Wednesday, December 5, 2012

Brothers Matt and Steve Orosz named co-presidents of family owned Royal Oak Homes in Baldwin Park

BALDWIN PARK, Fla. --- Brothers Matthew and Stephen Orosz were named co-presidents of Royal Oak Homes, the Baldwin Park based home builder that has grown from a single community that sold 20 new homes in 2011 to 10 communities with 200 new home sales this year. Longtime Orlando area home builder William S. Orosz, Jr., president of Hanover Capital Partners, LLC announced the appointments. Stephen Orosz earned his B.S. Degree in accounting from Villanova University and his M.S. Degree in accounting from the University of Central Florida before launching his career with Deloitte and Touche, LLP and served as financial analyst with the Philadelphia Eagles of the NFL. He joined K. Hovnanian Cambridge Homes in 2005. He was appointed vice president at Hanover Capital Partners at the firm’s inception in 2007. Matthew earned his B.S. Degree in accounting and business administration from Villanova University and his MBA from the Crummer Graduate School of Business at Rollins College. At KTR Capital Partners, a private real estate investment trust in Philadelphia, he was responsible for the acquisition of more than 1.2 million square feet of industrial real estate. He was appointed vice president of investments at Hanover Capital Partners in 2009. So far this year, Royal Oak Homes has sold more than 185 single family homes priced from the mid-$100s to more than $300,000 in 10 communities in Clermont, Apopka, St. Cloud, Kissimmee and Eustis for revenues of more than $20 million.

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