LYCOS RETRIEVER 
Home Builders: Companies
built 254 days ago
Centex Real Estate Corp., a subsidiary of Centex Corp., has completed its acquisition of the home building company, Calton Homes. Centex paid $48.1 million for the firm's stock. Under terms of the deal, it ... agreed to a $5.2 million holdback, a bank debt of approximately $20.5 million, and other post closing contingencies. In return, Calton has agreed to offer consulting services to Centex Homes for $1.3 million annually. One of the country's largest single-family home builders, Centex Homes expects that this most recent purchase will significantly broaden its presence in New Jersey. Currently, Centex Homes maintains operations in 54 major markets in 20 states.
Source:
DALLAS, Sept 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Centex (NYSE: CTX), one of the nation's largest and most admired home builders, received the highest customer satisfaction ranking in 13 out of 34 markets surveyed by J.D. Power and Associates. The company's highest ranking in 13 markets this year is an increase from 10 markets in 2005.
Source:
At the 2001 International Builders' Show, representatives from all three companies demonstrated a prototype connected home that offered a preview of products and concepts SMART will offer soon. In addition, the companies showed how those new products and services would integrate with SMART products available today.
Source:
Now, eight years later, Home Creations is one of the two largest home builders in Oklahoma.It willbuild anestimated 450 homes in14 communities within five cities throughout the greater Oklahoma City area this year. The company hasa staff of50, more than 250available lots to build on,300 acres of land for development and another 200 acres under contract. Additionally, the company has300 homes in different phases of construction— from building permit to occupancy permit.
Source:
Spotlight Ads perform significantly better than traditional banner ads and encourage local consumers to interact with the home builder's marketing message on average for over a full minute at a time. The online display ads drive more traffic to a home builder's website and listing detail pages, as well as improving the effectiveness of companion search marketing programs.
Source:
"Environmentally sustainable home building becomes more important every day -- out of necessity it's a trend that is increasing nationwide. The innovative, efficient use of natural resources will help keep home prices from rising exorbitantly in the future, which bodes well for the company, the growing population and the limited capabilities of our planet," stated Mark Dotzour, Chief Economist and Director of Research for the Real Estate Center at Texas A&M University and an advisor to Wilson Holdings, Inc.
Source:
MORE ABOUT
Companies