THE WOODLANDS, Texas, March 3, 2021 (GLOBE NEWSWIRE) – LGI Properties, Inc. (NASDAQ: LGIH) as we speak introduced 764 residence closings in February 2021, up from 606 residence closings in February 2020, representing development yr over yr 26.1%. The corporate ended the primary two months of 2021 with 1,414 residence closings, a 36.0% improve from 1,040 residence closings within the first two months of 2020.
On the finish of February 2021, the corporate had 103 lively gross sales communities.
About LGI Properties, Inc.
Primarily based in The Woodlands, Texas, LGI Properties, Inc. engages within the design, building and sale of properties in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington , Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. As of 2018, LGI Properties is ranked 10e the biggest residential builder in america by variety of closed models. The corporate has a exceptional heritage of greater than 17 years of residential building exercise, throughout which it has closed greater than 45,000 properties. For extra info on the corporate and its new residential developments, please go to the corporate’s web site at www.lgihomes.com.
Joshua D. Fattor
Vice President of Investor Relations