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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]
The homebuilder reported a backlog of 12,169 homes valued about $7.7 billion, down from last year’s backlog of 18,003 homes with a value of $9.9 billion.
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.
A proposal to build 45 single-family homes in a new Stow development called Miller's Landing is moving forward after City Council on Thursday voted 5-2 to approve the plan.. Some residents ...
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.
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