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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]
Prior to this, it had been investigated by the federal government for two years for falsely inflating the prices of houses. In a plea agreement, GDC "agreed in principle" to make a restitution fund for those who bought homes between January 1, 1982 and December 31, 1989. [8] It would later file for Chapter 11 bankruptcy in April. [9]
Versailles house in 2014. Built on a constructed hill on 10 acres (4.0 ha) of lakefront property, [4] [11] the residence is expected to include nine kitchens, [2] 14 bedrooms, [12] three indoor pools, two outdoor pools, a video arcade, [4] a ballroom with a capacity of 500 to 1,000 people, [3] a two-story movie theater with a balcony inspired by the Palais Garnier, a 20,000-bottle wine cellar ...
The plans for Kenworthy Hall evolved over the course of the next several months, with the plans continuing to be worked on through correspondence even as the brownstone trim, shipped from New York, began to arrive at the site. Carlisle had difficulty in finding labor skilled enough for such an ambitious house, but he finally found a master ...
In 1959, wealthy landowner and insurance magnate John D. MacArthur announced plans to develop 4,000 acres (16 km 2) and build homes for 55,000 people. [14] He chose the name Palm Beach Gardens after his initial choice, Palm Beach City, was denied by the Florida Legislature, because of the similarity of the name to the nearby Palm Beach. [14]
Alva is an unincorporated community and census-designated place (CDP) in Lee County, Florida, United States, situated on the Caloosahatchee River. The population was 2,725 at the 2020 census, [4] up from 2,596 at the 2010 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area.
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