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Stock impact report

Tri Pointe Homes® Closes on First Land Acquisition in the Greater Orlando Market, Marking the Homebuilder’s Debut in Minneola’s Sugarloaf Mountain Community

Tri Pointe Homes, Inc. (TPH) 
Last tri pointe homes, inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tripointegroup.com/investors/overview
Company Research Source: GlobeNewswire
ORLANDO, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in the U.S., announced today the acquisition of 178 single-family detached homesites in the Sugarloaf Mountain planned community in Minneola, Florida with its land bank partner, Kennedy Lewis Investment Management LLC. This milestone follows Tri Pointe Homes’ entry into the greater Orlando market, a strategic expansion driven by the area’s robust growth and demand for high-quality housing options. Tri Pointe purchased the sites from Richland Communities, the developer of Sugarloaf Mountain. Located on elevated terrain, the new community, Pine Ridge at Sugarloaf Mountain, is anticipated to feature 15.87 acres of open space, including a neighborhood park, amenity center, ponds, and topography that complements its unique setting. Plans for the community include three distinct homesite sizes — 45-, 55-, and 65-feet — with detached floorplans designed specifically for Show less Read more
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