Aug. 25, 2014, 7:24 AM
- PulteGroup (NYSE:PHM) has acquired the real estate assets of Dominion Homes. The acquired assets include 27 open communities in Columbus, 11 open communities in Louisville and three open communities in Lexington, Kentucky.
- "In purchasing Dominion's real estate portfolio, we acquired a number of well-located communities and immediately established PulteGroup among the top builders in three new markets: Columbus, Louisville and Lexington," says CEO Richard Dugas.
- In 2013, Dominion delivered approximately 850 homes across its three markets, generating revenues of approximately $170M.
PulteGroup Inc is engaged in homebuilding business. Its business includes the acquisition and development of land for residential purposes within the U.S. It is also engaged in mortgaging banking operations.
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