Acquisition provides 25+ communities to the corporate’s Houston operations
GREENWOOD VILLAGE, Colo., July 31, 2024 /PRNewswire/ — Century Communities, Inc. (NYSE:CCS)—probably the most community’s biggest homebuilders, an trade chief in on-line house gross sales, and the highest-ranked homebuilder on Newsweek’s record of The usa’s Maximum Faithful Corporations 2024—nowadays introduced the purchase of considerably all of the belongings of Anglia Homes, LP (“Anglia Homes”).
Century Communities has been energetic as a significant homebuilder within the Houston marketplace since 2014. With the purchase of Anglia Houses, Century Communities greater than doubles its population depend in Higher Houston, including 25+ communities generation additionally wholesome its place and changing into probably the most manage 5 homebuilders within the metro segment. In the future, Anglia Houses’ operations and belongings—consisting of one- and two-story single-family flooring plans from the mid $200ks to the top $400ks—might be transitioned to the Century Communities logo, with to be had houses featured on Century Communities’ web page.
“Consistent with our strategy of increasing depth within existing markets in a land-light manner, this acquisition cements Century as a top five builder in the Houston metro, while also increasing our go-forward access to capital-efficient finished lots,” stated Jim Francescon, Government Vice President of Century Communities. “We want to congratulate Mike Manners, James Hunter, and Thomas Manners for all they have accomplished in building Anglia Homes and welcome the Anglia Homes team to the Century family.”
“We’re excited to continue on our strong track record of growth with our second homebuilder acquisition this year and the ninth in Century’s history,” stated Scott Dixon, Well-known Monetary Officer of Century Communities. “Houston has been one of our strongest-performing metro areas for the past 10 years, and we’re confident that Anglia Homes is the perfect addition to continue executing on our strategy of profitable growth with high quality, affordable single-family homes in this dynamic market.”
“Since 2008, our focus has been on quality, location, affordability, and design in order to provide our customers with the best homebuying experience,” stated Mike Manners, Chairman of Anglia Houses. “Century Communities not only shares those values, but continually pushes to make the dream of homeownership more accessible. We couldn’t be prouder to have Anglia be part of the Century family.”
Whelan Advisory served because the unique monetary marketing consultant for Anglia Houses.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is without doubt one of the community’s biggest homebuilders, an trade chief in on-line house gross sales, and the highest-ranked homebuilder on Newsweek’s record of The usa’s Maximum Faithful Corporations 2024, consecutively awarded for a 2nd presen. Thru its Century Communities and Century Entire manufacturers, Century’s project is to create sexy, high quality houses at inexpensive costs to lend its valued shoppers with A HOME FOR EVERY DREAM®. Century is swamped in all sides of homebuilding — together with the purchase, entitlement and construction of land, together with the development, cutting edge advertising and marketing and sale of constituent houses designed to attraction to a large length of homebuyers. The Corporate operates in 18 states and over 45 markets around the U.S., and likewise do business in identify, insurance coverage and lending services and products in choose markets thru its Expressway Name, IHL House Insurance coverage Company, and Encourage House Loans subsidiaries. To be informed extra about Century Communities, please seek advice from www.centurycommunities.com.
About Anglia Houses
Based in 2008 through Mike Manners, James Hunter, and Thomas Manners, Anglia Houses, LP, builds single-family houses in Houston, Texas. The corporate is understood for establishing high quality houses throughout a number of communities with a focal point at the entry-level and move-up branch. The corporate solely purchases completed a lot from its sturdy community of native builders in standalone communities and bigger grasp plans.
Ahead-Having a look Statements
This press reduce accommodates forward-looking statements throughout the which means of Category 27A of the Securities Employment of 1933, as amended, and Category 21E of the Securities Alternate Employment of 1934, as amended, and, as such, would possibly contain recognized and unknown dangers, uncertainties and suppositions. Ahead-looking statements could also be known through the significance of phrases reminiscent of “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and alternative homogeneous expressions that expect or point out pace occasions or traits or that aren’t statements of ancient issues. Ahead-looking statements will have to now not be learn as a commitment of pace efficiency or effects, and won’t essentially be correct indications of the days at, or through, which such efficiency or effects might be accomplished. Ahead-looking statements are in keeping with ancient knowledge to be had on the presen the statements are made and are in keeping with control’s cheap trust or expectancies with appreciate to pace occasions, and are topic to dangers and uncertainties, a lot of that are past the Corporate’s regulate, that would purpose latest efficiency or effects to range materially from the conclusion or expectancies expressed in or steered through the forward-looking statements. Ahead-looking statements discuss handiest as of the era on which they’re made and the Corporate undertakes deny legal responsibility to replace any forward-looking commentary to replicate pace occasions, traits or differently, apart from as could also be required through acceptable legislation. Traders are referred to the Corporate’s Annual File on Method 10-Ok for supplementary knowledge in regards to the dangers and uncertainties that can purpose latest effects to range materially from the ones expressed in any forward-looking commentary.
SOURCE Century Communities, Inc.