Latest news with #homebuilder
Yahoo
3 days ago
- Business
- Yahoo
Toll Brothers Announces New Luxury Home Community Coming Soon to Lawrenceville, Georgia
Ledgestone will offer single-family homes with resort-style amenities in sought-after Lawrenceville, Georgia LAWRENCEVILLE, Ga., June 26, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the upcoming launch of Ledgestone, a new luxury home community in Lawrenceville, Georgia. This exclusive Toll Brothers neighborhood will include spacious single-family homes and an array of luxury amenities. Sales are anticipated to begin in early 2026. Ledgestone will feature elevated home designs offering up to 4,674 square feet with 5 bedrooms, 4 to 5.5 bathrooms, and 3-car garages. Customers will have the opportunity to personalize their homes with options such as flex rooms, patios, and basements and will choose their design finishes at the Toll Brothers Design Studio in Alpharetta, Georgia. Homes are anticipated to be priced from $1 million. 'We're excited to introduce Ledgestone by Toll Brothers in Gwinnett County, with its unique blend of luxury and convenience in one of Georgia's most sought-after locations,' said Eric White, Division President of Toll Brothers in Georgia. 'With expansive floor plans and unrivaled personalization options, this community will redefine luxury living in Lawrenceville.'Residents will enjoy robust future onsite amenities including a pool, clubhouse, cabanas, bocce ball courts, an activities lawn, playground, and grill station. The community is conveniently located near top shopping, dining, and entertainment destinations, including Gas South Arena, downtown Lawrenceville, and The Exchange at Gwinnett. Children in Ledgestone will have the opportunity to attend highly rated schools in the Peachtree Ridge Cluster, including Peachtree Ridge High School, providing excellent educational opportunities. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Ledgestone will be located at 1941 Lebanon Road in Lawrenceville. For more information and to join the Toll Brothers interest list for Ledgestone, call 888-686-5542 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@ A photo accompanying this announcement is available at Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Century Communities Sets June Grand Opening for New Homes in Southwest Las Vegas
Top national builder bringing modern one– and two–story homes to desirable location near Blue Diamond Road LAS VEGAS, June 26, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that Ironwood, the Company's anticipated new community in Southwest Las Vegas, will officially debut with a Grand Opening celebration on Saturday, June 28, from 11 a.m. to 1 p.m. Attendees will be among the first to explore two brand-new model homes at Ironwood, boasting a desirable location with quick access to dining, shopping and outdoor destinations like Red Rock Canyon National Conservation Area. Learn more, check out available homes, and RSVP for the Grand Opening at "We're thrilled to introduce Ironwood to the Las Vegas market, delivering quality new construction homes in an exceptional Southwest valley location," said Todd Baker, Regional President. "This month's Grand Opening will be a great opportunity to tour model homes and get in early on available homesites." IRONWOOD | SOUTHWEST LAS VEGASNow selling Over 100 single–family homesites Single- and two–story floor plans, ranging up to 2,114 square feet 2 to 6 bedrooms, 2 to 3 bathrooms, 2–bay garages Two model homes for tour (Residence 2001 & Residence 2114) Included features such as quartz countertops, stainless-steel appliances, and the builder's Century Home Connect® smart home package Prime location near UnCommons, Durango Casino & Resort, Rhodes Ranch Golf Club and hiking & biking trails Easy access to Blue Diamond Road, I–15 and I–215 for a quick commute to the Strip or Harry Reid International Airport Community Location:8586 W. Agate AvenueLas Vegas, NV 89113702.605.1504 DISCOVER THE FREEDOM OF ONLINE HOMEBUYING: Century Communities is proud to feature its industry–first online homebuying experience on all available homes in Nevada. Shop homes at Click "Buy Now" on any available home Fill out a quick Buy Online form Electronically submit an initial earnest money deposit Electronically sign a purchase contract via DocuSign® Learn more about the Buy Online experience at About Century CommunitiesCentury Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and one of the highest-ranked homebuilders on Newsweek's list of America's Most Trustworthy Companies 2025—consecutively awarded for a third year—and Newsweek's list of the World's Most Trustworthy Companies 2024. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 17 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit View original content to download multimedia: SOURCE Century Communities, Inc. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
LGI Homes (LGIH) Slid Amid Decline in Home Closings
River Road Asset Management, an investment management company, released its 'River Road Small Cap Value Fund' Q1 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, AMG River Road Small Cap Value Fund (Class N) returned -3.94% compared to -7.74% returns for the Russell 2000 Value Index. The fund returned 1.30% for the one year ended March 31, 2025, compared to the index return of -3.12%. Stocks declined in the first quarter due to diminishing growth expectations and uncertainty surrounding trade policies, which crumbled the post-election increase in business, consumer, and investor confidence. The remaining gains were subsequently erased following 'Liberation Day.' For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, River Road Small Cap Value Fund highlighted stocks such as LGI Homes, Inc. (NASDAQ:LGIH). LGI Homes, Inc. (NASDAQ:LGIH) is a US-based home builder that engages in the design, construction, and sale of homes. The one-month return of LGI Homes, Inc. (NASDAQ:LGIH) was -2.76%, and its shares lost 44.71% of their value over the last 52 weeks. On June 25, 2025, LGI Homes, Inc. (NASDAQ:LGIH) stock closed at $49.30 per share, with a market capitalization of $1.154 billion. River Road Small Cap Value Fund stated the following regarding LGI Homes, Inc. (NASDAQ:LGIH) in its Q1 2025 investor letter: "Another poor performer was LGI Homes, Inc. (NASDAQ:LGIH), the 15th largest homebuilder in the U.S. specializing in entry-level homes for first time buyers. LGIH reported Q4 2024 results below expectations due to ongoing affordability challenges and elevated mortgage rates. Home sales revenue decreased -8.4% year over year, driven by a decline in home closings (-12.8% year over year) while the average sales price (ASP) rose 5.1% year over year to $364k." A worker hammering a nail into the frame of a single-family home under construction. LGI Homes, Inc. (NASDAQ:LGIH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 17 hedge fund portfolios held LGI Homes, Inc. (NASDAQ:LGIH) at the end of the first quarter, which was 21 in the previous quarter. While we acknowledge the potential of LGI Homes, Inc. (NASDAQ:LGIH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered LGI Homes, Inc. (NASDAQ:LGIH) and shared River Road Small Cap Value Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of PGNY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
News.com.au
4 days ago
- Entertainment
- News.com.au
Roosters star's massive money move
Sydney Roosters star Nat Butcher and his model wife Harmony have listed their recently completed redundant duplex in Matraville. The Butchers had the burgeoning home builder Future Flip create the luxury duplex after they paid $2.71m for a now-demolished two-level home on its 770 sqm block. It has great street appeal. Future Flip, ran by developer Neil Hipwell which is making a name for itself from Byron to the South Coast for its modern homebuilds, built two side-by-side homes, each with five bedrooms, a kitchen with Caeserstone benchtops, and a living room with a modern gas fireplace in a feature wall. The living space opens to a rear lawn and an in-ground pool. The Butchers, with their one-year-old son Beau, intend to live in one of the homes. McGrath Coogee agent Marnie Seinor says it is the ultimate forever home for modern family living. Seinor is awaiting market feedback on price, but has scheduled a July 19 auction. Friends and family of the Butchers had previously used Future Flip. 'The build took just 10 months,' Harmony told The Daily Telegraph 'We'd seen the high standard of Future Flip homes,' Harmony said. 'Quality is important to us; we didn't want to compromise on the build or finishes. 'We had control over the finishes and layout and took on board the architect's great ideas. They brought our vision to life.' She especially loves its high ceilings, the open fireplace and the sunken lounge. Nat Butcher, who was recently ruled out for the next six weeks after suffering a recurrence of an MCL strain in training, said the home will suit a family. 'It's a big home with a big backyard and great for entertaining...... it's also only five minutes to the beach.' Harmony, a model represented by Chic Management, has been documenting the building journey to her 91,000 Instagram followers. 'The most exciting part of this build has been turning four walls into a space we call home,' Harmony wrote last month amid pictures of their recent furniture purchase with James Lane. The couple collaborated with Joshua Hill on the photography. Matraville has been a popular pocket for new-build duplexes by footballers. South Sydney Rabbitohs captain Cameron Murray is a few months off completion of his duplex. He bulldozed the original home bought with fiancee Miranda Cross for $3.1m in 2022. Former Sydney Swan Luke Parker developed a duplex in 2022.
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
KB Home Cuts Outlook as Profit, Sales Fall
KB Home KBH 3.03%increase; green up pointing triangle cut its outlook for the year again as it posted lower profit and sales for its fiscal second quarter. The homebuilder said Monday it now expects housing revenue of $6.3 billion to $6.5 billion for fiscal 2025, down from its prior guidance of $6.6 billion to $7 billion. Analysts polled by FactSet expected homebuilding sales of $6.55 billion.
