- March 13, 2025
Minto Communities USA has announced that veteran Florida homebuilder and developer Mike Belmont is retiring as president of Minto Communities USA, effective April 18, 2025.
Belmont will stay involved with Minto part-time for the next two years as an advisor to the CEO, senior management, and board of directors, according to a press release. He has been with Minto since 2008 and assumed the role of president of U.S. operations in 2010.
"Since joining Minto in 2008, Mike steered our U.S. operations through the aftermath of the great financial crisis and spearheaded our expansion from our historical Florida footprint into South Carolina and Texas," Minto Group CEP Michael Waters said in the press release. "As leader of our U.S. operations, Mike built our business with spectacular success."
Under Belmont's leadership, annual home deliveries and revenues grew from 403 homes and $153 million in 2008 to 2,385 homes and $1.42 billion by the end of 2024.
Belmont began his career in Florida home building in 1987 as a controller for a joint venture between Ryan Homes and The William Lyon Company at Lake Charleston, a large master-planned-development in Boynton Beach.
Minto’s Latitude Margaritaville Division President William Bullock will assume the role of Minto Communities USA president following Belmont’s retirement. Bullock joined Minto in 2009, bringing extensive homebuilding experience across various markets.
Lifestyle Realty Group welcomes real estate agent Robin Nihoff to its growing Ormond Beach brokerage.
Nihoff is an experienced agent that enjoys spending time with her family. She has many years of sales experience and loves the process of helping her clients achieve their dreams.
