Benchmark Communities Brand Will Transition to Century Communities.
BuilderOnline
By Kelsi Maree Borland
Communities, Inc., Greenwood Village, Col. (NYSE: “CCS”) Friday announced it has completed its previously announced merger with UCP, Inc. (NYSE: “UCP”). The aggregate transaction value was approximately $356 million, including the payment of approximately $149 million of existing UCP indebtedness. The transaction was unanimously approved by the board of directors of both Century and UCP and was also approved by UCP shareholders.
About author
You might also like
Toll Reports Strong 1Q 2015
Toll Brothers handily beat the Street with its fiscal 1Q 2015 earnings. Revenue was $835.5M, which represented a 33% increase over the year ago period, and well above the $773.5M
Leader of the Pack
Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it
Landmark Obtains Financing For Second RC Hobbs Community
Landmark Capital Advisors, Newport Beach, on Tuesday announced a successful $9.5 million AD&C loan and JV Equity transaction in Riverside, Ca. on behalf of home builder RC Hobbs Company, the
