, investment, project management, asset management, consulting and investment.
Tava Development Co.’s deeply rooted involvement in community and charitable concerns ranges from Boy Scouts to the performing arts. The company’s long-standing service to the building industry’s organizations—The Building Industry Association and the Home Builders Council among them—further underscores this commitment.
Tava Development Co. has a reputation for integrity, based on its conservative philosophy and years of financial stability.