Hovde Properties, LLC
122 W. Washington Avenue, Suite 350, Madison, WI, 53703
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Ownership
Family-owned and managed since its founding in 1933, with three generations of family ownership. Current CEO is Eric Hovde, suggesting continued family leadership.
Local Sourcing
No specific information available about supply chain sourcing practices for their construction and development projects. Limited transparency on sourcing methodology.
Community Involvement
Hovde Properties volunteers worked with Clean Lakes Alliance and sponsored a table at Madison Clean Lakes Alliance breakfast. The company is passionate about positively impacting the surrounding community of each of their property developments.
Local Workforce
Hovde Properties has 34 employees, suggesting stability, but no specific information on wages, benefits, or employee tenure is publicly available.
Revenue Retention
The company generates $9.6 million in revenue through local real estate operations, meaning virtually all revenue stays within Wisconsin and the local community through property management and development activities.
Local Presence
Strong local signals include family-owned since 1933, Madison headquarters address prominently displayed, local phone number, Wisconsin-wide operations focus, and named local projects (Breakwater 233 in Racine). Minimal corporate signals; no location selector, franchise language, or parent company references detected.