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New Collin County community will bring more than 1,800 homes
Green Brick Partners and Meritage Homes plan project in Farmersville near Lake Lavon.
community will be called Lake Haven and will be located near U.S. 380 in Farmersville.(Vernon Bryant / Staff Photographer)
Two homebuilding companies are teaming up on a major residential community northeast of Dallas.
Plano-based Green Brick Partners Inc. and builder Meritage Homes have purchased sites for more than 1,800 houses in the Collin County town of Farmersville.
Located northeast of Lake Lavon, the area around Farmersville is seeing an influx of land developers looking for new home sites.
Green Brick Partners and Meritage plan to start construction early next year on the 453-acre property they just purchased south of U.S. Highway 380.
Green Brick Partners (GRBK), A Bottom Contributor for Diamond Hill Capital yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Chief Financial Officer
Thank you. Good to do the Operator s part. We apologize for the delay in commencement. The Operator had connection issues.
Good afternoon, everyone, and welcome to Green Brick s Partners Earnings Call for the First Quarter ended March 31, 2021. Following today s remarks, we will hold a question-and-answer session. As a reminder, this call is being recorded and will be available for playback.
A slide show supporting today s presentation is available on Green Brick Partners website, greenbrickpartners.com. Go to Investors & Governance, then click on the option that says Reporting, and then scroll down the page until you see the First Quarter Investor Call Presentation.
Green Brick Partners: Q1 Earnings Snapshot
May 4, 2021
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PLANO, Texas (AP) Green Brick Partners Inc. (GRBK) on Tuesday reported first-quarter net income of $26 million.
On a per-share basis, the Plano, Texas-based company said it had net income of 51 cents.
The real estate investment company posted revenue of $234.5 million in the period.
Green Brick Partners shares have risen 20% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $27.51, more than tripling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRBK at https://www.zacks.com/ap/GRBK