secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001104659-24-056039
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira JV closes sale of 554 homesites to Lennar, completing Phase 2 of Harvest community
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- Phase 2 (Foothill Neighborhood) sold to Lennar: 554 homesites with home sizes 1,500–3,500 sq ft and Pacific Ocean views.
- Total residential homesite sales at Harvest now 1,261; Lennar has purchased 867 total (313 Phase 1 + 554 Phase 2).
- CEO says profitability update and actual cash to Limoneira in fiscal 2024 will be provided with June earnings announcement.
- Joint venture with The Lewis Group of Companies; Lennar is sole builder for Phase 2 after being guest builder in Phase 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465924056039/0001104659-24-056039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465924056039/tm2413311d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-056039

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