Avatar Holdings

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Avatar Holdings Changes Its Name, Business Plan

The 80-year-old home builder and community developer grew tired of competing with the popular movie's name in Internet searches. Read more

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Acquisition Likely to Bolster Avatar's Position in Active Adult Market

Carl Mulac tells BUILDER the motivations behind the $62 million deal involving Joseph Carl Homes, which was completed in 45 days. Read more

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Avatar Buys Joseph Carl Homes

Public builder pays $62 million in cash, stock, and notes for real estate portfolio that also includes land in Florida and Arizona. Read more

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Avatar Hires New CEO

Gerald D. Kelfer is retiring and will be replaced by Jon M. Donnell in mid-November. Read more

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Results of Chinese Drywall Investigation Expected Soon

Reports will likely elaborate the hazards of the problematic drywall and offer potential remedies. Read more

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Public Builders Release Numbers, Discuss State of Market

CEOs of Toll, Meritage argue for housing stimulus. Read more

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Avatar Reports First Quarter Loss

The Coral Gables, Fla.–based company lost $556,000, or $0.07 cents per share, in the quarter ended March 31, it reported. Read more

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To Lifestyle!

To many of the emerging active adult buyers (those ages 45 to 59), an active, fun, and stimulating environment is not a wish-list item; it's an essential. They're spoiled by the service," says Jon Fels, CEO of Avatar Properties, a subsidiary of Avatar Holdings, in Coral Gables, Fla. Fels has shepherded Avatar's first age-qualified (age-restricted) project, Solivita, through its first year of sales. Read more

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