NB|AZ helps locally owned homebuilder continue to thrive
Locally owned Camelot Homes has always occupied a unique niche in residential real estate and three generations of one family ensure that the company continues to stand out. In 1969, founders Maggie and J.W. Hancock “set Camelot Homes apart by letting buyers adapt floor plans and features to their needs,” said the couple’s son, Mark Hancock. He and wife Julie have been managing directors for the Scottsdale-based company since 1980. Their daughter, Cammie Beckert, also is a managing director.
With Camelot Homes, high-end home buyers can enjoy many of the advantages of a custom home without the headaches of hiring an architect themselves, Mark added. “They can add or change many features to make a particular plan truly theirs. We were one of the very first homebuilders to let buyers do that.”
As one of the few locally based homebuilders to survive for nearly five decades, Camelot Homes has built thousands of homes across the Valley. Many of them are located in master-planned communities such as McCormick Ranch in Scottsdale, Ocotillo in Chandler, Mountain Park Ranch in Ahwatukee, Arrowhead Ranch in Glendale and DC Ranch in Scottsdale. “The homes we’ve built—including those from the ‘60s and ‘70s—all have quality and character that have stood the test of time,” Julie said.
As local builders, it’s important to the Hancocks to do business with other local organizations, including their bank. Since 2009, they’ve banked with National Bank of Arizona. After the recession, the Hancocks wanted to find a local bank that understood the challenges of their business. “NB|AZ and our banker, Robert Cooper, have been very welcoming,” Julie said. “Very shortly after we met, the bank was willing to finance the purchase of a land parcel in Scottsdale that another bank had said no to. NB|AZ knew that land had value and knew we would do a good job building on it, based on our track record. We really appreciate and respect that confidence in us.”
Story by Debra Gelbart | Photography by Mark Lipczynski