California Firm Buys 54 Homes from Billings Housing Authority

Pictured here is 405 West Wicks Lane in the Billings Heights, which is one of the 54 properties recently purchased by Wedgewood Homes, a California-based real estate group. This two-story home will be completely remodeled by local construction company, W Thomas Construction of Lockwood, owned by Wade Thomas. (Michael Marino photo)

by Michael J. Marino

Wedgewood Homes, a real estate group based in Redondo Beach, California, recently bought 54 homes from HomeFront – formerly the Billings Housing Authority – in a single $13 million transaction. These include 51 single-family residences and three duplexes in various Billings neighborhoods, according to a press release from Sept. 2022. 

“Of the 54 homes purchased,” wrote Wedgewood Publicist, Alicia Mistry, “20 homes were immediately put on the market as-is to provide purchase opportunities for buyers battling supply shortages.” Mistry said another 20 will be repaired and then sold. The release indicated Wedgewood would hire local contractors to perform the remodeling work. 

Wade Thomas, owner of W Thomas Construction in Lockwood, has completed the needed work for at least one of the properties, and said he is currently working on fully remodeling 405 West Wicks Lane (see photo). 

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