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, Inc. (NYSE: MDC) is set to celebrate the grand opening of Torrin at Valencia on April 29, 2023. This new community will feature four innovative two- and three-story floor plans with open layouts, designed for modern homebuyers. Home prices will start from the upper $600,000s, offering 3 to 4 bedrooms and sizes between 1,810 to 2,080 sq. ft.
Notable amenities include a clubhouse, two pools, parks, playgrounds, and a community garden, alongside convenient access to outdoor recreational areas and major transport routes like I-5 and Metrolink. Prospective buyers can participate in model home tours on the opening day from 10 a.m. to 6 p.m., with complimentary snacks available.
M.D.C. Holdings, Inc. announced the grand opening of the Cypress model home at North Vista Highlands in Pueblo, Colorado, set for April 29, 2023. The Cypress model features a well-appointed kitchen, lavish primary suite, and options for a 3-car garage and covered patio. During the event from 12 to 3 p.m., visitors can enjoy complimentary lunch, home tours, and a prize drawing. The community offers homes starting in the $300s, with seven versatile floor plans ranging from 2 to 6 bedrooms and sizes from 1,120 to 2,540 sq. ft..
North Vista Highlands boasts a prime location near I-25 and CSU Pueblo, providing easy access to shopping, dining, and outdoor activities. Homebuyers can collaborate with design consultants to personalize their new homes.
M.D.C. Holdings, a major homebuilder, announces the grand opening of its new community, Friendship Ridge, in Hazel Green, Alabama, taking place on April 29, 2023. This event marks the debut of two fully furnished model homes, including the unique UltraGarage® design.
Home prices will start in the upper $200s, offering six floor plans ranging from 1,720 to 2,320 sq. ft. and featuring 2 to 4 bedrooms. The community provides convenient access to Highways 431 and 53, and is close to Huntsville and Redstone Arsenal. For more details, prospective buyers can visit RichmondAmerican.com.
M.D.C. Holdings, Inc. (NYSE: MDC) has launched a new community, Seasons at Asher's Landing, located in Jacksonville, Florida. This neighborhood offers paired floor plans from the builder's Seasons™ Collection, designed to make homeownership accessible for various buyers. Homes are priced from $300,000 and feature 3 to 4 bedrooms, covering approximately 1,970 to 2,010 sq. ft..
Key features include:
- Proximity to downtown Jacksonville
- Access to shopping and dining
- Options for covered patios and deluxe primary bathrooms
- Quick move-in homes available
Buyers can customize their homes with the help of professional design consultants.
M.D.C. Holdings, Inc. (NYSE: MDC) has declared a quarterly cash dividend of $0.50 per share on its common stock. This dividend will be distributed on May 24, 2023 to shareholders recorded as of May 10, 2023. As a prominent homebuilder, the company emphasizes its commitment to providing quality homes.
Founded in 1972, M.D.C. Holdings has facilitated over 230,000 home purchases through its Richmond American Homes subsidiaries, showcasing its significant presence across various states including California, Florida, and Texas. The company continues to focus on value and quality in its operations, reinforcing its stature in the market.
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