MDC Holdings, which builds under the brand name Richmond American Homes, reported 4Q 2014 earnings of $14.6M or 41 cents per share (adjusted up from 30 cents per share to account for extinguishing of debt during the quarter). The average Wall Street analyst estimate for earnings was 46 cents per share. On the positive side, revenue of $505.67M was above analyst expectations.
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
John Burns Real Estate Consulting LLC congratulates the top 50 master-planned communities (MPCs) in the country on their strong new home sales in 2016 with their annual ranking report co-authored
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
