JFB Construction Holdings Announces Commencement of Vertical Construction at The Preserve at Port Salerno, Fla.
Rhea-AI Summary
JFB Construction Holdings (Nasdaq: JFB) has commenced vertical construction at The Preserve at Port Salerno, a 79-unit luxury townhome development in Port Salerno, Florida. The company said it was awarded a $21 million general contractor contract for the project
Positive
- $21 million awarded general contractor contract (largest in company history)
- Expected $12 million revenue contribution in 2026 from the project
- Vertical construction has commenced, indicating active project execution
- Management reports the project is on time and on budget
Negative
- None.
News Market Reaction
On the day this news was published, JFB gained 4.30%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.1% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $167M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
JFB was up 4.77% while key peers showed mixed strength: AXR +7.57%, LPA +5.56%, AEI +3.18%, MRNO +1.32%, and OZ flat, with no momentum-screener confirmation of a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 06 | Revenue outlook update | Positive | +8.3% | Raised 2025 revenue expectations and highlighted multiple large project wins. |
| Dec 23 | Quarter revenue outlook | Positive | +8.9% | Forecast 119% Q4 2025 revenue growth plus major contracts and financing. |
| Dec 10 | CFO share purchase | Positive | -15.7% | CFO bought shares on open market to signal confidence in outlook. |
| Dec 09 | CEO share purchase | Positive | +12.9% | CEO open-market purchase reflecting confidence in strategy and value creation. |
| Dec 08 | Business update | Positive | +11.3% | Year-end update projecting Q4 revenue growth and detailing new contracts. |
Recent fundamentally positive announcements have often seen positive price reactions, with one notable divergence on a CFO open-market purchase.
Over the last month, JFB has emphasized growth and capital access. On Dec 8–23, 2025, it highlighted expected Q4 2025 revenue growth, a $18.9 million DeSoto County high school phase, and a $44 million private placement, generally followed by double-digit gains. Insider stock purchases by the CEO and CFO in early December drew mixed reactions. The current update on vertical construction and 2026 revenue from The Preserve extends this pipeline execution narrative.
Market Pulse Summary
This announcement confirms that JFB has moved into vertical construction on a 79-unit townhome project and expects about $12 million in 2026 revenues from this contract. It builds on earlier disclosures of larger multi-phase projects and revenue growth expectations. Investors may track construction timelines, additional multi-family awards, and how these projects contribute to overall revenue mix and profitability versus prior guidance and filings.
AI-generated analysis. Not financial advice.
Anticipated Revenues of
Lantana, Fla., Jan. 12, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, 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, Fla.
“In April 2025, we announced that we were awarded a
“As the population continues to increase in South Florida, larger multi-family residential developments such as condominiums, townhouses, and rental units will be a major source of revenue as we continue to grow our residential construction segment. We are on time and budget, and we believe projects such as The Preserve will lead to increased opportunities to manage larger construction projects and further establish the JFB brand,” concluded Mr. Basile.
The Preserve at Port Salerno is a new luxury townhome project of upscale two-story rental townhomes ranging from 1600 to 1700 square feet, located within quiet Port Salerno / Stuart, Florida. The community offers luxurious yet earth-friendly amenities and is located within minutes of the Intracoastal Highway, Atlantic Ocean, and Stuart Airport, providing effortless access to the South Florida urban-coastal lifestyle.
About JFB Construction Holdings
JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building Multifamily communities, Shopping Centers, National Franchises, exclusive estate & equestrian homes, and over 2 million square feet of commercial and retail. JFB provides hands-on, professional expertise, which has led to the quality and production we are known for.
JFB’s reputation has been built on its clients' trust and the value it brings to each project.
JFB is proud that most of its projects are obtained through
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements”. You can identify forward-looking statements as those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. The reader is cautioned not to rely on these forward-looking statements. Actual results could vary materially from the expectations and projections of JFB Construction. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including statements regarding the use of proceeds from the sale of our shares in the Offering; and the uncertainty regarding future commercial success. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us, including those described in JFB Construction’s prospectus filed with the SEC. We do not undertake to update any forward-looking statement as a result of new information or future events or developments, except as required by U.S. federal securities laws.
JFB Construction Holdings Contact:
Joseph F. Basile, III
561-582-9840.
joe@jfbconstruction.net
Investor Relations Contact:
CORE IR
Mike Mason
516 222 2560
investors@jfbconstruction.net
FAQ
What is the size and scope of JFB's contract for The Preserve at Port Salerno (JFB)?
How much revenue does JFB (Nasdaq: JFB) expect from The Preserve at Port Salerno in 2026?
What stage is construction at The Preserve at Port Salerno (JFB) currently in?
What amenities and unit sizes are included at The Preserve at Port Salerno developed by JFB (JFB)?
Does JFB say the Port Salerno project is meeting schedule and budget expectations (JFB)?
