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.
M.D.C. Holdings announces the acquisition of 100 acres in St. Cloud, Florida, to develop 161 homes in the Southern Pines community. This project will comprise over half of the total 313 homes planned for the area, with a completion expected between late spring and summer 2021. The homes will feature the Seasons™ Collection, offering modern designs and numerous personalization options.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the Grand Opening of three new model homes at Seasons at Thoroughbred Acres in Olivehurst, California. This new neighborhood features the builder's Seasons™ Collection and introduces the UltraGarage®, designed to accommodate various vehicles including boats and RVs. Model home tours will begin on September 12, with sales center hours from 10 a.m. to 6 p.m. (Saturday-Thursday) and 1 to 6 p.m. (Fridays). The homes are priced from the mid $300s and offer customizable options.
Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the Grand Opening of two new model homes at Seasons at Westlake Village in Stockton, California. Tours commence on September 12, with homes priced from the low $400s, featuring 3 to 6 bedrooms and ranging from approximately 2,080 to 3,040 sq. ft. Planned amenities include a clubhouse, parks, and lakes. Homebuyers can customize their new homes, collaborating with design consultants. The Sales Center operates 10 a.m. to 6 p.m. Saturday through Thursday.
Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the Grand Opening of the Fleming model home at The Heritage at Two Rivers in Odenton, Maryland. This new community features homes starting in the mid $500s, with eight customizable floor plans ranging from 3 to 7 bedrooms and 2,210 to 4,150 sq. ft. The model home is open for tours daily from 10 am to 6 pm, with virtual appointments also available. Notable amenities include a clubhouse, pool, fitness center, and easy access to major cities like Baltimore and Washington D.C.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the Grand Opening of three model homes at Beechtree in Santa Paula, California, on September 5. This enclave features single-story homes priced from the $500s, with options ranging from 3 to 5 bedrooms and up to approximately 1,950 sq. ft. The community offers various amenities, including a recreation center, fitness facilities, and over 225 acres of open space. Model home tours will be available from 10 a.m. to 6 p.m. Saturday through Thursday, and from 1 to 6 p.m. on Fridays. For more details, visit RichmondAmerican.com.
On August 24, 2020, Richmond American Homes of California, a subsidiary of M.D.C. Holdings (NYSE: MDC), announced the grand opening of two model homes in the Seasons at Summerly community. This development features three floor plans aimed at making home ownership attainable, with prices starting from the upper $300s. The homes will be available for tours starting August 29, showcasing options for 3 to 4 bedrooms and sizes between 1,740 to 2,180 sq. ft. Future buyers can personalize their homes with a complimentary design service.
M.D.C. Holdings, Inc. (NYSE: MDC) has announced enhancements to its Richmond American Homes products to meet the evolving needs of homebuyers during the COVID-19 pandemic. The company emphasizes personalization and flexibility in home design, introducing adaptable spaces such as home gyms and tech centers to cater to home-centered lifestyles. Models like The Sunstone from the Seasons™ Collection are designed to support remote work and schooling. The updates aim to address significant lifestyle shifts and help buyers create functional living spaces.
Richmond American Homes, a subsidiary of M.D.C. Holdings (NYSE: MDC), announces the Grand Opening of four new model homes at Ladera and Mesa in Folsom, California. Tours will commence on August 22, 2020, with homes priced from the low $500s. Ladera features single- and two-story plans with 3 to 5 bedrooms, while Mesa offers similar options with up to 6 bedrooms. Interested buyers can personalize their homes with complimentary design consultations. The new models contribute to the popular White Rock Springs Ranch masterplan.
Richmond American Homes, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is launching two new model homes, Moonstone and Pearl, at its Hidden Springs community in Pleasant Grove, Utah, on August 21, 2020. The homes feature four floor plans from the Seasons™ Collection, priced from the mid $300s, with options for 3 to 6 bedrooms and up to 2,660 sq. ft. Buyers can personalize their homes through complimentary design consultations. The community includes parks and playgrounds and is conveniently located near Silicon Slopes and UVU.
M.D.C. Holdings, Inc. (NYSE: MDC) announced an Open House event for its new Devoe model home at the Cityscape™ at Mahogany Row community in American Fork, Utah, scheduled for August 14 and 15, 2020, from 10 a.m. to 6 p.m. The Devoe model features modern design elements and a rooftop terrace. Homebuyers can explore three Cityscape™ plans starting from the upper $300s, offering 2 to 4 bedrooms and up to 1,830 sq. ft. The location is close to major educational institutions and tech hubs, enhancing its appeal to potential buyers.
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