Our History
1956
Ed Lowder Founds Colonial Company & Lowder Construction as a homebuilding company in Montgomery, AL
1958 - 1968
2nd Generation begins work with New Companies Founded
These include Lowder Realty, Colonial Insurance, Lowder New Homes, and Colonial Mortgage.
1970 - 1979
More Subsidiaries formed & Diversification Grows
Colonial Properties, Exchange Bank, and Colonial Broadcasting all formed in this decade.
1993
Colonial Properties Trust goes Public (NYSE: CLP)
This formed as a Diversified REIT focusing on Office, Retail, & Multifamily in the Sunbelt region.
1995 - 2000
Acquisitions, Dispositions, & Expansions
Colonial Homes was formed to expand into Florida. Colonial Mortgage was sold & the Insurance grew with two acquisitions.
2005
Colonial Homes is sold to Meritage Homes
The Florida operation was sold to a public homebuilder. Lowder New Homes sold & closed 356 homes. Colonial Company begins developing in the panhandle of Florida at Rosemary Beach.
2008
Colonial completes construction of two boutique condo projects in Charleston, SC.
2009 - present
Begins development of 400-acre New Urbanist community in Montgomery, AL
2015 - present
Colonial re-enters apartment development & Management
Focusing on boutique infill projects on existing vacant land inventory.
2023
Began Construction on our first Build-to-Rent Single Family Community