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Robertson's CEO featured in Bridge Magazine

November 21, 2017

Robertson's CEO featured in Bridge Magazine

Paul Robertson Jr. of Robertson Homes at his 760 Forest project under development in Birmingham, Michigan on Thursday, November 16, 2017. Photo by Jeff Kowalsky for Crain’s Detroit Business What Michigan businesses learned from the last recession | Bridge Magazine Paul Robertson Jr., chairman of Bloomfield Hills-based home building company, Robertson Bros. Co., said his firm employed 68 people full time in 2006 before cutting back to six during the recession. Today, Robertson Homes has 45 full-time employees. The firm gave annual raises of 4.5 percent to 5 percent before the recession, Robertson said, but he doesn’t think the company has given more than 3 percent annually over the past five years. Robertson said today his company takes on smaller projects that require less financing. And the company builds far fewer speculative homes — houses without a buyer on the other end, often used as model homes within a planned development — that can wind up sitting when the market tanks. Click Here to Read the Full Article

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