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 combined entity – CalAtlantic. CalAtlantic will be the 4th largest homebuilder in the nation by volume with a market cap of $5.2B and and operations in 17 states and 41 submarkets.
About author
You might also like
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
DR Horton Reports Strong 1Q Earnings
Homebuilding bellwether, DR Horton, the largest homebuilder by revenue in the country, reported earnings of 39 cents a share or $142.5M for its fiscal year first quarter. This was up
Pulte Beats 4Q Estimates on Both Earnings and Revenue
Pulte reported a strong 4Q 2014 with earnings and revenue that were higher than the year ago period and above analyst expectations. Profit clocked in at $217.1M or 58 cents
