Enjoy the latest and greatest news from Century Communities. Be sure to check back regularly for updates.
May 11, 2015
Century Communities, a national homebuilder with communities in Colorado, Georgia, Nevada and Texas, is pleased to announce the opening of two new model homes at The Meadows, a thriving master-planned community in Castle Rock, Colo. The Meadows offers homebuyers access to homes in a growing area and an active Colorado lifestyle with numerous parks, open spaces and trails.
May 5, 2015
Century Communities, Inc. increased closings in 2014 by more than 278%, with 2,059 closings compared to 544 in 2013. This company's massive growth follows the August 2014 purchase of Houston-based Grand View Builders, which added 13 communities and more than 600 lots to the company's portfolio.
April 28, 2015
Nevada’s newest master plan has added a third company to its lineup of home builders. Skye Canyon in northwest Las Vegas said Tuesday that Century Communities will build 204 single-family homes with floor plans ranging from 1,700 to 3,600 square feet. “Skye Canyon is the perfect opportunity for us to further expand into the Las Vegas market and showcase our distinctive and fresh home designs,” said Don Boettcher, president for Century Communities’ Nevada Division. “The development is in a beautiful location and will certainly be a very desirable community.”
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.