A Look into Trumark Communities
With the recent announcement of the formation of Trumark Communities, Trumark’s masterplanned community development arm, the COO for the operation, Peter Kiesecker, provides insight into the subsidiary’s business and trends in the masterplanned community. A couple of key takeaways – flight to quality (A and B locations) in terms of masterplan market activity and a view among some builders that the market is past the halfway mark in the recovery.
About author
You might also like
MDC Logs 4Q Earnings Miss
MDC Holdings, which builds under the brand name Richmond American Homes, reported 4Q 2014 earnings of $14.6M or 41 cents per share (adjusted up from 30 cents per share to
Housing Industry Poised For More Growth In 2017
IRVINE, CA—A number of factors pull in this sector’s direction, such as jobs, household formations and a lack of supply supported by the demographics of Millennials and Baby Boomers, TRI
Deal Catapults Irvine Builder into Ranks of Nation’s Largest Builders
From start-up to behemoth, in five short years Irvine-based TRI Pointe homes catapults itself into the ranks of the nation’s largest builders (by unit closing volume) through its $2.8B merger