Ex-Laing executive launches home building company

Ron Covington, the former Colorado Springs division president of California-based John Laing Homes, has launched his own Springs homebuilding company: Ron Covington Homes. Covington is partnering with developer LandCo Equity Partners in the creation of the company, which will build in four Springs-area neighborhoods. Covington launched Estate Homes in 1998, which was later acquired and became the Colorado Springs division of John Laing Homes. “We have worked with some of the same contractors and partners for close to 20 years and we are excited to continue these relationships,” Covington said. Eric Ashcroft, whose father started Ashcroft Homes, will serve as vice president of the company.