LGI Homes, Inc. announced it closed 531 homes in November 2024. This total includes the bulk sale of 103 single-family rental homes, which contributed to the month's overall performance.
As of November 30, 2024, the company had 142 active selling communities. This figure reflects LGI Homes' expanding operational footprint and its capacity for future sales.
The inclusion of a bulk sale indicates a diversified sales approach, potentially targeting institutional investors for rental properties. Monthly closing reports are important for investors to track the company's progress against its annual targets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.