Artificial Intelligence
Builders Company
Developers/ICI Homes
IH
ICI HomesDaytona Beach, United States · founded 1980 · 1 active markets
PRIVATE

ICI Homes designs and builds customizable detached and attached homes, from affordable residences to luxury and active-adult properties, for purchasers across Florida. It also helps create master-planned communities, serving customers seeking personalized new homes in established and developing neighborhoods statewide.

Years in business
46
founded 1980
LinkedIn headcount
270
employees, as shown on LinkedIn · size band 201–500
Portfolio value
USD 2.4 billion (value at build-out)
2008
Units delivered
16,000+
as the company states it
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Intervest Construction, Inc.1
Headquarters
2379 Beville Rd1, Daytona Beach1, United States
Founded
19801
Entity type
PRIVATE1
Business model
offplan for sale1, masterplan1
Markets
1 market listed
What they build
Other (2 of 3) · Residential, for sale (1 of 3)
Full dossier in About →

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+5.0 mo
the middle of 1 scored project
Average delay
+5.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+5.0 mo
Founders Club at Plantation Bay · +4.0 to +6.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

3 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (0 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 3 rated buildings
Management & living
8.4/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 265 developers, 1367 rated buildings in United States
Overall rating
ICI Homes · 265 other developers in United States
9.0 vs 7.8
this developer 1.2 better
The weighted verdict on each side. From 3 of 3 rated buildings here and 1367 in the market.
Structure & systems
ICI Homes · 265 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (0 of 3)
Fabric and engineering only — fixed at handover. From 0 of 3 rated buildings here and 578 in the market.
Management & living
ICI Homes · 265 other developers in United States
8.4 vs 7.4
this developer 1.0 better
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1314 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • SAFETY / LABOUR Falls reported in the first six months of 2025; reported September 24, 2025 Residents of ICI Homes’ Mosaic neighborhood reported that improperly draining, algae-covered sidewalks caused more than 40 falls in the first six months of 2025, including serious injuries; the city and ICI Homes agreed that extensive sidewalk and driveway reconstruction was needed, with responsibility and funding still being worked out as of the September 24, 2025 report.
  • DELIVERY DELAY Complaint filed July 11, 2024; updates through September 4, 2024 A buyer alleged that ICI Homes delivered a home on August 29, 2022 with incomplete window screens and sliding-door components and, by July 11, 2024, had left the punch-list work unfinished for almost two years; ICI Homes said parts were being fabricated and later reported that some screens had been installed, while the buyer continued to dispute completion.
  • LEGAL Filed November 12, 2021; dismissed with prejudice December 19, 2022 A homeowner filed a construction-defect lawsuit against ICI Homes/Intervest Construction on November 12, 2021; the court ordered the case to arbitration on January 20, 2022, and the plaintiff voluntarily dismissed it with prejudice on December 19, 2022, so the docket does not establish that the allegations were proven.
  • 4 more in Risk & Sources
Record status
active
Company sources
98 source entries across 98 fields
Projects tracked
3 · 3 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+5.0 mo
the middle of 1 scored project
Average delay
+5.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+5.0 mo
Founders Club at Plantation Bay · +4.0 to +6.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

3 of 3 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Jacksonville, United States
Ormond Beach, United States
2015201620172018201920202021202220232024202520262027todayJACKSONVILLE, UNITED STATEScompleted, no target published+9.5 moestimatedORMOND BEACH, UNITED STATES+5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

3 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (0 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 3 rated buildings
Management & living
8.4/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 265 developers, 1367 rated buildings in United States
Overall rating
ICI Homes · 265 other developers in United States
9.0 vs 7.8
this developer 1.2 better
The weighted verdict on each side. From 3 of 3 rated buildings here and 1367 in the market.
Structure & systems
ICI Homes · 265 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (0 of 3)
Fabric and engineering only — fixed at handover. From 0 of 3 rated buildings here and 578 in the market.
Management & living
ICI Homes · 265 other developers in United States
8.4 vs 7.4
this developer 1.0 better
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1314 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

3 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Founders Club at Plantation BayOrmond Beach
9.1/ 10
—/ 10
7.9/ 10
WeddingWire 4.8/5, 4.8/5, 4.8/5, 4.8/5, 4.6/5 · 13 reviews · weddingwire.com
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.9.

The largest located review base is the Google-reported 4.7/5 from 21 reviews, which converts to 9.2/10 and sets the level. Repeated praise for staff, food and the venue supports a modest upward commentary adjustment, while the isolated management complaint is reported but not treated as recurring. Evidence is stronger for clubhouse amenities and event operations than for long-term residential living, and the Google figure was obtained through a secondary listing rather than a directly opened Maps page.

+ New clubhouse completed+ Expanded three-story clubhouse+ Indoor/outdoor dining+ Large patio and event spaces
+ Helpful event coordinator+ Friendly staff+ Good food+ Attractive venue+ Indoor/outdoor dining and patio
− Management communication complaint

The published material describes the new Founders Club as a 40,500-square-foot, three-story clubhouse that officially opened on December 15, 2023, replacing a much smaller 1980s clubhouse. No review examined reports structural failures, leaks, plumbing, HVAC or electrical problems; the one negative report concerned delivery timing and management rather than building systems.

WeddingWire reviewers repeatedly praised the coordinator and staff, including “Kris was nothing short of amazing,” and described the food and venue as excellent. The Knot contains a sharply negative 2023 account alleging that upper management gave only six weeks’ notice that a promised clubhouse would not be ready, while residents quoted after completion called the clubhouse “fabulous” and “the finest club in Florida right now.”

Tamaya Residents ClubJacksonville
9.0/ 10
—/ 10
9.0/ 10

The Chamber of Commerce page reproduces a Google rating of 4.7/5 from 104 reviews for Tamaya Clubhouse, which sets the level and converts to approximately 9.3/10 under the supplied curve. The largely positive written sample supports the high level, but the reported security/privacy concern, management/upkeep complaint and separate structural-workmanship complaint justify a modest downward adjustment.

− Reported poor structural workmanship− A/C slab-gap repair reportedly repeated
+ Clean clubhouse and pools+ Resort-style amenities+ Accommodating staff+ Friendly community+ Family activities and events
− Security/privacy concern− Management/upkeep complaint− Price complaint

The clubhouse-specific material does not publish an engineering or building-systems assessment. A separate Tamaya/ICI Homes listing contains one serious owner report alleging “poor structural workmanship” and that an A/C slab gap had been filled twice; this is a single report, not a verified system-wide finding.

Published clubhouse reviews are mostly favorable: one resident described it as “quiet, clean” with “plenty to do,” while another praised the “huge pool,” “well kept gym” and “amazing staff.” The negative sample includes a complaint of “Lack of security and privacy” and a separate report that the “Property manager [was] very direspectful” and the place “unkept”; older community coverage also quotes residents describing staff as responsive and events as making it easy to meet neighbors.

TamayaJacksonville
8.8/ 10
—/ 10
8.4/ 10
Chamber of Commerce / Google Reviews 4.7/5 · 104 reviews · chamberofcommerce.com
Google Reviews 4.7/5 · no review count · beatrizpark.com
Combined from 2 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

The 4.7/5 Tamaya Clubhouse aggregate from 104 reviews sets the level and converts to approximately 9.1/10 under the requested curve. The score is moderated by the small but specific Yelp complaints, the reported management/upkeep and security concerns, and offsetting repeated praise for the amenities and cleanliness; no structural score is assigned because no published structural rating exists.

− Poor structural workmanship− A/C slab gap reportedly repaired twice
+ Resort-style amenities+ Clean pools and deck+ Attractive clubhouse+ Helpful staff+ Well-kept gym
− Management responsiveness concerns− Security and privacy concern− Unkept-facility complaint− High-price complaint

The available infrastructure feedback is limited to one Yelp review, which says “Beware of poor structural workmanship” and reports that an A/C slab gap had been filled twice. No published engineering, plumbing, HVAC, electrical, waterproofing or building-fabric rating was located, so the evidence is insufficient for a structural score.

Daily-life reviews are mostly favorable: the clubhouse was described as “quiet, clean” with “plenty to do,” and another reviewer praised “resort style amenities.” Negative feedback is narrower but material, including “Property manager very direspectful!Place unkept,” a complaint of “Lack of security and privacy,” and a Yelp account calling the home-closing experience “a disaster.”

Only buildings that have reached handover are rated. 0 of 3 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Intervest Construction, Inc.
Headquarters
2379 Beville Rd, Daytona Beach, United States
32119
Founded
1980
Daytona Beach, United States
Entity type
PRIVATE
Revenue
USD 607 million
2025
Business model
offplan for sale, masterplan

Offices

head office and 5 others
Ormond BeachKissimmeeJacksonvilleApollo BeachFernandina Beach

Sources: office cities

SOCIALdate not shown in source

ICI Homes

LinkedIn
with offices in Ormond Beach, Kissimmee, Jacksonville, Apollo Beach, and Fernandina Beach
value seen: Ormond Beach, Kissimmee, Jacksonville, Apollo Beach, and Fernandina Beach
https://www.linkedin.com/company/ici-homes

Partners

7 partners
Ameris Bank
funder

Provides mortgage loans, including fixed-rate, adjustable-rate, VA and FHA loans, plus first-time-buyer loans and refinancing.

Florida Paints
partner

Supplies paints and coatings formulated for Florida’s climate.

Westlake Royal Roofing
contractor

Provides roofing solutions for homeowners and building and construction professionals.

General Electric
partner

Supplies residential appliances.

Kohler
partner

Supplies kitchen and bath products.

The Mortgage Firm
funder

Provides real-estate financing for real-estate professionals, builders and individual homebuyers.

Simpson Strong-Tie
partner

Provides tested residential-construction solutions, software and design resources.

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### Ameris Bank
value seen: Ameris Bank
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides mortgage loans, including fixed-rate, adjustable-rate, VA and FHA loans, plus first-time-buyer loans and refinancing.
value seen: FUNDER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides mortgage loans, including fixed-rate, adjustable-rate, VA and FHA loans, plus first-time-buyer loans and refinancing.
value seen: Provides mortgage loans, including fixed-rate, adjustable-rate, VA and FHA loans, plus first-time-buyer loans and refinancing.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### Florida Paints
value seen: Florida Paints
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies paints and coatings formulated for Florida’s climate.
value seen: OTHER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies paints and coatings formulated for Florida’s climate.
value seen: Supplies paints and coatings formulated for Florida’s climate.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### Westlake Royal Roofing
value seen: Westlake Royal Roofing
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides roofing solutions for homeowners and building and construction professionals.
value seen: CONTRACTOR
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides roofing solutions for homeowners and building and construction professionals.
value seen: Provides roofing solutions for homeowners and building and construction professionals.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### General Electric
value seen: General Electric
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies residential appliances.
value seen: OTHER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies residential appliances.
value seen: Supplies residential appliances.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### Kohler
value seen: Kohler
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies kitchen and bath products.
value seen: OTHER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Supplies kitchen and bath products.
value seen: Supplies kitchen and bath products.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### The Mortgage Firm
value seen: The Mortgage Firm
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides real-estate financing for real-estate professionals, builders and individual homebuyers.
value seen: FUNDER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides real-estate financing for real-estate professionals, builders and individual homebuyers.
value seen: Provides real-estate financing for real-estate professionals, builders and individual homebuyers.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: name

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
### Simpson Strong-Tie
value seen: Simpson Strong-Tie
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: partner type

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides tested residential-construction solutions, software and design resources.
value seen: OTHER
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Sources: summary

COMPANYdate not shown in source

Partners | ICI Homes

ICI Homes
Provides tested residential-construction solutions, software and design resources.
value seen: Provides tested residential-construction solutions, software and design resources.
value paraphrased from this source
https://touchscreen.icihomes.com/why-ici-homes/partners

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 3 projects tracked

What they build

2 types
Other2 of 3
Residential, for sale1 of 3
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
MH
Mori Hosseini
Hosseini is ICI Homes’ founder, chairman and CEO, with overall responsibility for the privately held homebuilder/developer. The company says he founded it in 1980; his documented background combines aeronautical engineering, an MBA and leadership of major university and corporate boards.
Current title
Chairman & CEO
Experience
no career length stated
Companies before
none sourced
Education
Chelsea College of Aeronautical EngineeringAeronautical Engineering
Embry-Riddle Aeronautical UniversityBachelor of Science in Aeronautical Studies
Embry-Riddle Aeronautical UniversityMaster of Business Administration
Other boards
Chairman of the Board of Trustees — University of FloridaChairman of the Board of Trustees — Embry-Riddle Aeronautical UniversityBoard Member — Enterprise Florida, Inc.Board Member — Space FloridaChairman of the Board — Allstar Building MaterialsChairman of the Board — Southern Title Family of Companies
Known for
FounderChairman & CEOFounded 1980MBAAeronautical engineering
since founded ICI Homes in 1980

Sources: education

COMPANY2026-09-08

About ICI Homes

ICI Homes
Born in Iran, he was educated in London, England, earning a degree in Aeronautical Engineering from Chelsea College of Aeronautical Engineering, then attended Embry-Riddle Aeronautical University, where he received both a Bachelor of Science in Aeronautical Studies and a Master of Business Administration.
value seen: Chelsea College of Aeronautical Engineering; Aeronautical Engineering; Embry-Riddle Aeronautical University; Bachelor of Science in Aeronautical Studies; Master of Business Administration
held out of the figures · the quote does not carry this value
https://icihomes.com/why-ici-homes/about-ici-homes

Sources: other boards

COMPANY2026-09-08

About ICI Homes

ICI Homes
- Chairman of the Board of Trustees — University of Florida - Chairman of the Board of Trustees — Embry-Riddle Aeronautical University - Board Member — Enterprise Florida, Inc. - Board Member — Space Florida - Chairman of the Board — Allstar Building Materials - Chairman of the Board — Southern Title Family of Companies
value seen: Chairman of the Board of Trustees — University of Florida; Chairman of the Board of Trustees — Embry-Riddle Aeronautical University; Board Member — Enterprise Florida, Inc.; Board Member — Space Florida; Chairman of the Board — Allstar Building Materials; Chairman of the Board — Southern Title Family of Companies
https://icihomes.com/why-ici-homes/about-ici-homes

Sources: since

COMPANY2026-09-08

About ICI Homes

ICI Homes
Mr. Hosseini founded ICI Homes in 1980.
value seen: founded ICI Homes in 1980
https://icihomes.com/why-ici-homes/about-ici-homes

Sources: summary

COMPANY2026-09-08

About ICI Homes

ICI Homes
Mori Hosseini is the Chairman and CEO of ICI Homes, one of Florida's largest residential homebuilder/developers. Born in Iran, he was educated in London, England, earning a degree in Aeronautical Engineering from Chelsea College of Aeronautical Engineering, then attended Embry-Riddle Aeronautical University, where he received both a Bachelor of Science in Aeronautical Studies and a Master of Business Administration.
value seen: founder, chairman and CEO; founded it in 1980; aeronautical engineering; MBA; university and corporate boards
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://icihomes.com/why-ici-homes/about-ici-homes

Sources: tags

COMPANY2026-09-08

About ICI Homes

ICI Homes
Mr. Hosseini founded ICI Homes in 1980. ... earning a degree in Aeronautical Engineering ... and a Master of Business Administration.
value seen: Chairman and CEO; founded ICI Homes in 1980; Aeronautical Engineering; Master of Business Administration
value paraphrased from this source
https://icihomes.com/why-ici-homes/about-ici-homes

Sources: title

COMPANY2026-09-08

About ICI Homes

ICI Homes
## Mori Hosseini, Chairman & CEO
value seen: Chairman & CEO
https://icihomes.com/why-ici-homes/about-ici-homes
FB
Forough B. Hosseini
Hosseini is identified as an owner of ICI Homes and its executive vice president of information systems, and is married to founder and CEO Mori Hosseini. She also founded and chairs FBH Community, a housing and community-focused nonprofit closely associated with the company’s charitable work.
Current title
Executive Vice President of Information Systems; owner/co-founder; Founder and Chair of FBH Community
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Founder and Chair — FBH Community
Known for
OwnerCo-founderExecutive Vice PresidentFBH Community founderFBH Community chair
I said ‘no child or youth in my community should be hungry or homeless.’ Only my community, just Volusia County, by 2020. Florida Politics May 3, 2018https://www.floridapolitics.com/archives/262775-forough-hosseini-local-efforts-can-lead-the-way-in-lifting-floridians-out-of-poverty/

Sources: other boards

PRESS2026-02-18

ICI to donate Easthampton land. Will Hosseini nonprofit receive it?

The Daytona Beach News-Journal
FBH Community, which was founded by Forough B. Hosseini ... Hosseini serves as the board chair for FBH
value seen: Founder and Chair — FBH Community
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.news-journalonline.com/story/news/local/flagler/2026/02/18/palm-coast-development-to-bring-attainable-housing/88713346007/

Sources: quote

PRESS2018-05-03

Forough Hosseini: Local efforts can lead the way in lifting Floridians out of poverty

Florida Politics
“I said ‘no child or youth in my community should be hungry or homeless.’ Only my community, just Volusia County, by 2020,” Hosseini recalled.
value seen: I said ‘no child or youth in my community should be hungry or homeless.’ Only my community, just Volusia County, by 2020.
https://www.floridapolitics.com/archives/262775-forough-hosseini-local-efforts-can-lead-the-way-in-lifting-floridians-out-of-poverty/

Sources: summary

PRESS2026-02-18

ICI to donate Easthampton land. Will Hosseini nonprofit receive it?

The Daytona Beach News-Journal
The nonprofit mentioned in the letter of intent was FBH Community, which was founded by Forough B. Hosseini, executive vice president of information systems for ICI Homes. Hosseini serves as the board chair for FBH ... Hosseini is married to ICI Homes CEO Mori Hosseini.
value seen: owner; executive vice president of information systems; married to founder and CEO; founded and chairs FBH Community
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.news-journalonline.com/story/news/local/flagler/2026/02/18/palm-coast-development-to-bring-attainable-housing/88713346007/

Sources: tags

COMPANY2025-02-28

ICI Homes’ 45th Anniversary

ICI Homes
ICI Homes owners, Chairman and CEO Mori Hosseini and his wife, Forough Hosseini, ICI’s Executive Vice President of Information Systems and Founder and Chair of FBH Community Organization, the company’s flagship charity, live in one of ICI’s distinctive communities.
value seen: owners; Executive Vice President of Information Systems; Founder and Chair of FBH Community Organization
held out of the figures · the quote does not carry this value
https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf

Sources: title

COMPANY2025-02-28

ICI Homes’ 45th Anniversary

ICI Homes
ICI Homes owners, Chairman and CEO Mori Hosseini and his wife, Forough Hosseini, ICI’s Executive Vice President of Information Systems and Founder and Chair of FBH Community Organization, the company’s flagship charity, live in one of ICI’s distinctive communities.
value seen: Executive Vice President of Information Systems; owner/co-founder; Founder and Chair of FBH Community
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf
TM
Tom McCall
McCall is ICI Homes’ CFO and COO. His stated remit covers financial reporting, budgeting, cash flow, information systems and financial controls; he came to ICI after 18 years with major public homebuilding companies and earlier work at a major national accounting firm.
Current title
Chief Financial Officer and Chief Operating Officer
Experience
18+ years with public homebuilders
Companies before
Major public homebuilding companiesMajor national accounting firm
Education
University of North Carolina, CharlotteB.S. in Accounting and Criminal Justice; minor in Psychology
Other boards
Treasurer — Halifax Health
Known for
CFOCOOCPAAccounting
We’re somewhat of a unicorn; most of the production builders are getting cheaper and more efficient, while most of the custom outfits are struggling in this high-cost environment. ICI Homes / published flipbook February 2025https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf
We made this niche. And not many people do it. ICI Homes / published flipbook February 2025https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf

Sources: education

OTHERdate not shown in source

Tom McCall | Halifax Health

Halifax Health
A licensed CPA, he holds a B.S. in accounting and criminal justice as well as a minor in psychology from the University of North Carolina, Charlotte.
value seen: University of North Carolina, Charlotte; B.S. in accounting and criminal justice; minor in psychology
held out of the figures · the quote does not carry this value
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall

Sources: other boards

OTHERdate not shown in source

Tom McCall | Halifax Health

Halifax Health
Treasurer
value seen: Treasurer
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall

Sources: previous companies

OTHERdate not shown in source

Tom McCall | Halifax Health

Halifax Health
Tom McCall ... came to ICI Homes after spending 18 years with major public homebuilding companies. Prior to entering the homebuilding industry, Tom worked for a major national accounting firm.
value seen: major public homebuilding companies; major national accounting firm
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall

Sources: quote

COMPANY2025-02-28

ICI Homes anniversary flipbook

ICI Homes
“We’re somewhat of a unicorn; most of the production builders are getting cheaper and more efficient, while most of the custom outfits are struggling in this high-cost environment,” shares Tom McCall, Chief Operational Officer.
value seen: We’re somewhat of a unicorn; most of the production builders are getting cheaper and more efficient, while most of the custom outfits are struggling in this high-cost environment.
https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf

Sources: quote

COMPANY2025-02-28

ICI Homes anniversary flipbook

ICI Homes
“We made this niche. And not many people do it,” he continues.
value seen: We made this niche. And not many people do it.
https://blog.icihomes.com/wp-content/uploads/2025/02/flipbook.pdf

Sources: summary

OTHERdate not shown in source

Tom McCall | Halifax Health

Halifax Health
Tom is responsible for the financial reporting, budgeting, cash flow, corporate information systems, and financial controls at ICI Homes. Prior to entering the homebuilding industry, Tom worked for a major national accounting firm.
value seen: CFO and COO; financial reporting, budgeting, cash flow, information systems and financial controls; 18 years with major public homebuilders; national accounting firm
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall

Sources: tags

OTHERdate not shown in source

Tom McCall | Halifax Health

Halifax Health
Tom McCall, ICI Homes Chief Financial Officer and Chief Operating Officer, came to ICI Homes after spending 18 years with major public homebuilding companies. ... A licensed CPA, he holds a B.S. in accounting and criminal justice as well as a minor in psychology from the University of North Carolina, Charlotte.
value seen: 18 years with major public homebuilding companies; licensed CPA; B.S. in accounting and criminal justice
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall

Sources: title

COMPANYdate not shown in source

Tom McCall | Halifax Health

Halifax Health
Tom McCall, ICI Homes Chief Financial Officer and Chief Operating Officer, came to ICI Homes after spending 18 years with major public homebuilding companies.
value seen: Chief Financial Officer and Chief Operating Officer
https://halifaxhealth.org/about/halifax-health-board-of-commissioners/tom-mccall
MB
Moji Babazadeh
Babazadeh is identified in a current professional profile as ICI Homes’ executive vice president. Independent biographical material describes more than 37 years in real estate and building, with a business-administration degree, an MBA, licensing in building and real estate, and long-standing Daytona Beach-area industry involvement.
Current title
Executive Vice President
Experience
37+ years real estate and building
Companies before
none sourced
Education
University of Central FloridaDegree in Business Administration
Nova UniversityM.B.A.
Other boards
none sourced
Known for
Executive Vice PresidentMBABuilding licenseReal-estate license

Sources: education

OTHERdate not shown in source

New Homes in New Smyrna Beach | Hammock Homes at Turnbull Crossings

Hammock Homes
His educational roots started with a Degree in Business Administration from the University of Central Florida and an M.B.A. from Nova University.
value seen: University of Central Florida; Degree in Business Administration; Nova University; M.B.A.
held out of the figures · the quote does not carry this value
https://www.hammockhomebuilders.com/about/index

Sources: summary

OTHERdate not shown in source

New Homes in New Smyrna Beach | Hammock Homes at Turnbull Crossings

Hammock Homes
Moji Babazadeh has had an outstanding career in real estate and building industry for over 37 years. His educational roots started with a Degree in Business Administration from the University of Central Florida and an M.B.A. from Nova University. Being raised in a family construction business, it was in his blood, so he obtained a building and real estate license to jump start his career.
value seen: Executive Vice President; over 37 years in real estate and building; degree in Business Administration; MBA; building and real-estate licenses
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.hammockhomebuilders.com/about/index

Sources: tags

OTHERdate not shown in source

New Homes in New Smyrna Beach | Hammock Homes at Turnbull Crossings

Hammock Homes
Moji Babazadeh has had an outstanding career in real estate and building industry for over 37 years. ... he obtained a building and real estate license to jump start his career.
value seen: Executive Vice President; over 37 years in real estate and building; M.B.A.; building and real estate license
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.hammockhomebuilders.com/about/index

Sources: title

SOCIAL2026-09-07

Moji Babazadeh

LinkedIn
# Moji Babazadeh Executive Vice President at ICI Homes
value seen: Executive Vice President
https://linkedin.com/in/mojibabazadeh
JS
James Stowers
Stowers leads development as ICI Homes’ chief development officer; his profile records the role from January 2020 after a short period as the company’s corporate development director. He is a land-use attorney whose prior work covered entitlements, permitting, zoning, real-estate transactions and development, including in-house work at Geosam Capital and legal practice at Cobb Cole and Wright, Casey & Stowers.
Current title
Chief Development Officer
since Jan 2020
Experience
no career length stated
Companies before
Geosam CapitalJames A. Stowers, PAWright, Casey & Stowers, P.L.Cobb Cole
Education
University of Florida — Fredric G. Levin College of LawJuris Doctor and Master of Arts in Urban and Regional Planning
College of the Holy CrossBA, History
Other boards
Former Zone 1 City Commissioner — City of Ormond BeachFormerly active in the Volusia County Association for Responsible Development and Halifax Area Civic League
Known for
Chief Development OfficerLand-use attorneyDevelopmentEntitlements and permittingFormer Ormond Beach commissioner

Sources: education

SOCIAL2026-10-05

James Stowers

LinkedIn
### Juris Doctor, Master of Arts in Urban and Regional Planning at University of Florida - Fredric G. Levin College of Law ... ### BA, History at College of the Holy Cross
value seen: University of Florida — Fredric G. Levin College of Law; Juris Doctor, Master of Arts in Urban and Regional Planning; College of the Holy Cross; BA, History
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/james-stowers-b058a2a

Sources: other boards

PRESS2020-02-02

Moving ahead

The Daytona Beach News-Journal
He is also a former Ormond Beach City Commissioner and is actively involved in the Volusia County Association for Responsible Development as well as the Halifax Area Civic League.
value seen: Zone 1 City Commissioner — City of Ormond Beach; Volusia County Association for Responsible Development; Halifax Area Civic League
held out of the figures · the quote does not carry this value
https://www.news-journalonline.com/story/special/2020/02/02/moving-ahead/1786561007/

Sources: previous companies

SOCIAL2026-10-05

James Stowers

LinkedIn
### General Counsel - Geosam Capital ... ### Attorney At Law - James A. Stowers, PA ... ### Partner - Wright, Casey & Stowers, P.L. ... ### Partner - Cobb Cole
value seen: Geosam Capital; James A. Stowers, PA; Wright, Casey & Stowers, P.L.; Cobb Cole
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/james-stowers-b058a2a

Sources: since

SOCIAL2026-10-05

James Stowers

LinkedIn
#### Chief Development Officer (Current) Jan 2020 - Present (6 years and 9 months) in Daytona Beach, Florida, United States
value seen: Jan 2020
https://www.linkedin.com/in/james-stowers-b058a2a

Sources: summary

SOCIAL2026-10-05

James Stowers

LinkedIn
I have been a land use attorney for over twelve years. My legal practice began in the land use department of the region’s largest law firm. After achieving Partner in that firm, I left to join Tom Wright and Brooks Casey to create the firm of Wright, Casey & Stowers, P.L. ... I transitioned to an in-house position at a large development company ... From pre-acquisition due diligence to the final lot closeout, I have been involved in virtually all aspects of the development process.
value seen: chief development officer; land-use attorney; Geosam Capital; Cobb Cole; Wright, Casey & Stowers; development process
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/james-stowers-b058a2a

Sources: tags

SOCIAL2026-10-05

James Stowers

LinkedIn
#### Chief Development Officer (Current) ... I have been a land use attorney for over twelve years. ... From pre-acquisition due diligence to the final lot closeout, I have been involved in virtually all aspects of the development process.
value seen: Chief Development Officer; land use attorney; development process; former Zone 1 City Commissioner; Juris Doctor
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/james-stowers-b058a2a

Sources: title

SOCIAL2026-10-05

James Stowers

LinkedIn
# James Stowers Chief Development Officer at ICI Homes
value seen: Chief Development Officer
https://www.linkedin.com/in/james-stowers-b058a2a
DS
Dick Smith
Smith is documented as ICI Homes’ vice president of development in local reporting and as the company representative on development and infrastructure matters. The available independent reporting places him in a senior development role, but provides little additional biographical information; accordingly, unsupported education, prior-company and board details are left blank.
Current title
Vice President of Development
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Vice President of Development

Sources: summary

PRESS2025-10-02

$1 million in sidewalk repairs coming soon to Daytona Beach's Mosaic neighborhood

The Daytona Beach News-Journal
according to a letter from Feacher to Dick Smith, ICI's vice president of development.
value seen: ICI's vice president of development; representative on development and infrastructure matters
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.news-journalonline.com/story/news/local/volusia/2025/10/02/daytona-sidewalks-to-get-help/86432391007/

Sources: tags

PRESS2025-10-02

$1 million in sidewalk repairs coming soon to Daytona Beach's Mosaic neighborhood

The Daytona Beach News-Journal
according to a letter from Feacher to Dick Smith, ICI's vice president of development.
value seen: Vice President of Development
https://www.news-journalonline.com/story/news/local/volusia/2025/10/02/daytona-sidewalks-to-get-help/86432391007/

Sources: title

PRESS2025-10-02

$1 million in sidewalk repairs coming soon to Daytona Beach's Mosaic neighborhood

The Daytona Beach News-Journal
Feacher approved reducing the other bond from $322,844 to $6,457 in July 2022 as well, according to a second July 2022 letter from Feacher to Smith. ... In February of this year, Holmes sent an email to Nika Hosseini, ICI Homes' director of corporate strategy. ... On Aug. 6, Smith sent an email to Holmes saying sidewalk repairs should only be undertaken where they're needed most.
value seen: Vice President of Development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.news-journalonline.com/story/news/local/volusia/2025/10/02/daytona-sidewalks-to-get-help/86432391007/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

3 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
TamayaJacksonville, United States
residential for sale————————Jan 2025 – Dec 2025—not scorablecompleted
Founders Club at Plantation BayOrmond Beach, United States
other—three-story40,500 sq ftUSD 30m
other
—2022FebruaryJun 2023 – Aug 2023Dec 2023+5.0 mo
(+4.0 to +6.0)
sourcedcompleted
Tamaya Residents ClubJacksonville, United States
other——10,000 sq ft——2015May 12, 2015Jan 2016 – Dec 2016Apr 2017+9.5 mo
(+4.0 to +15.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
COMPANY AWARD Winner September 18, 2025 (reported)
Grand Laurel Award
The developer reports receiving the Grand Laurel Award, described as the event’s highest recognition, as part of the 2025 Laurel Awards.
Northeast Florida Builders Association (Laurel Awards) · https://blog.icihomes.com/2025/09/18/ici-homes-at-the-2025-laurel-awards/
RANKING Ranked 2025 (list; page retrieved for this research)
2025 Builder 100
ICI Homes was ranked 88th among the 2025 Builder 100, which ranks U.S. homebuilders by closings.
PROJECT AWARD Winner February 8, 2023 (award event; reported February 10, 2023)
Master-Planned Community of the Year — The Nationals · Seven Pines
The developer reports that Seven Pines, a community in which ICI Homes is a builder and managing partner, won Master-Planned Community of the Year at The Nationals; the source also says the community received additional Gold and Silver awards.
RANKING Ranked May 7, 2024 (reported)
2024 Builder 100
ICI Homes was ranked 83rd on the 2024 Builder 100 list of leading U.S. homebuilders.
PROJECT AWARD Winner 2024 (award year)
Grand Award — 2024 Volusia Parade of Homes · Egret II at Plantation Bay
ICI Homes received the Grand Award for Egret II at Plantation Bay in the $1.51 million–$1.6 million category.
PROJECT AWARD Winner April 17, 2025 (reported)
Grand Award — 2025 Flagler Parade of Homes · Vista Costera at Veranda Bay
The developer reports that Vista Costera at Veranda Bay received a Grand Award; the same report separately identifies its Realtor’s Choice result as second place, not a win.

Risks

Risk flags

7 found
SAFETY / LABOUR Falls reported in the first six months of 2025; reported September 24, 2025
Residents of ICI Homes’ Mosaic neighborhood reported that improperly draining, algae-covered sidewalks caused more than 40 falls in the first six months of 2025, including serious injuries; the city and ICI Homes agreed that extensive sidewalk and driveway reconstruction was needed, with responsibility and funding still being worked out as of the September 24, 2025 report.
DELIVERY DELAY Complaint filed July 11, 2024; updates through September 4, 2024
A buyer alleged that ICI Homes delivered a home on August 29, 2022 with incomplete window screens and sliding-door components and, by July 11, 2024, had left the punch-list work unfinished for almost two years; ICI Homes said parts were being fabricated and later reported that some screens had been installed, while the buyer continued to dispute completion.
LEGAL Filed November 12, 2021; dismissed with prejudice December 19, 2022
A homeowner filed a construction-defect lawsuit against ICI Homes/Intervest Construction on November 12, 2021; the court ordered the case to arbitration on January 20, 2022, and the plaintiff voluntarily dismissed it with prejudice on December 19, 2022, so the docket does not establish that the allegations were proven.
DELIVERY DELAY Complaint October 19, 2023; reported completed May 21, 2024
A buyer alleged that an ICI Homes-built property’s pool remained materially incomplete about ten months after closing, with an expired permit and unresolved equipment and construction problems; the buyer later reported that the work was completed by May 21, 2024, making this a resolved historical delay rather than a current completion claim.
RISK Renewed issue reported October-November 2024; complaint and response May 2-9, 2025
A BBB complainant reported recurring water intrusion and renewed cracking around a lanai beam after ICI Homes had repaired the structural beams in June 2020; ICI Homes stated in May 2025 that the structural warranty had expired and that no further warranty action was warranted, while the complainant disputed that resolution.
DELIVERY DELAY December 8, 2020; September 22, 2021
ICI Homes’ Bay Drive extension in Plantation Bay, required by the development agreement by January 21, 2021, had already received repeated extensions from its original late-2009 deadline; in December 2020 the county reported that it was still unfinished, the developer could not provide a timeline, and the access route remained an unpaved construction path, although a September 2021 report said construction was underway.
PROJECT CANCELLED November 4, 2017
ICI Villages’ large West Jacksonville/Northeast Florida development was never built under the ICI Villages entity and the 11,366-acre property was sold in October 2017 to 301 Capital Partners, which announced plans to redesign and restart the project; this documents abandonment of the original project configuration, not a finding that the successor project was cancelled.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.