Welcome to our dedicated page for M.D.C. Holdings news (Ticker: MDC), a resource for investors and traders seeking the latest updates and insights on M.D.C. Holdings stock.
M.D.C. Holdings, Inc. (NYSE: MDC) is a prominent American homebuilding company founded in 1972. Through its subsidiaries, operating primarily under the name Richmond American Homes, MDC has been dedicated to helping over 240,000 families achieve the American Dream of home ownership. The company's mission is to design and build high-quality, value-driven homes while contributing to the communities they serve.
MDC's operations span across multiple states, including Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington. This vast geographic footprint allows MDC to cater to a diverse range of homebuyers and market demands.
In addition to homebuilding, MDC's subsidiaries provide a comprehensive suite of related services, including mortgage financing through HomeAmerican Mortgage Corporation, insurance services via American Home Insurance Agency, Inc., and title services through American Home Title and Escrow Company. This integrated approach ensures a seamless homebuying experience.
MDC has made significant strides in sustainability, as highlighted in their 2022 Corporate Sustainability Report. Notably, the company achieved a national average HERS® Index Rating of 49, an indicator of energy efficiency, surpassing their target three years ahead of schedule. This accomplishment reflects MDC's investment in sustainable building practices, such as expanding their solar program, which has saved 141,304 tons in CO2 emissions.
Richmond American Homes has also been recognized for its commitment to health and safety, receiving the Radon Star Award from the U.S. Environmental Protection Agency for its efforts in radon risk reduction. They have been proactively installing active radon control systems in new homes situated in high-radon areas since 2010.
In recent developments, MDC announced a definitive agreement to be acquired by Sekisui House, Ltd., a leading Japanese homebuilder, in a transaction valued at $4.9 billion. This acquisition, expected to close in the first half of 2024, will leverage Sekisui House's advanced technologies to enhance MDC's offerings and expand its market reach.
For more information, visit www.mdcholdings.com.
Richmond American Homes of Idaho, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), has announced the Grand Opening of Timberline, a new community in Meridian, Idaho. The neighborhood will offer a variety of ranch and two-story homes with professionally curated fixtures and finishes.
A Grand Opening event is scheduled for Saturday, October 19, from 12 to 4 p.m. Visitors can tour the Hemingway model home, enjoy complimentary ice cream, and enter a prize drawing. The new community promises energy-efficient homes with open layouts and designer details, catering to the Treasure Valley area.
Richmond American Homes, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), has launched sales for its new masterplan, Seasons at Riverton, in Plumas Lake, California. The development features two communities offering ranch and two-story floor plans from the builder's Seasons™ Collection. These homes are designed to maximize space and make homeownership more accessible to a diverse range of buyers. The masterplan, which includes Seasons at Riverton North and South, aims to provide affordable housing options while maintaining quality and spaciousness.
Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is set to launch Autumnwood, a new community within the Harvest at Limoneira masterplan in Santa Paula, Ventura County. The grand opening is scheduled for Saturday, August 10, featuring live entertainment and community tours from 11 a.m. to 2 p.m.
Autumnwood offers four two-story floor plans with modern layouts and designer details. Homes are priced from the $700s, ranging from 3 to 6 bedrooms and approximately 1,670 to 1,960 sq. ft. The community boasts resort-style amenities, including a clubhouse, pool, fitness center, trails, parks, and gardens. Its location provides easy access to shopping, dining, schools, and natural attractions like McGrath State Beach and Los Padres National Forest.
Richmond American Homes of Arizona, a subsidiary of M.D.C. Holdings, has announced the grand opening of Seasons at Rancho El Dorado IV in Maricopa, Arizona. This new community features single-story homes from the Seasons™ Collection, offering 3 to 5 bedrooms and sizes ranging from 1,590 to 1,860 sq. ft. The homes are designed with open layouts and designer details. Located near schools, recreational facilities, and golf courses, the community provides easy access to Arizona State Route 347. Quick move-in options are available.
Richmond American Homes of Colorado, a subsidiary of M.D.C. Holdings, has announced the Grand Opening event for Skyview at High Point in Aurora, Colorado. The event is scheduled for Saturday, June 8, 2024, from 12 to 3 p.m. Attendees can tour four new model homes featuring versatile single- and two-story floor plans from the Seasons™ Duo and Urban Collection™. The event will also offer complimentary refreshments and a chance to win a prize.
Richmond American Homes, a subsidiary of M.D.C. Holdings, has announced the grand opening of Seasons at Fiesta in Los Lunas, NM. The new neighborhood offers ranch and two-story homes from the builder's Seasons™ Collection, designed to maximize space and make homeownership more affordable. Homes are priced from the $300s and feature 3 to 5 bedrooms, ranging from approximately 1,610 to 2,700 sq. ft., with options for 3-car garages. The community is conveniently located near I-25 and Main Street, close to schools, restaurants, and entertainment venues. The grand opening event will take place on June 1, from 11 a.m. to 1 p.m., offering refreshments, community tours, and a prize drawing.
M.D.C. Holdings announced its intention to delist its 6.000% Senior Notes due 2043 from the New York Stock Exchange (NYSE). The company also plans to deregister all outstanding issuances of its senior notes with the SEC. This decision has been authorized by the Board of Directors and will not affect the terms of the outstanding senior notes. The last day of trading for these notes on the NYSE is expected to be June 13, 2024. The company does not plan to list or register these notes on another exchange or medium.
Richmond American Homes of Florida, a subsidiary of M.D.C. Holdings, Inc., announces the Grand Opening of Seasons at Wekiva Ridge, a new community in Mount Dora. The neighborhood offers single- and two-story homes from the $400s, with designer-curated finishes and convenient access to Orlando.
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