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IN MEMORIUM
Honoring the Legacy of Lexington Founder Ronald Benach
Lexington Homes grieves the loss of beloved founder Ronald Benach, who passed away on May 6, 2023 at the age of 90. We all miss him dearly. His heart and passion for the industry are the foundation of Lexington Homes—he was a visionary. He would say that land spoke to him. We are built on his dream and hard work, and he lives on in the legacy he created as a trailblazer in Chicago real estate.
Born in Cleveland, Ohio on December 23, 1932, Ron attended Ohio State University where he met his future wife, Carol, before joining the Army. Carol and Ron established a beautiful life together—they loved and cherished their family, traveled the world together, collected art, and Ron collected and restored antique cars. He was known for his sense of humor, warmth, loyalty, and his huge heart and even bigger laugh.
He launched his impressive six-decade trailblazing career in 1962 in Chicagoland when he bought property in Hanover Park and founded 3-H Building Corp with his friend, Stewart Grill. When Ron sold the company in 1972 they had completed more than 6,000 homes throughout the NW Suburbs. But Benach was far from done.
In 1973, he started his second venture—Lexington Homes! Over the next 20 years Lexington grew to become the largest volume home builder throughout Chicagoland, building, selling, and delivering over 1,000 homes per year, producing more than $240 million in annual sales. Lexington built over 15,000 homes just in Schaumburg alone during this time. It was also during this time when Lexington branched out into South Florida, starting a division that built over 3,000 homes in cities like West Palm Beach, Boca Raton and Delray Beach.
In 1988, Lexington was sold to Westinghouse Credit Corp, with Ron and his executive team staying on to run the company until their departure 1992, when they exited, to later establish Concord Homes. In the first year, Concord closed 20 homes, but soon after was delivering over 1,000 homes per year throughout the City and Suburbs. In 2002, Ron sold Concord Homes to Lennar.
In 2006, Benach launched the second iteration of Lexington Homes, along with his son Jeff and partner Wayne Moretti. Today, Lexington is the largest private homebuilder developing in both the City of Chicago and the Suburbs—and we continue and carry Ron’s legacy to deliver dream homes to families throughout Chicagoland!
We will continue to remember him, serve his kindness into the world, and create beautiful homes that fulfill the dreams of families throughout the Chicago area. We honor his memory, and we are so proud to be built from his heart.