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Eastwood Homes acquires Mallory Pointe developer

Summary by Smithfield Times
Charlotte, North Carolina-based Eastwood Homes has acquired Napolitano Homes, the Virginia Beach-based developer of the 812-home Mallory Pointe subdivision on Battery Park Road. Eastwood announced the acquisition in a March 31 news release. Isle of Wight County land transfer records show the March 17 sale of the 500-acre former Mallory Scott Farm by MCSF LLC, Napolitano’s holding company for Mallory Pointe, to Eastwood Homes of Richmond for $4.5…
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Smithfield TimesSmithfield Times

Eastwood Homes acquires Mallory Pointe developer

Charlotte, North Carolina-based Eastwood Homes has acquired Napolitano Homes, the Virginia Beach-based developer of the 812-home Mallory Pointe subdivision on Battery Park Road. Eastwood announced the acquisition in a March 31 news release. Isle of Wight County land transfer records show the March 17 sale of the 500-acre former Mallory Scott Farm by MCSF LLC, Napolitano’s holding company for Mallory Pointe, to Eastwood Homes of Richmond for $4.5…

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Smithfield Times broke the news in on Thursday, April 3, 2025.
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