other material
confidence high
sentiment positive
materiality 0.40
Limoneira JV closes 121 homesites with Lennar and Richmond American; completes Phase 1 sell-out
Limoneira CO
- 121 homesites sold: 50 to Lennar, 71 to Richmond American Homes at Harvest at Limoneira.
- Phase 1 of 707 residential units is now fully sold out.
- Lennar purchased total of 313 homesites; Richmond American now 209 in Phase 1.
- Closings are first announced in fiscal 2023 for the joint venture with Lewis Group.