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The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8] The company also entered the Tucson, Arizona, market. [9]
The company was founded by Sylvan M. Cohen (1914-2001) in 1960 following the passage of the Real Estate Investment Trust Act, which allowed real estate trusts to access money from public investment. [ 1 ] [ 2 ] In 1997, the company acquired The Rubin Organization for $260 million, and founder and chief executive officer Ronald Rubin became CEO ...
Here's Why I'm Doubling Down. Ryan Downie, The Motley Fool. September 3, 2024 at 3:00 AM. ... D.R. Horton's financial results fluctuated through these macroeconomic cycles, but the company has ...
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Liberty Property Trust was a real estate investment trust that invested in office buildings and industrial properties. As of December 31, 2017, the company owned interests in 461 industrial and 48 office properties comprising 86.0 million square feet.
The Lower Merion Historical Society's efforts to raise funds and purchase the mansion were not successful. In August 2009, Benjamin Wohl, a Florida real estate developer, offered to buy La Ronda and move it to an adjoining lot to be his second home. [6] This would save the current owner an estimated $300,000 in demolition costs.
The company was founded in 1950 as Crown Construction.Frank J. Pasquerilla, who joined less than a year later, became president in 1956 and sole owner in 1961. The company's name was changed to Crown American in 1972 and in 1979, it acquired the Hess's department store chain.
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