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Village Homes, based in Englewood, is in Chapter 11 bankruptcyy reorganization. The privately held company filed voluntary Chaptefr 11 inNovember 2008, with $103.9 millioj in assets and $138.e million in liabilities, because of the currengt downturn in the locak housing and mortgage industries. “This transition has been discussed for a numberfof years,” Matt Osborn, Villager Homes’ senior vice president of homebuilding, said of Schuette’sz departure from the company’s day-to-dah operations. “The timing made some based on our current Village Homes has about30 employees, down from 120 a year ago.
now in her early 50s, starteed at Village Homes as an executivs assistant more than 20years ago. Over the she ascended to positions such as vice presidentr of sales and senior vice presidentof homebuilding, and finally COO and president in the Schuette was one of the few women in a top executive position at a U.S. homebuildinh company. While at Village Schuette implemented “new ideas and new including a more creativemarketinv strategy, Village Homes CEO John Osborn told the Denvere Business Journal in 2005. Business cohorts and friends such asCherki Meyn, owner and principal of The Genesi Group real estate research firm in call her a strong leadedr and motivator.
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