03 May 2021
New York City continues to hold the lead amongst U.S. markets for the most projects in the U.S. construction pipeline.
According to the U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of Q1‘21, the
NYC market leads the U.S. construction pipeline with 145 projects/24,762 rooms.
Other U.S. markets that follow are
Los Angeles with 144 projects/23,994 rooms,
Dallas with 135 projects/16,260 rooms,
Atlanta with 132 projects/18,264 rooms, and
Orlando with 98 projects/17,536 rooms.
New York City has the greatest number of projects under construction with 110 projects/19,457 rooms. Following New York City with the highest number of projects under construction is Los Angeles with 39 projects/6,657 rooms, and then Atlanta with 39 projects/5,500 rooms, Dallas with 32 projects/3,795 rooms, and Orlando with 27 projects/4,693 rooms.
New York City Market Continues To Lead The U.S. Construction Pipeline
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In the recent U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of Q1 21, New York City continues to hold the lead amongst U.S. markets for the most projects in the U.S. construction pipeline with 145 projects/24,762 rooms. Other U.S. markets that follow are Los Angeles with 144 projects/23,994 rooms, Dallas with 135 projects/16,260 rooms, Atlanta with 132 projects/18,264 rooms, and Orlando with 98 projects/17,536 rooms. Advertisements
New York City has the greatest number of projects under construction with 110 projects/19,457 rooms. Following New York City with the highest number of projects under construction is Los Angeles with 39 projects/6,657 rooms, and then Atlanta with 39 projects/5,500 rooms, Dallas with 32 projects/3,795 rooms, and Orlando with 27 projects/4,693 rooms.
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DENVER, April 29, 2021 /PRNewswire/ M.D.C Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, announced results for the quarter ended March 31, 2021.
Larry A. Mizel, MDC s Executive Chairman, stated, MDC delivered another quarter of strong profitability, generating net income of $111 million, or $1.51 per diluted share. Home sale revenues grew 49% year-over-year on a 41% increase in closings and 6% rise in average selling prices. We continue to see heightened demand for our homes, as evidenced by the 34% year-over-year increase to unit orders for the quarter. The only constraint to our sales efforts are ones that we are imposing on ourselves, in an effort to balance orders and pricing to best manage our backlog. These efforts resulted in a 200 basis point expansion to our gross margin from home sales in the quarter to 21.9%. We have also been successful in leveraging our overhead expenses, lowering our SG&A ratio by 180 ba
M D C Holdings Announces First Quarter 2021 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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DENVER, April 26, 2021 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, today announced that its board of directors declared a quarterly cash dividend of forty cents ($0.40) per share on the Company s common stock. The dividend will be paid on Wednesday, May 26, 2021 to shareholders of record on Wednesday, May 12, 2021.
About MDC
M.D.C. Holdings, Inc. was founded in 1972. MDC s homebuilding subsidiaries, which operate under the name Richmond American Homes, have built and financed the American Dream for more than 210,000 homebuyers since 1977. MDC s commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build. MDC is one of the largest homebuilders in the United States. Its subsidiaries have homebuilding operations across the country, including the metropolitan areas of Denver, Colorado Springs, Salt Lake City, Las Vegas, Phoenix, Tucson, Riverside-San Ber