The Howard Hughes Corp. (NYSE:HHC) announced plans Wednesday, April 23, 2014, for the first multifamily residential development on 4.5 acres near the Shops at Summerlin. Howard Hughes Corp (NYSE:HHC) shares after opening at $144.37 moved to $147.36 on last trade day and at the end of the day closed at $146.34. Company price to sales ratio in past twelve months was calculated as 12.20 and price to cash ratio as 6.47. Howard Hughes Corp (NYSE:HHC) showed a positive weekly performance of 5.14%.
Marcus & Millichap, Inc. (NYSE:MMI) a leading Calabasas, CA-based commercial real estate investment services firm, has opened three offices in Canada. The firm now has offices in Toronto, Calgary and Vancouver, according to John Kerin, president and chief executive officer. Gary Lucas, a senior vice president of the firm, will oversee its Canadian operations. Marcus & Millichap Inc. (NYSE:MMI) shares advanced 2.13% in last trading session and ended the day on $16.34. MMI return on equity ratio is recorded as 37.60% and its return on assets is 10.70%.
LGI Homes, Inc. (NASDAQ:LGIH) on 1 may announced 191 homes closed in April 2014, up from 132 homes closed in April 2013, representing year-over-year growth of 44.7%. April 2013 home closings include those from the Company’s pre-IPO joint ventures. At the end of April 2014, the Company had 29 active selling communities compared to 18 active selling communities at the end of April 2013. LGI Homes Inc. (NASDAQ:LGIH) shares moved down 1.47% in last trading session and was closed at $14.75, while trading in range of $14.73 – $15.50. LGI Homes Inc. (NASDAQ:LGIH) year to date (YTD) performance is -17.09%.
Walker & Dunlop, Inc. (NYSE:WD) will release its first quarter 2014 results before the market opens on Thursday, May 8, 2014, and will host a conference call to discuss the quarterly results on May 8, 2014 at 8:30 a.m. Eastern time. Walker & Dunlop, Inc. (NYSE:WD) weekly performance is -0.95%. On last trading day company shares ended up $15.61. Walker & Dunlop, Inc. (NYSE:WD) distance from 50-day simple moving average (SMA50) is -4.12%. Analysts mean target price for the company is $18.25.