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Toll Brothers Announces New Quilici Master-Planned Community Now Open for Sale in Reno, Nevada
Globenewswire· 2025-09-10 19:50
RENO, Nev., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced that the first new home collections are now open for sale at its highly anticipated Quilici master-planned community in Reno, Nevada. The Quilici - Palovista Collection and Quilici - Treeside Collection offer luxury one- and two-story single-family homes with stunning architecture and exceptional personalization options, as well as future onsite amenities. Home shopper ...
Toll Brothers Announces Groundbreaking of New Luxury Home Community Coming Soon to Parkland, Florida
Globenewswire· 2025-09-10 17:03
Core Insights - Toll Brothers, Inc. has announced the groundbreaking of its new luxury home community, Saltgrass at Heron Bay, in Parkland, Florida, with sales expected to begin in spring 2026 [1][2] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states, including Florida [5] - The company was founded in 1967 and became publicly traded in 1986, listed on the New York Stock Exchange under the symbol "TOL" [5] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and receiving the Builder of the Year award from Builder magazine [6] Project Details - Saltgrass at Heron Bay will consist of 52 single-family homes, with sizes ranging from 2,635 to over 4,600 square feet, and prices starting from $1.6 million [2] - The community will feature luxurious homes, expansive home sites, and resort-style amenities, including clubhouses, fitness centers, and a swimming pool [3] - Residents will have access to public beach areas, dining, shopping, and highly rated schools in the Broward County Public Schools district [3]
Century Communities to Host Grand Opening at Golf Course Adjacent Community in Colorado
Prnewswire· 2025-09-10 15:17
Core Insights - Century Communities, Inc. is set to open Coyote Creek in Fort Lupton, Colorado, offering affordable single-family homes adjacent to an 18-hole golf course [1][3] - The Grand Opening celebration is scheduled for September 13, featuring a model home tour and prize giveaways [2][4] - The community will feature various floor plans, including two-story homes with up to 4 bedrooms and 2,095 square feet [6][7] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies for three consecutive years [6][7] - The company operates in 16 states and over 45 markets, providing a range of services including mortgage, title, and insurance brokerage [7] - The mission of Century Communities is to build high-quality homes at affordable prices, appealing to a diverse range of homebuyers [7]
Operation Homefront Selects Two Military Families to Receive Mortgage-Free Meritage Homes in Colorado and North Carolina
Globenewswire· 2025-09-10 13:00
Group 1 - Meritage Homes and Operation Homefront are providing two mortgage-free homes to military veterans and their families, with handover ceremonies scheduled for November in honor of Veterans Day [1][2] - Specialist Timothy Hunter and his family will receive a 2,300+ square-foot home in Angier, NC, while Aviation Apprentice David Green III and his family will receive a 2,000 square-foot home in Colorado Springs, CO [2][3] - The homes are part of Operation Homefront's Permanent Homes for Veterans program, which supports veterans in achieving homeownership and financial success [4] Group 2 - Meritage Homes is the fifth-largest public homebuilder in the U.S., focusing on energy-efficient and affordable homes across multiple states [6] - The company has delivered over 200,000 homes in its 40-year history and is recognized for its quality construction and customer experience [7] - Operation Homefront is a nonprofit organization dedicated to supporting military and veteran families, with 83% of its expenditures going directly to programs that assist these families [9]
James Hardie Building Products Inc. and Green Brick Partners Sign Exclusive Three-Year Agreement
Prnewswire· 2025-09-10 13:00
Core Insights - James Hardie Building Products Inc. has renewed its exclusive partnership with Green Brick Partners, Inc. through 2028, ensuring that Hardiesiding and trim products will be the sole choice for new developments by Green Brick Partners [1][2][4] Company Overview - James Hardie is a subsidiary of James Hardie Industries plc and is recognized as the North American leader in fiber cement home siding and exterior design solutions [1][6] - Green Brick Partners is a prominent land development and homebuilding company operating in Texas, Georgia, and Florida, known for its strategic approach to homebuilding [2][8] Agreement Details - The new three-year agreement solidifies the collaboration between James Hardie and Green Brick Partners, emphasizing their shared commitment to quality and innovation in homebuilding [2][4] - This agreement ensures that all homes built by Green Brick will feature Hardiesiding and trim products, which are known for their durability and aesthetic appeal [4][3] Product Performance - Hardiesiding and trim products are recognized for their exceptional performance in various environmental conditions, being noncombustible and resistant to moisture and pests [3][5] - The products are engineered to withstand extreme weather while offering a wide range of colors and styles, reinforcing James Hardie's position as the 1 brand of siding in North America [3][6] Strategic Importance - The partnership highlights the importance of quality and innovation in the homebuilding industry, with both companies focusing on creating distinctive housing developments [4][2] - The collaboration is expected to enhance the overall quality of homes built by Green Brick Partners, aligning with their commitment to high-quality residential communities [3][4]
K. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering
Globenewswire· 2025-09-10 11:55
Core Viewpoint - Hovnanian Enterprises, Inc. plans to offer $450 million in Senior Notes due 2031 and $450 million in Senior Notes due 2033 to fund the redemption of existing secured notes and repay loans [1] Group 1: Offering Details - The total amount of Senior Notes being offered is $900 million, split equally between two maturities: 2031 and 2033 [1] - The Notes will be guaranteed by Hovnanian Enterprises and its subsidiaries [1] - The proceeds will be used to redeem existing secured notes, including 8.0% Senior Secured 1.125 Lien Notes due 2028 at 104% of principal and 11.75% Senior Secured 1.25 Lien Notes due 2029 at 100% of principal plus applicable premiums [1] Group 2: Use of Proceeds - The net proceeds will also be used to repay all outstanding loans under the Senior Secured 1.75 Lien Term Loan Facility due 2028 at par [1] - Additional funds will cover fees and expenses related to the offering of the Notes [1] Group 3: Company Background - Hovnanian Enterprises, Inc. is one of the largest homebuilders in the U.S., operating in multiple states including Arizona, California, and Florida [3] - The company markets its homes under the trade name K. Hovnanian Homes and is a significant builder of active lifestyle communities [3]
KB Home: Harvesting Vs Reinvesting Cash At Tighter Returns (NYSE:KBH)
Seeking Alpha· 2025-09-10 08:44
Core Insights - KB Home is a significant player in the US homebuilding market, focusing on first-time and move-up buyers, as well as active adults [1] Company Overview - KB Home designs and constructs various types of residential properties, including single-family homes, townhomes, and attached/detached units [1] Market Focus - The company targets two primary demand pools: first-time buyers and those looking to move up, along with active adult demographics [1]
Is Lennar Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-09-10 08:30
With a market cap of $36.9 billion, Lennar Corporation (LEN) is the second-largest homebuilder in the United States. The Miami, Florida-based company's operations span homebuilding, financial services, and multifamily development, supported by tech-driven initiatives. Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Lennar fits this criterion perfectly. Its strengths lie in its scale, diversified homebuyer base, operational efficiency, and tech-driven innovation. ...
X @Bloomberg
Bloomberg· 2025-09-10 07:05
Home Sales & Demand - Vistry Group 报告房屋销售持续疲软 [1] - 宏观经济不确定性将继续给下半年需求带来压力 [1]
How Is D.R. Horton’s Stock Performance Compared to Other Homebuilders?
Yahoo Finance· 2025-09-09 12:34
Core Insights - D.R. Horton, Inc. (DHI) is a leading homebuilding company with a market capitalization of $54.9 billion, headquartered in Arlington, Texas, focusing on land acquisition, development, and residential home construction across various buyer segments [1][2]. Company Performance - D.R. Horton is classified as a large-cap stock, benefiting from economies of scale that enhance cost efficiency and competitive pricing within the residential construction industry [2]. - The company's shares have experienced a 7.9% decline from their 52-week high of $199.85, reached on September 19, 2024, but have increased by 52.4% over the past three months, significantly outperforming the SPDR S&P Homebuilders ETF (XHB), which returned 8.8% in the same period [3]. - Over the past 52 weeks, DHI shares have decreased by 1.1%, underperforming XHB's 18.9% increase, while year-to-date (YTD), DHI shares are up 31.6%, contrasting with XHB's 5.4% loss [4]. - On September 5, D.R. Horton shares rose over 2%, driven by a decline in the 10-year Treasury yield, which lowered mortgage rates and improved sentiment in the housing sector [5]. Competitive Position - D.R. Horton has outperformed its competitor, KB Home (KBH), which has seen a 14.5% decline over the past 52 weeks and a YTD return of 3.2% [5]. - The stock has a consensus rating of "Moderate Buy" from 20 analysts, trading above its mean price target of $164.33 [5].