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 with Weyerhauser’s homebuilding operations.
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
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.
Brandywine Homes, a pioneer of infill development in Southern California, closed 116 homes, opened seven new communities and broke ground on four new communities in Southern California in 2016. The
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