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Pure Cycle Corporation To Build Single-Family Homes for Long-Term Rental


Pure Cycle Corporation To Build Single-Family Homes for Long-Term Rental
DENVER, CO / ACCESSWIRE / March 11, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today it is entering the single-family residential home rental market with the launch of its Build-to-Rent ( BTR ) segment.
We are excited to announce our entry into the rapidly expanding BTR market with our initial BTR homes to be located at the popular Sky Ranch Master Planned Community, stated Mark Harding, President and CEO. We continue to leverage our highly appreciated land and water assets and expand on our development success at Sky Ranch to improve shareholder returns through the growing BTR market continued Mr. Harding. With a land basis of approximately $1,000 per lot, a water basis at approximately $10,000 per tap, and access to inexpensive capital in the 3.75% range, we are utilizing our assets to significantly strengthen our balance sheet and materially improve recurring revenues. Our water and ....

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Pure Cycle Corporation Announces Approval of Charter School Application at Sky Ranch


Press release content from Accesswire. The AP news staff was not involved in its creation.
Pure Cycle Corporation Announces Approval of Charter School Application at Sky Ranch
March 2, 2021 GMT
DENVER, CO / ACCESSWIRE / March 2, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) is excited to announce the Sky Ranch Academy has received approval for a new Charter School which will be located in the Sky Ranch Master Planned Community.
“We could not be more pleased to be partnering with the Bennett School District in bringing a new, non tax-based school to our Sky Ranch Development”, commented Mark Harding, President and CEO of Pure Cycle. “The Bennett School District has worked tirelessly with Pure Cycle and National Heritage Academy to provide this amazing opportunity to further the education of students in the District at Sky Ranch,” continued Mr. Harding. ....

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