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This profile was last updated on 8/12/05  and contains information from public web pages.

Mr. Pat Logue

Wrong Pat Logue?
 
Background

Employment History

  • General Partner and Founder
    First Home Builders of Florida
  • Partner and Director of Sales and Marketing
    First Home Builders of Florida
  • Owner
    First Home Builders of Florida
  • Owner
    First Home Builders
  • President
    First Home Builders
  • Owner
    Home Builders
  • Founder and Owner
    Home Builders
  • President
    Home Builders
  • Owner
    Cape coral !based First Home Builders
  • President
    Cape coral !based First Home Builders

Board Memberships and Affiliations

53 Total References
Web References
Homebuilder headlines
www.thetitlereport.com, 12 Aug 2005 [cached]
Patrick Logue, general partner and founder of First Home Builders of Florida, explained that the company established a Western Florida presence by providing a quality product.
"By combining our operations with a premier company such as Hovnanian, we can take our vertical integration efforts to the next level and expand our product offering," Logue said.
New Home Builder - K. Hovnanian® Homes®: Press Releases: First Home Builders
www.townandcountryhomes.com, 8 Aug 2005 [cached]
Mr. Patrick Logue, General Partner and Founder of First Home Builders of Florida, stated, "We established our presence in Western Florida by providing homebuyers with a quality product.
Cape Coral: Logue never gave up living
www.news-press.com, 1 Mar 2003 [cached]
Logue never gave up living
First Home founder tackled everything that came his way
...
ON TOP OF THE WORLD: Pat Logue has been partner and director of sales and marketing for First Home Builders of Florida since they began business seven years ago.STEPHEN HAYFORD/news-press.com
Building contractor Pat Logue should probably spend more of his time in Las Vegas than in his Cape Coral office at First Home Builders of Florida.He knows how to beat the odds.
Logue has survived leukemia after doctors gave him a 20 percent chance for recovery.He's succeeded in business when those around him said he needed an education to "make it."He dropped out of high school his freshman year.
He built First Home Builders from virtually nothing when experts warned that you need a sizeable bankroll to succeed.He had $4,000 when he started.And he took on a market that everyone said was actually no market at all - first-time home buyers and people with credit problems.
Now he's the largest residential developer in Lee County.
Logue says his passion for life gets him through.
Glancing around his office it's easy to tell he has that zest.
Photos of his airplanes, his 50-foot motor yacht, and mounted trophy fish - all the trappings of success - cover the walls and furniture in an office more fitting of a low-level staffer.
And his face literally beams when he starts talking business.
He tells how he can turn apartment renters into home owners, or how his employees know home financing options better than most banks, or how he can help someone fix a credit rating in less than a year so they can qualify for a mortgage.
He loves to talk business, but what's really evident is that he loves to help people.
"Everyone has a niche that they can fit into," he said of finding a first-time home buyer financing."We're not in the mortgage business, but we know the business and we can provide the answers."
Those answers have translated into nearly 200 new home sales every month and as many families going off the rent rolls at apartment complexes.
Since going to work full-time at the age of 15, Logue has worn many hats, or aprons.
He started as a butcher working 77 hours a week.
"It was my idea but everyone signed off on it," Logue said of his decision to quit school.But as the oldest of five children he had to help his single mother.
Five years later he followed his father in the automobile business.That's where he learned the finance business.
Logue spent 15 years in car sales, a career that was interrupted when he opened his own butcher shop in Missouri.That shop closed five years later when urban development took his business.He moved to Florida in 1985.
He stayed in the auto business in Southwest Florida until 1995 when he decided to build homes.But before he did he plunked himself down and learned all the ins and outs of FHA financing.
"I read that book cover to cover," he said holding his index finger and thumb about 3 inches apart to show the size of the document."I really understood car financing, so I knew I could master home financing."
So, armed with a life savings of $4,000, he teamed up with a general contractor and went to work.He sold 63 homes that first year and was itching to grow the business.But his partner wasn't.
That's when he found his current partner, Jim Sublett, who provided the capital.The second year the company did 200 homes, then 400 the next.
Now the pair are selling more than 2,000 homes every year.They also own about 2,400 building homesites in Lehigh Acres, Cape Coral and Bonita Springs, and employ 145 people.
...
The future also looks pretty bright for Logue and his company.They are planning a housing supercenter in Fort Myers that will be a one-stop shop for new home buyers.
The plan is to put a sales center with nine models at the corner of U.S. 41 and Colonial Boulevard and cash in on the 50,000 cars that pass the site every day.
But life is more than just work for the 45-year-old single executive.
...
"We have an investment in the community," Logue said."And we want to put some of it back."
Back to Cape Coral
Cape Coral: Fees add up for new Cape homes
www.news-press.com, 20 Dec 2002 [cached]
"It's an unfair tax," said Pat Logue, an owner of First Home Builders of Florida in Cape Coral."It's regressive.It knocks a lot of people out of the market."
Impact fees are one-time charges on new homes to pay for the services created by growth.
Recent trends in building permits might back up Logue's claim.
One of those happened in Cape ...
www.goldberg-law.com [cached]
One of those happened in Cape Coral, and resulted in the death of local homebuilder Pat Logue, 56, the founder of First Home Builders, which in the early 2000's was one of Southwest Florida's largest ...Continue Reading
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