
Lantana, Fla., June 11, 2025 – JFB Construction Holdings (Nasdaq: JFB), a Florida-based real estate development and construction firm with a focus on hospitality, commercial, industrial, and high-end residential properties, has officially begun construction on an ultra-luxury equestrian residence in Wellington, Florida. The custom-designed property is valued in the multi-million-dollar range and represents a strategic expansion of the company’s high-end residential portfolio.
The exclusive project features a sprawling 17,000-square-foot home located on a meticulously planned five-acre estate. Designed to cater to equestrian enthusiasts and luxury homeowners alike, the property will include a single-family residence, a separate guest house, a six-stall barn, a detached utility garage, and a full-sized riding arena.
“Owning an equestrian estate home in the established community of Wellington, Florida is truly a unique experience,” said Joseph F. Basile, III, CEO of JFB Construction Holdings. “Wellington is globally recognized as the premier horse sports destination in the world. The 17,000 square foot home is situated on a five-acre estate. It is a single-family house with an attached guest house, a six-stall barn with a detached utility garage and a full riding arena."
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JFB’s decision to pursue this signature estate aligns with its broader growth strategy announced earlier this year, which included $69.5 million in new contracts across its project pipeline for 2025. The Wellington estate represents a key project within the company’s push into the luxury residential and equestrian market segment in South Florida.
“This custom estate with state-of-the-art equestrian facilities is part of the high-end residential construction segment of JFB and was included as part of our previous announcement of $69.5 million in new contracts to date for 2025,” Basile continued. “Our residential construction segment focuses on custom home builds primarily in the South Florida region. In 2025, we have focused more on growth of this segment to continue to diversify our service offerings. Our relationships with architects, engineers and designers create opportunities for our participation in these projects, and we will continue to foster these relationships to continue growth in this segment.”
The Wellington estate will be constructed with an emphasis on premium finishes, modern sustainable building practices, and equestrian functionality—an increasingly sought-after combination in South Florida’s luxury real estate market. The company’s decision to expand into bespoke equestrian estates reflects both rising regional demand and JFB’s internal expertise in delivering high-complexity, detail-oriented residential builds.
About JFB Construction Holdings
JFB Construction Holdings (“JFB”) brings decades of collective experience in real estate development and construction across multiple sectors. From multifamily housing and national franchise locations to commercial centers and elite custom homes—including equestrian estates—JFB has successfully delivered more than two million square feet of completed commercial and residential space.
The company’s foundation rests on long-standing relationships, repeat clientele, and a reputation for exceeding expectations in quality and service. JFB’s business model relies heavily on referrals and recurring business, and to date, it has provided general contracting and construction management services in 36 states across the U.S.
Forward-Looking Statement Disclaimer
This press release includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions. Such statements include projections related to new contracts, strategic growth in residential construction, and ongoing development efforts. Readers should not place undue reliance on these statements, as actual results may differ materially. Additional information can be found in JFB Construction’s filings with the SEC. JFB disclaims any obligation to update forward-looking statements except as required by law.
Originally reported by Global Newswire.
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