November 21, 2024 4:49 pm
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New CEO has big plans for Meritage

Photo via Meritage Homes Twitter

By Angela Gonzales | Phoenix Business Journal

With a record-breaking fourth quarter, Meritage Homes Corp. is poised to spend more than $1.5 billion on land this year to beef up its community count across the country.

In his first earnings call as CEO of Meritage, Phillippe Lord told analysts he plans to be operating 300 communities by June 2022, which means the Scottsdale-based homebuilder will continue to be aggressive in land purchases in 2021 and beyond.

Read the full subscription story from the Phoenix Business Journal.

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