The New Home Company Makes C-Suite Shifts
Joseph Davis, Chief Investment Officer of The New Home Company, resigned his post effective June 26, 2015. Mr. Davis, a long-time veteran of The Irvine Company prior to New Home, had served in the role since 2010. Wayne Stelmar, currently the company’s CFO, will step into the CIO role. John Stephens, most recently the CFO for MDC Holdings (parent company of Richmond American Homes), will fill the CFO slot vacated by Mr. Stelmar.
About author
You might also like
Developers Build on Home Rental Success With Whole Communities
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took
KB Delivers Q1 Earnings Beat
In another indication of the strengthening new home market, KB reported Q1 earnings above consensus estimates. Analysts had predicted profit of $0.02 per share, which was lower than the $0.08