Orleans Homebuilders Announces Strategic Disposition of Certain Land Positions (Centre Daily Times)

Story date: 2008-01-02 07:00:27
Added on: 2008-01-02 08:25:29

Orleans Homebuilders, Inc. (Amex: OHB) announced today, that it closed nine transactions to dispose of approximately 1,400 lots, within five states prior to its December 31st taxation year end. The Company separately executed option agreements on approximately 350 lots in two communities in different states, for a net decrease in its owned and controlled lot count of approximately 1,050 lots. ...


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