Richmond American Closes On Its 200,000th Home

Will offer a $2,500 incentive to home buyers to celebrate.

M.D.C. Holdings, Inc. (NYSE: MDC), parent company to the Richmond American Homes companies, is offering aa incentive worth $2,500 on to-be-built homes to mark the closing of its 200,000^th home.

The company, which celebrated its 40^th anniversary in 2017, closed on its first new home in 1977 in Denver, Colorado. Since that year, the company has expanded its operations to 10 states.

To commemorate the completion of its 200,000^th home, Richmond American is running a special promotion though October. Home buyers who contract on to-be-built homes will receive $2,500 in Home Gallery™ options and upgrades.

"We're very proud of this company milestone and we're excited to celebrate alongside our customers with a special offer," said David D. Mandarich, president and COO.