Mercedes Homes LLC, for nearly 30 years one of Brevard County’s most prominent home builders, is ending operations two years after filing for Chapter 11 bankruptcy.
An outside executive management team brought in by the consortium of leading creditors from the bankruptcy case recently took over operations of the Suntree-headquartered company and announced its intentions to cease operations after its contracts for new homes are satisfied, though no exact timeline was provided.
The founding Buescher family, which held most top management spots at Mercedes, has not been involved in the company since late December. They are in the process of starting a new home building company to be called Mercedes Premier Homes LLC.