(Disclosure: Rose Law Group represents Taylor Morrison.)
By Vincent Salandro | Builder
Taylor Morrison will invest $12 billion over the next three yearsand open more than 600 communities as it pushes to close 20,000 homes by 2028.
“Twenty-thousand units is a big number in today’s environment, but today’s market has nothing to do with where we’re going to be in 2028,” chief executive officer Sheryl Palmer told the company’s first-ever investors’ day. “The business is absolutely positioned to do 20,000 units in 2028.”
That would see the company post annual growth around 12% through 2028. It has about 90% of the lots it needs to hit that mark. The builder also shared how its product diversification, differentiation from peers, and customer-centric approach will help Taylor Morrison succeed in today’s uncertain environment and into the future.
