City Ventures Withdraws IPO

City Ventures Withdraws IPO

Prolific Newport Beach-based private developer/builder, City Ventures, withdraws $150M IPO plans. While homebuilder stocks have rallied over the past month on news of potential changes in mortgage regulations, the overall sentiment in the California homebuilding sector remains generally soft heading into year-end perhaps contributing to the change in City Ventures’ IPO plans.

Read More

Previous Mortgage Credit Likely to Expand
Next Foremost Communities Closes on Deerlake Ranch in Chatsworth

About author

You might also like

Homebuilders / Land Developers

PulteGroup Reports $273 Million 4th Qtr Profit

PulteGroup, Inc. on Thursday reported net income of $273 million, or $0.83 per share, for the fourth quarter ended Dec. 31. The gain, which included $0.16 per share of insurance

Homebuilders / Land Developers

Homebuilder Confidence Stays Relatively Steady

NAHB Homebuilder Confidence Index dropped in December to 57 from 58 in November. The reading of 59 in September was a nine-year high. Readings above 50 indicate builders feel good

Homebuilders / Land Developers

Beazer Misses Big for Fiscal 1Q 2015

For fiscal 1Q 2015, Beazer reported earnings of ($0.68) per share versus the consensus analyst estimate of ($0.16) for a miss of $0.52. Revenue was $265.8M for the quarter against

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply