A Hamilton-area modular-home builder faces a court-ordered receivership process with creditors seeking repayment of more than $17-million, but still believes the future is bright for prefabricated homes.

“Were there barriers in the market? Absolutely; this is an up and coming industry, we’re going to see a lot of people coming into the market being unsuccessful. If 100 are coming maybe 95 won’t be successful for many reasons, good or bad,” said Ali Kerem Ozden, owner and president of BECC Construction Inc., who hopes his company can be restructured through the receivership process.