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Wednesday, Jun 7, 2023

Ryland Opens Texas Development

Ryland Group Inc. announced Friday that it has opened a residential development in Texas. Breckenridge Forest North in Spring, a neighborhood in the Houston area, features homes with up to five bedrooms and three-and-a-half bathrooms. Homes start at less than $200,000. The Westlake Village homebuilder has opened several new communities in Colorado, as well as Indiana, in the last few months. Last summer, Ryland acquired the assets of Cornell Homes, a Philadelphia home builder, the fourth acquisition the company made in the year. The company has operations in 17 states. Shares closed up 11 cents, or less than 1 percent, to $43.63 on the New York Stock Exchange.

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