Current news for this company:
The Macauley Companies - Atlanta home builder
We have learned that Atlanta-based Macauley Companies filed for Chapter 7 bankruptcy protection on May 1, and founder Stephen Macauley further filed for personal bankruptcy protection on August 1.
Per the Atlanta Business Chronicle:
The Macauley Companies website appears to be down (macauleycompanies.com).
Despite these setbacks, Stephen Macauley is "very bullish on Atlanta and I want to keep creating great communities and great places for people to live."
Prior to Macauley Companies shutdown, they had as many as 34 employees.
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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.