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Builder Confidence Up for Seventh Straight Month

Builder Confidence Up for Seventh Straight Month

by Phil Hall | Jul 18, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes during July posted a one-point uptick to 56 in the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marked the seventh consecutive month of rising...
Rick Beckwitt to Retire From Leadership Role at Lennar

Rick Beckwitt to Retire From Leadership Role at Lennar

by Phil Hall | Jul 17, 2023 | Current News & Events, Real Estate News, U.S. Housing Market

Lennar Corp. (NYSE: LEN, LEN.B) announced that Rick Beckwitt will retire as a co-CEO and co-president and resign as a member of the homebuilder’s board of directors. Beckwitt joined Lennar in March 2006 as executive vice president and became president in 2011 and CEO...
KB Home in New Partnership with National Forest Foundation

KB Home in New Partnership with National Forest Foundation

by Phil Hall | Jul 11, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

The Los Angeles-headquartered homebuilder KB Home (NYSE: KBH) has announced a partnership with the National Forest Foundation (NFF), the congressionally chartered nonprofit working to promote the health and public enjoyment of the National Forest System. In this...
Toll Brothers Promotes John A. McCullough to President of Multifamily Division

Toll Brothers Promotes John A. McCullough to President of Multifamily Division

by Phil Hall | Jul 7, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The luxury home building firm Toll Brothers Inc. (NYSE: TOL) has promoted John A. McCullough to president of Toll Brothers Apartment Living, the company’s multifamily division. In his new job, McCullough will be responsible for leading all acquisitions,...
D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

by Phil Hall | Jul 5, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
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