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LGI Homes Expands Presence Near Buffalo with New Minneapolis-Area Community
Globenewswire· 2025-05-09 23:45
Core Insights - LGI Homes, Inc. has opened a new community named Northridge in Montrose, Minnesota, aimed at providing affordable, high-quality homes for buyers [1][3] - The community will feature 27 single-family homes designed for comfort and style, continuing LGI's successful homebuilding efforts in the region [2][5] - Homes in Northridge are priced starting in the mid-$300s, making them accessible for families seeking modern living without high costs [6] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [7] - The company has been recognized for its quality construction and customer service, earning a spot on Newsweek's list of the World's Most Trustworthy Companies [7] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2024 Award, reflecting its commitment to employee satisfaction [7] Community Features - Northridge is strategically located 1.5 miles off US-12W, providing easy access to major employers, schools, and recreational areas in Buffalo and the Twin Cities metro [3] - The community includes amenities such as Northridge Park, which features walking trails, open green spaces, a playground, and an ice rink [3][4] - Homebuyers will benefit from the proximity to over 20 parks within a 10-mile radius, as well as various shopping and dining options in nearby Buffalo [4] Home Specifications - The homes at Northridge will include built-in designer upgrades as part of LGI's CompleteHome™ suite, featuring spacious entertaining areas and private owner suites [5] - Buyers can choose from four unique floor plans ranging from 1,157 to 2,317 square feet, with options for three to four bedrooms and two to two-and-a-half bathrooms [5] - Each home will come with attached two- to three-car garages, enhancing convenience for families [5]
LGI Homes(LGIH) - 2025 Q1 - Earnings Call Presentation
2025-05-09 19:21
In addition to the financial statements presented in accordance with U.S. generally accepted accounting principles ("GAAP"), LGI Homes uses certain non-GAAP financial measures, including Adjusted Gross Margin. Adjusted Gross Margin is a non-GAAP financial measure used by management as a supplemental measure in evaluating LGI Homes' operating performance. LGI Homes defines Adjusted Gross Margin as Gross Margin less Capitalized Interest and adjustments resulting from the application of purchase accounting inc ...
LGI Homes Continues Growth in Tampa, Florida with Expansion in Spring Hill
Globenewswire· 2025-05-08 22:00
Core Insights - LGI Homes, Inc. is expanding its presence in the Tampa, Florida area by introducing new scattered lot homesites in Spring Hill, enhancing its footprint in the Nature Coast region [1][2] - The new homesites aim to meet the increasing demand for flexible, private, and move-in ready homes in established neighborhoods, thereby diversifying LGI's offerings [2][4] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [6] Product Offering - The new homes in Spring Hill range from 1,032 to 1,981 square feet, featuring two to four bedrooms and up to three bathrooms, all equipped with LGI's CompleteHome™ package [3][4] - Homes start in the $290,000s, providing affordability while maintaining a high standard of living [5] Market Position - Spring Hill's location along the Nature Coast is appealing to families, retirees, and outdoor enthusiasts, making it a strategic area for LGI Homes to target [4] - The company emphasizes a streamlined homebuying experience and unmatched value in both scattered lot homes and its existing community, Royal Highlands [4]
Toll Brothers Opens Woodland Estates Community in Leander, Texas
Globenewswire· 2025-05-08 17:29
Core Insights - Toll Brothers, Inc. has launched a new luxury community named Toll Brothers at Woodland Estates in Leander, Texas, featuring single-family homes on one-acre lots [1][2][4] - The community offers a variety of modern home designs with 4 to 5 bedrooms and up to 4-car garages, with prices starting from the upper $900,000s [4][5] - The location provides access to outdoor recreation, shopping, and dining, while being part of the highly rated Leander Independent School District [5] Company Overview - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986 [7][8] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [7] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and having its CEO recognized as one of the Top CEOs by Barron's magazine [8]
Toll Brothers Announces New Luxury Home Community, Coldwater Ridge of Northville, is Coming Soon to Northville, Michigan
Globenewswire· 2025-05-08 16:51
NORTHVILLE, Mich., May 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced its newest community, Coldwater Ridge of Northville, is opening soon in Northville, Michigan. This new community will feature beautifully crafted condos in an intimate, wooded setting that offers both tranquility and convenience. Coldwater Ridge of Northville will be located at 5 Mile & Ridge Roads in Northville. Site work is underway, and the community is expected to o ...
Century Communities: Despite Some Pain, This Value Play Works
Seeking Alpha· 2025-05-07 21:40
2025 is shaping up to be a difficult year for shareholders of homebuilder Century Communities, Inc. (NYSE: CCS ). I say this because, year to date, the stock is down 27.7%. And since I last reaffirmedCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and l ...
New Toll Brothers Copperhaven Model Home Opens in West Jordan, Utah
Globenewswire· 2025-05-07 20:01
Exclusive community offers single-family homes with access to a robust selection of amenities in sought-after West Jordan Move-in ready and quick move-in homes with Designer Appointed Features are also available in the community. Quick move-in homes by Toll Brothers are already under construction, providing home shoppers with the opportunity to step inside their home and experience the floorplan, home site, and views first-hand. Customers also enjoy the luxury of having a home professionally designed from t ...
Century Communities Announces Four Upcoming Northern California Communities
Prnewswire· 2025-05-07 14:21
Join the community interest list at www.CenturyCommunities.com/NewportPointe Newport Pointe | Discovery Bay Lotus at Lakeshore | Mountain House Join the community interest list at www.CenturyCommunities.com/LotusLakeshore Malana at Lakeview | Mountain House Each community offers a versatile selection of single-family floor plans—showcasing modern, open-concept layouts with desirable included features, such as the builder's Century Home Connect® smart home package. Join the community interest list at www.Cen ...
LGI Homes is Now Selling at Creekside Estates Near Dallas
Globenewswire· 2025-05-07 12:00
Core Insights - LGI Homes, Inc. has commenced sales in Creekside Estates, a new community in Terrell, Texas, featuring 141 lots designed for homebuyers seeking a blend of small-town living and proximity to Dallas [1][5] Company Overview - LGI Homes is recognized as a pioneer in the homebuilding industry, operating in 36 markets across 21 states and has closed over 75,000 homes since its inception in 2003 [9] - The company has consistently delivered profitable financial results and has been acknowledged for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [9] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2024 Award, reflecting its commitment to employee satisfaction [9] Community Features - Creekside Estates offers amenities such as a children's playground, swimming pool, and a new park with additional playgrounds and walking trails scheduled for completion in 2026 [2] - The community is connected to Arlie E White Memorial Park, which includes various recreational facilities, enhancing the lifestyle options for residents [2] Home Offerings - The homes in Creekside Estates are designed for growing families, featuring 3, 4, and 5-bedroom floor plans with modern finishes and energy-efficient features [3] - Each home includes LGI Homes' CompleteHome™ package, which features energy-efficient appliances, granite countertops, and luxury vinyl plank flooring at affordable prices [3] Educational Opportunities - Creekside Estates is zoned to the highly rated Terrell Independent School District, which includes the innovative ExCEL Center for advanced learning and an on-site elementary school for convenient access [4] Pricing Information - Home prices in Creekside Estates start from $308,900 for a 3-bedroom, 2-bathroom home and go up to $373,900 for a 5-bedroom, 2.5-bathroom home [12]
Hovnanian Enterprises Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call
Globenewswire· 2025-05-06 18:00
Core Points - Hovnanian Enterprises, Inc. will release its financial results for the second quarter ended April 30, 2025, on May 20, 2025 [1] - The earnings conference call will be webcast live at 11:00 a.m. (ET) on the same day [1] - An archive of the webcast will be available for 12 months on the company's Investor Relations page [2] Company Overview - Hovnanian Enterprises, Inc. is one of the largest homebuilders in the United States, founded in 1959 and headquartered in Matawan, New Jersey [3] - The company operates in multiple states including Arizona, California, Florida, and Texas, and markets homes under the K. Hovnanian Homes brand [3] - It is also a significant builder of active lifestyle communities through its subsidiaries [3] Investor Relations - Additional information can be accessed through the Investor Relations section of the company's website [4] - Interested parties can join Hovnanian's investor email list by contacting the company via email or signing up on their website [4]