Enjoy the latest and greatest news from Century Communities. Be sure to check back regularly for updates.
March 14, 2015
Century Communities, a Colorado-based homebuilder, is hosting their grand opening event this weekend in two new townhome models at Beacon Point in southeast Aurora. Beacon Point is a spectacular master-planned community along the Aurora Reservoir offering an attractive clubhouse with community pool, miles of trails, stunning views, and unbeatable proximity to some of the best schools, shopping, dining, and all the recreation amenities that Aurora has to offer. Century Communities event, Saturday and Sunday March 14th and 15th highights their new offering of ranch and two story townhomes, a rare find in this blossoming part of the Denver-metro area starting at $289,950.
March 8, 2015
Barron's - A newly public home builder looks like a good bet for investors. Century Communities, which operates in Colorado, Texas, Las Vegas, and Georgia, has been growing rapidly, backed by an aggressive acquisition pace and the rebounding fortunes of the U.S. housing market. Century (ticker: CCS), which came public in June, has been an avid deal maker in the past year, buying three home builders, helping to increase its land bank by 37%, to 11,463 lots. In 2014, its home closings surged 133%, more than doubling revenue, and driving 60% earnings growth.
February 24, 2015
San Antonio Business Journal - Another Build on Your Lot homebuilder will be expanding to San Antonio, marking the city as a desirable location for semi-custom developers. Century Communities, a Colorado-based homebuilder, announced today it would be planting roots in both San Antonio and Austin, following news earlier this month that Partners in Building would be expanding to the San Antonio area as well.
February 24, 2015
AUSTIN, TEXAS – Century Communities, a national homebuilder with communities in Colorado, Georgia, Nevada and Texas, is pleased to announce its Build on Your Lot semi-custom homebuilding program in Austin and San Antonio. The program offers landowners and those seeking to purchase a house lot a wide selection from hundreds of Century Communities’ quality designs. Century Communities will work with each homeowner to customize the new home to best fit the lot and the homeowner’s preferences.
February 23, 2015
Builder Online - Last week, Century Communities (CCS) reported its 2014 earnings, beating earnings per share estimates on the strength of lower than expected selling, general and administrative expenses, gains on land sales as well as higher than expected home building revenue. Those gains, however, were partially offset by lower than expected gross margins, according to J.P. Morgan's Michael Rehaut.
February 19, 2015
“We are pleased with another quarter of solid execution and performance across our key metrics to close out 2014 and achieve our 12th consecutive year of profitability,” stated Dale Francescon, Co-Chief Executive Officer. “During the fourth quarter, we more than doubled our home sales revenues and net income reflecting the continued expansion of our operations and improved leverage on our fixed cost base. As we move forward in 2015, our commitment towards growth remains firm as we strive to further increase our revenues, grow our footprint in existing and new markets, enhance our profitability and deploy our capital opportunistically to drive shareholder value.”
February 8, 2015
You really can be one of the first to get a preview tour of Century Communities' two new models - still a month from a grand opening, but at pre-model pricing from as low as $324,950. And Century can show you some of the best home sites Terrain has released, including walkouts that back to part of the hundreds of acres of open space.
January 26, 2015
Century Communities, a national homebuilder with communities in Colorado, Georgia, Nevada and Texas, purchased 180 homesites in Littleton Village on December 19. The homebuilder plans to build two styles of townhomes and alley-loaded single-family homes with high quality features and design.
January 13, 2015
Century Communities recently announced that it has committed to LEED certification for all new homes in its current and upcoming developments. The LEED-certified homes will save homeowners up to 40 percent on energy and water bills and qualify for the company's Efficiency Promise Program, which provides a two-year limited guarantee that energy used to heat and cool the home will not exceed a specified value.
December 19, 2014
Century Communities has committed to LEED-certification for all new homes in its current and upcoming developments in Austin and San Antonio, formerly known as Jimmy Jacobs Homes. Two of Century Communities’ newest LEED-certified developments, Reagan’s Overlook in Austin and Pearson Place at Avery Ranch in Leander, opened for sales in late 2014. Century Communities has employed LEED construction standards in two current San Antonio communities, Vintage Oaks and The Canyons at Scenic Loop. The new LEED-certified homes qualify for the company’s Efficiency Promise, which provides a two-year limited guarantee that the cost of energy used to heat and cool the home will not exceed a specified value. In addition, LEED-certified homes generate higher average property values than homes without LEED-certification.