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In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. [11] In 2003, the company acquired Sivage-Thomas Homes. [12] In 2009, the company acquired Centex for $1.3 billion in stock. [13] [14] In August 2014, the company acquired the real-estate assets of Dominion Homes for $82 million. [15]
Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes. [1] Pulte Homes since merged with Centex Corp. and became PulteGroup. [2] Del Webb continues as a brand of PulteGroup. [3] [4]
Is creating the largest homebuilder amidst the worst real estate market in decades such a hot idea? Wall Street seems to say "yes." Pulte Holmes Inc. (PHM) agreed to buy Centex Corp. (CTX) for $1. ...
The company reported net new orders of 3,964 homes, a 41% dip for the same period last year. ... Separately, by buyer group, fourth quarter orders to first-time buyers declined 28% to 1,574 homes ...
PulteGroup paid $22 million for about 36.5 acres of land denoted in red on Lake Worth Road and south of State Road 7 to build it's new 108-home Antica development.
Pulte’s new orders for the second quarter landed at 7,649, a 3.7% drop year over year and falling short of analysts' expectations of 8,392 homes, per Bloomberg data.
In the 1960s, he expanded his company Pulte Homes beyond Michigan into Washington, D.C., Chicago and Atlanta. He took the company public in 1969. By the 1980s, it was operating in 11 states with revenues of US$294,000,000 and by 1995, it was the largest homebuilder in the United States. It became a Fortune 500 company in 1999.
Ryan Marshall, CEO of PulteGroup , said on the company's fourth quarter earnings call Tuesday that he doesn’t expect rate cuts from the Federal Reserve to “unleash a tidal wave of resale ...
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