Saturday, March 03, 2018 3:11:35 PM
Pulte Homes has spent $102.8 million to bite off a piece of entitled land in what is slated to become part of a massive mixed-use transit village in San Jose’s Edenvale area on the city’s south side, county records show. The property, a vacant swath of land adjacent to the former IBM disk drive campus, is one of only a few areas in San Jose that is slated to be filled with single-family homes. Cupertino-based Hunter Storm entitled the 25-acre property, which is owned by iStar Financial, for 418 single-family homes and 301 multifamily units in 2014. -Feb 28, 2018
Comment: This should mean revenue of half a billion dollars. Profit could be anywhere from 100M to 200M. This is great, much better than more developments in questionable markets. I was starting to worry PHM was only focused on unfavorable local markets but this is a step in the right direction. Land prices are booming in California and if PHM can collect more land soon it would be beneficial.
Recent PHM News
- PulteGroup Announces Quarterly Cash Dividend of $0.20 Per Share • Business Wire • 09/04/2024 07:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 09:57:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 09:50:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/28/2024 08:48:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 06:00:37 PM
- Del Webb Heartwood in Savannah Area Introduces 55+ Amenity-Rich Lifestyle to Georgia’s Coast • Business Wire • 08/27/2024 12:32:00 PM
- PulteGroup’s Third Quarter 2024 Earnings Release and Webcast Conference Call Scheduled for October 22, 2024 • Business Wire • 08/27/2024 12:00:00 PM
- PulteGroup Honors Two Veterans with New Mortgage-Free Homes in Orlando • Business Wire • 08/26/2024 12:32:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:26:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 06:34:37 PM
- PulteGroup, Inc. Names New Chief Information Officer • Business Wire • 08/20/2024 02:13:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:24:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:30:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/01/2024 09:01:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/01/2024 04:36:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/23/2024 08:08:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 11:34:11 AM
- PulteGroup Reports Second Quarter 2024 Financial Results • Business Wire • 07/23/2024 10:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 12:16:04 PM
- PulteGroup CFO Bob O’Shaughnessy Announces Plan to Retire in 2025 • Business Wire • 07/22/2024 12:00:00 PM
- Pulte Homes Announces First Utah Community in More than Twenty Years • Business Wire • 07/09/2024 02:12:00 PM
- PulteGroup Breaks Ground on New Master-Planned Ryehill Communities in Sugar Land • Business Wire • 07/03/2024 03:16:00 PM
- PulteGroup Continues its Support of Our Nation’s Wounded Veterans with the Donation of Three New Mortgage-Free Homes • Business Wire • 06/17/2024 12:00:00 PM
- Pulte Homes Announce New Townhome and Condo Community in the Heart of Fairfax, Virginia • Business Wire • 06/03/2024 01:17:00 PM
- PulteGroup, Inc. Announces Pricing for Tender Offers for Senior Notes • Business Wire • 05/31/2024 08:20:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM