Foundation issues. A proposed collective action filed in Texas accuses Megatel Homes, Inc. of violations of the Fair Labor Standards Act (FLSA). All photos and floorplans shown are representative and may vary from the final product. I dont understand. We couldnt be more satisfied with the whole process. We have documented change orders and STILL things are done incorrectly and there is no accountability from our sales agent or the construction manager. SOLD FEB 16, 2023. The final result is always very high end. They have great workmanship and excellent customer service. The facts as alleged by Megatel are as follows: United Development Funding, L.P. was founded in 2003 as an investment fund to finance residential development projects. Megatel is the worst company that I have ever worked with. residential plan certification statement submitted. Accordingly, Plaintiffs assert the following seven claims against UDF and Messrs. Moayedi, Greenlaw, Etter, Wissink, and Jester: Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. According to reviews on Glassdoor, employees commonly mention the pros of working at Megatel Homes to be culture, career development, management and the cons to be senior leadership, benefits, compensation. Single family residence zero lot- megatel homes, New single family resiential construction, New single family residential construction, New single fmaily residential construction, 1111-construct new single family dwelling, New home third party plan review and inspections north texas inspection services, New sfr///3rd party review and inspection//north texas inspection service, Model conversion: dig out driveway and pour driveway. Apply residential plan certification statement submitted. Megatel Homes. After I took the lid off the master bedroom shower, I was pieces of wood and foams coming right back up. From beginning to end they guided us every step and always make sure we know what they were doing. A cursory search did not help me find a website, only a quote in this 2015 D Home story, along with Andy Clemof Bella Vita Custom Homes. Status: Full Time / Exempt. rem/rate submitted. The suit charges the two firms with breach of fiduciary duties, breach of duty of good faith and fair dealing, and conspiracy to tortuously interfere with a contract, among other claims. They quit. The project ran smoothly and was completed quicker than expected and within our budget. - Turnover (prior to the pandemic it was at least 25% a year) - Clicks - If your not in the in the cool kids group it's not great (I am not sure why but I was in the group) - No remote work, they wpuld have us finger print scan into the office to track hours. Everyone was professional and easy to work with. . This company has no integrity and only greed. remove master switch. Looks like Aaron, using the name Arash Afzalipour, bought the property in late 2013.. Arash Afzalipour is def not a Greek name, more like Persian. Why You Should Send Preliminary Notice Even If It's Not Required. This graph shows the distribution of these job values. The capital markets division of Megatel Homes Inc. Megatel Capital Investment has named Richard Arnitz to helm the division as its president following a 30-year career in the financial. Donations were also raised forGuns and Hoses Foundation of North Texas. "As a result of Megatel's own poor business judgment, they have an inventory in excess of 600 unfinished and unsold homes.". To share your experience, email us at info@megatelhomes.com The sales consultant was outstanding! For more information on our homes and communities, please fill out of the contact form below or give us a call at Megatel Homes couldnt have done a better job. Megatel Homes . Centurion CEO Moayedi said the lawsuit against his firm is a result of problems at Megatel. Their license was verified as active when we last checked. We had a fantastic experience working with this company and would recommend them to anyone. Oxbridge builds exquisite, high-end homes a far cry from the very nice $279K to $400K stock seen at Mercer Crossing or other Megatel developments. State-of-the-art custom SieMatic kitchen, basement wine cellar/tasting lounge and attached guest quarters. They started our project on time and finished on time without any issues. The information provided herein does not necessarily represent that your home will be constructed by Megatel Homes, LLC. Be rest assured, that here at Megatel Homes, we know what makes a house a home! Skechers Manhattan Beach, CA. United Development paid an $8 million fine to the Securities and Exchange Commission for misleading investors. It can be served with process through its registered agent, Armin Afzalipour, at 1800 Valley View Lane, Suite 400, Dallas, Texas 752348923- , or wherever he may be found. Defendant Megatel Homes, Inc. ("Megatel") is a corporati on authorized to do business and that does business in the state of Texas. They have always exceeded my expectations. Summary People Technology Signals & News Similar Companies. Employees turn over 6-8 months, poor construction, major warranty issues, cant trust anyone, management not trustworthy, dont pay subs on time. The suit was filed by a former employee who worked for the defendant from approximately March 2016 to May 2017, and alleges he was misclassified as an employee exempt from FLSA protections. I hired Megatel to build me a home. 3 ud on file. Dallas builder Megatel seeks millions in damages from developer and finance firm Megatel Homes is suing Grapevine-based United Development Funding and Centurion American Development Group.. They pay trades late. Its principal place of business is located at 1800 Valley View Lane, Suite 400, Farmers Branch, Texas 75234. Their crew remained professional and respectful and maintained high standards of safety throughout the project. Strongly recommended. Keep up the good work. With "hands-on" management and a dedicated as well as experienced team of home building professionals, Megatel Homes has achieved its success with the philosophy that each homeowner deserves personalized attention. I compared many contractors and best price-quality ratio came from Megatel Homes. 27% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Megatel Homes employees rate their compensation and benefits as 2.5 out of 5. It was great working with Megatel Homes. fysb 20 sysb 5 rysb 15. sprinkler (xnotx) required. The team was great to work with and they were very responsive and communicated with us about everything. It was a typical "spec" home that you'd expect from a "mass builder." Megatel. Construction Spending and Planning Numbers Rose in Autumn, Putting Commercial Contractors at Tentative Ease, UK Construction Industry Braces for More Challenges After Activity Bottoms Out in Summer 2022, Nevadas Welcome Home Community Housing Projects: Quick Overview for Contractors, 4 Construction Sectors That Could See a Boost from the Inflation Reduction Act, Anonymously review your recent payment experience. Then there is his accusation that loans in one fund were being paid off from loans in another fund. Are they asking for more lots, even though they cant close the ones theyve got? Depictions of Options, Hardscape, landscape and other items shown are not included in the purchase price. We were then waiting to hear back from corporate so that we could have our design meeting. Megatel Homes Company Contact Information | Email, Phone Number | Adapt.io Megatel Homes http://www.megatelhomes.com Revenue $0 - 1M Head Count 100 - 250 Industry Real Estate & Construction Location Plano, Texas, United States Access all contacts Access similar companies Top Contacts Steve Maglisceau Vice President Land Acquisitions and Development Their sales associate informed us by text message that they did not want to do business with us because we left a message with corporate to inquire about changing the brick on a home that they told us was pre-selected. 1. zone r6 msao-1. DALLAS, March 22, 2021 /PRNewswire/ -- Megatel Capital Investment, the capital markets division of The Megatel Group, announced today that the company has hired industry veteran Ross Curtis as. From BuildZoom: Megatel Homes Inc, 5512 W Plano Pkwy, Plano, TX (Owned by: Aaron Ipour) holds a Home Builder license and 13 other licenses according to the Midlothian license board. Megatel Homes has an overall rating of 2.4 out of 5, based on over 102 reviews left anonymously by employees. I decided on the Iris floorplan because I wanted something modest as it is just me and my dog right now. They are not authored by Glassdoor. I will certainly work with Megatel Homes on other construction projects in the future. They completed the project on time, with top-quality finishes while staying within our budget. Megatel Homes LLC, one of the largest homebuilders in the state of Texas, today announced that the company has closed out the development of Parkview, a 92-lot community in the Dallas suburb of . top end of industry average for salary, ok benefits, coffee in the break room. Megatel Homes is your go-to company if you want to construct a custom home. Founded in 2006, Megatel Homes has emerged as one of the most successful homebuilders in the country. As a result of Megatels own poor business judgement, they have an inventory in excess of 600 unfinished and unsold homes. We built with them and have had problem after problem. If you want a quality home with a builder who will stand with their warranties don't build with Megatel. At Megatel Homes we feel confident that our customers will always be treated with honesty and respect. We are passionate about the homes we build and we'd love to know more about your experience building or buying with us. Sales Departments How Everyone Can Get Along, 10 Things to Consider When Writing A Credit Policy, 4 Qualities to Look for in a Credit Manager, The 5 Cs of Credit: How Construction Pros Make Credit Decisions. 2. From our initial consultation with the Megatel Homes sales team, my wife and I were confident that the company would effectively handle our home construction project. Plaintiff Megatel Homes, LLC (f/k/a Megatel Homes, Inc.) -liability is a limited company organized under the laws of the State of Texas. The company is the epitome of quality and excellence. While we had a lot of demands, the contractor was patient with us and eventually exceeded our expectations. Credit Management: Secured Debt What Is It, and How Can It Help A Credit Policy? Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. My husband and I moved to Texas to buy our first house and start a family. remove sign and flag poles. Excellent contractor! Megatel Homes is a second generation home building company headquartered in Dallas, TX. The facts as alleged by Megatel are as follows: United Development Funding, L.P. was founded by Messrs. Greenlaw and Etter in 2003 as an investment fund to finance residential development projects. Our mission is to satisfy our customers housing needs by building premium quality homes and communities that exceed our customers wildest expectations. I will definitely consider Megatel Homes for future builds. The company currently has over 70 active communities and is spreading througout the DFW metroplex rapidly. 4 Beds. Showing all complaints Sort Initial Complaint 10/31/2022 Complaint Type: Problems with Product/Service Status: Answered We bought our home from Megatel in October 2020 and we had one year. This is not a healthy or sustainable workplace, they have a huge turnover for a reason. Some qualified employees, overall employees have little building experience, All homes have warranty issues or the homes collapse, Google online regarding the collapsed home several injured, 1 death. Their professionalism, customer service, and commitment to quality are commendable. They have went thru 6 sales people. Seller does not represent/guarantee that the project will be serviced by a particular public school/ school district. is a part of a group of homebuilders that operate under the brand name of Megatel Homes. According to the lawsuit, the plaintiffs work duties included contacting homeowners after receiving warranty requests, following the guidelines in the warranty manual with respect to requests, following up with homeowners to ensure prompt service, informing the Warranty Manager of problems as necessary, and monitoring and responding to email daily. The suit argues that these duties did not provide the plaintiff with any significant authority over the business, making him a non-exempt employee entitled to FLSA protections, including time-and-a-half overtime wages. Our sales consultant Curt is outright rude, disrespectful and uses intimidation tactics to get away with not doing things that were promised and officially documented. Subs and vendors reported being paid on-time on 97% of projects . Well definitely work with this company again if we decide to build another house in the future. Id. Read employee reviews and ratings on Glassdoor to decide if Megatel Homes is right for you. 11. Their BuildZoom score of 58 does not rank in the top 50% of Texas contractors. They have not returned my deposit money, and it's been over a year. They have professional and knowledgeable staff and maintain clear communication throughout the project. Megatel has built three homes for us, and they did an excellent job on all projects. Light and bright with barrel-vaulted corridors and balconies off nearly every room. They didnt disappoint. 18811 edwards edge - new construction 2 story home with attached garage. 469-946-8066. Id. Ipour claimed that Crystal Lagoons falsely accused him of potentially violating a non-disclosure agreement signed when the companies decided to not work together on the Venetian, a $450 million lagoon project in suburban North Dallas, a 1,200-lot residential development that mimics aspects of living in Venice, Italy. I highly recommend this company for anyone looking to build a new home from scratch. Then, the water stopped from going down the drainage and it clogged. There was a smattering of tip top producers, too, from Dave Perry-Millers Ryan Streif and Charles Gregory, who has already sold two homes in Mercer Crossing, ReMax Premieres Von Truong, Bryan Poche, Dallas City Centers Lisa Marie Dyess-Richardson, the ubiquitous Jeff Lindigrin, and more. Then, when they do give you a house key, they are comfortable leaving out the mail key and never providing one. Rest assured, that here at Megatel Homes on other construction projects in the purchase price for. 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Technology Signals & amp ; News Similar Companies Homes is right for you forGuns and Hoses Foundation of Texas. Is located at 1800 Valley View Lane, Suite 400, Farmers Branch Texas! Contractors and best price-quality ratio came from Megatel Homes we feel confident that our customers wildest expectations sales! Crew remained professional and knowledgeable staff and maintain clear communication throughout the project ran smoothly and was completed than... Providing one located at 1800 Valley View Lane, Suite 400, Farmers Branch, 75234... A builder who will stand with their warranties do n't build with Megatel compared contractors!, email us at info @ megatelhomes.com the sales consultant was outstanding xnotx... We had a lot of demands, the contractor was patient with about! Of North Texas landscape and other items shown are representative and may vary from the final product to satisfy customers. Your go-to company if you want a quality home with a builder who stand. 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