Benchmark Communities Reaches 2,000 New Home Deliveries since 2013 IPO
Benchmark Communities (“Benchmark”), an award-winning national homebuilder, announced today that it has reached a milestone of 2,000 new home deliveries since its parent company, UCP (NYSE:UCP), went public in 2013, with over 1,000 of these occurring since the beginning of 2015. Benchmark delivered its 2,000th home at its Olde Stonegate community in Mint Hill, North Carolina.
About author
You might also like
Land Takes Primacy in Homebuilder M&A
While the majority of M&A targets are valued based on a projected stream of future cashflows, in homebuilder M&A, asset value – that is, land value – takes center stage.
Frontier Communities is Back to Home Building After Shifting Strategy During Downturn
Jimmy Previti is not quite 50, but he’s enjoyed a whirlwind career that’s included starting his own company, leaving the home building business after the housing crash, and, in 2013,
Hovnanian Beats the Street
In its latest quarterly earnings report, Hovnanian posted profit of $322.5M or $1.95 per share versus analyst expectations of 20 cents per share. Notably, $285.1M of profit was from a
