JFB Construction Commences $21 Million Residential Development at Port Salerno
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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JFB Construction Holdings announces that it is commencing vertical construction at The Preserve at Port Salerno, a 79-unit townhome development with community clubhouse, pool amenities and a designated preserve area in Port Salerno, Florida. "In April 2025, we announced that we were awarded a $21 million contract to act as the general contractor for The Preserve at Port Salerno, the largest single multi-family development construction contract in our company's history," said CEO Joe Basile, III. "We have now begun vertical construction at The Preserve, and we anticipate revenues of approximately $12 million in 2026 from this project alone."
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About JFB
JFB Construction Holdings is a commercial and residential real estate construction and development company. It provides services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes. Its segments include Commercial Construction, Residential Construction and Real Estate Development. Its Commercial Construction segment includes all activities related to the construction of commercial properties such as office buildings, retail spaces, and industrial facilities. Its Residential Construction segment is focused on the construction of residential properties, including single-family homes and multifamily units. Within this segment, it provides custom-designed homes and remodels. Its Real Estate Development segment includes the acquisition, development, and sale of real estate properties. Its Real Estate Development segment is concentrated in South Florida, and in other Southern and United States markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
