Company Background

Why Randy Wallace

The reason why homeowners come to Randy Wallace for their first vacation or retirement home is because he cares. Randy takes the time to get to know you. To understand your wants and needs. And then he works hard so you can find the home you've always wanted.

Randy Wallace, CANA Corporation's President, Randy Wallace, has been active in the greater Myrtle Beach real estate market and the community since moving here permanently in 1977. A native of Marion, South Carolina and a graduate of Wake Forest University, Wallace worked at the beach for many summers before starting his career with a small development firm. He organized his own firm, Litus Corporation, in 1979 at the age of 24. The company developed a number of oceanfront, golf course, and residential properties during the 1980's, with offices in Brunswick County, North Carolina, Myrtle Beach, Charleston, and St. Simons Island, Georgia. After selling all of his holdings in the late 1980's due to the 1986 tax reform ("A great learning experience", says Wallace), Wallace sold the Litus name and created CANA Corporation in 1988. Initially providing consulting and marketing services for a few local developers, Wallace partnered with a few builders/developers in the early 1990's to acquire multi-family properties for rental or conversions. In 1993 the group began acquiring land for single-family development, which over the years became the sprawling 900-acre Hunters Ridge Plantation success story. In the 2000's and beyond Wallace continues to expand CANA's reach by partnering with and/or representing other local developers to produce single-family neighborhoods throughout Horry County.

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