Homebuilders / Land Developers
CalAtlantic Group is Official
The merger between Standard Pacific Corp. and the Ryland Group Inc. is now officially complete. The combined entity will operate under the name CalAtlantic Group in a reflection of its
NAHB Index Rises to Highest Level in Decade
The NAHB/Wells Fargo homebuilder sentiment index rose to 61 in August, representing the highest level in almost a decade. This is the highest level since November 2005. The index was
Brandywine Homes Competes in Orange County
Irvine-based, privately-held Brandywine Homes has made a name for itself as an infill developer of projects in core market, Los Angeles County and Orange County locations. Family-owned and run, the
Introducing CalAtlantic
Earlier this year, Ryland and Standard Pacific, two publicly-traded homebuilders, announced merger plans with a closing set for fall of 2015. Now, they have unveiled a new name for the
Woodbridge Pacific Shores Up Capital Base
With an equity commitment of up to $200M from a New York-based private equity firm, Woodbridge Pacific Group, an Orange County-based builder and developer, seems to be well positioned to
Lennar Earnings Beat Estimates
Lennar’s Q2 2015 earnings beat estimates by 15 cents coming in at 70 cents a share versus 61 cents per share a year ago. Revenue jumped 31% year over year
KB Q2 Earnings Beat the Street
KB Home reported Q2 earnings that beat Wall Street consensus estimates. Earnings came in at $9.6 million, or 10 cents a share, versus analyst estimates of 8 cents per share.
Builder M&A Talk
On the heels of the recently announced Standard Pacific / Ryland merger, Builder Magazine examines the elements of a successful homebuilder M&A transaction, and which companies are well-positioned to make
Standard Pacific and Ryland Announce Merger
Number 11 (in terms of unit sales volume) ranked Standard Pacific and Number 5 ranked Ryland announced plans to merge. The post-merger entity will be the 4th largest homebuilding company
NAHB Index Reaches a Nine-Month High
The NAHB/Wells Fargo builder sentiment index rose to 59 in June from 54 in May. The consensus forecast among economists was 56. The strong reading seems to be reflective of
