Current news for this company:
Monarch Homes of Wisconsin - Milwaukee-based luxury home builder
Milwaukee, Wisconsin-based luxury home builder Monarch Homes of Wisconsin has filed for Chapter 7 bankruptcy protection per the Milwaukee Journal-Sentinel:
Monarch Homes makes one more ex-Extreme Makeover: Home Edition home builder to "implode."
Further to the article, some would-be Monarch Homes homeowners have been left in the lurch of bankruptcy with incomplete homes.
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Important: This company is on our list of builder operations that have "imploded" (see also ailing lenders). This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid declines in enterprise value; or abnormal "bail-out" by corporate parents or peers in order to continue to operate. The builders may be residential or commercial.