Richmond American Homes Purchases New Land in Polk County
Builder closes on over 180 homesites for two communities
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POLK COUNTY, Fla., May 11, 2021 /PRNewswire/ Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce that it recently purchased a total of 186 new lots in Polk County.
Ongoing Growth in Polk County
Exterior of Richmond American Homes’ popular Onyx floor plan, showcased in Orlando, Florida.
Richmond American s recent acquisition of nearly 200 homesites in Polk County is in preparation for two new communities: Seasons at Arlington Square and Seasons at Heritage Square (59 and 127 lots, respectively).
Trio of Model Homes Debuts at Richmond American Community in Lincoln
Tour versatile floor plans at Revere at Independence
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LINCOLN, Calif., May 4, 2021 /PRNewswire/ Richmond American Homes of California., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce the Grand Opening of three model homes at the builder s newest Lincoln community, Revere at Independence (RichmondAmerican.com/Revere-Independence). This inviting neighborhood boasts a range of flexible floor plans, including several from the sought-after Seasons™ Collection (RichmondAmerican.com/SeasonsSAC).
Model home tours
Prospective homebuyers and area agents are encouraged to explore the brand-new, fully furnished Alan II, Seth and Sienna model homes at Revere at Independence on May 8 and 9. The sales center will be open from 10 a.m. to 6 p.m., and appointments are encouraged but not required.
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DENVER, April 29, 2021 /PRNewswire/ M.D.C Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, announced results for the quarter ended March 31, 2021.
Larry A. Mizel, MDC s Executive Chairman, stated, MDC delivered another quarter of strong profitability, generating net income of $111 million, or $1.51 per diluted share. Home sale revenues grew 49% year-over-year on a 41% increase in closings and 6% rise in average selling prices. We continue to see heightened demand for our homes, as evidenced by the 34% year-over-year increase to unit orders for the quarter. The only constraint to our sales efforts are ones that we are imposing on ourselves, in an effort to balance orders and pricing to best manage our backlog. These efforts resulted in a 200 basis point expansion to our gross margin from home sales in the quarter to 21.9%. We have also been successful in leveraging our overhead expenses, lowering our SG&A ratio by 180 ba
M D C Holdings Announces First Quarter 2021 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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DENVER, April 26, 2021 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, today announced that its board of directors declared a quarterly cash dividend of forty cents ($0.40) per share on the Company s common stock. The dividend will be paid on Wednesday, May 26, 2021 to shareholders of record on Wednesday, May 12, 2021.
About MDC
M.D.C. Holdings, Inc. was founded in 1972. MDC s homebuilding subsidiaries, which operate under the name Richmond American Homes, have built and financed the American Dream for more than 210,000 homebuyers since 1977. MDC s commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build. MDC is one of the largest homebuilders in the United States. Its subsidiaries have homebuilding operations across the country, including the metropolitan areas of Denver, Colorado Springs, Salt Lake City, Las Vegas, Phoenix, Tucson, Riverside-San Ber