LGI Homes announces the grand opening of upgraded homes in Timberlake Preserve, Youngsville, ideal for families. Prices start from $350k.
Quiver AI Summary
LGI Homes, Inc. has announced the grand opening of a new section at Timberlake Preserve, a community situated in Youngsville, North Carolina, near Raleigh. This expansion features upgraded three- to five-bedroom homes with modern layouts and amenities, including the CompleteHome Plus™ package that offers stainless steel appliances, granite countertops, and luxury vinyl flooring at competitive prices. Timberlake Preserve boasts family-friendly amenities such as a playground, soccer field, and walking trails, all designed for active lifestyles. Homes start from the $350s, making it an attractive option for families seeking convenience and community. For more details or to schedule a tour, interested buyers can contact the company directly.
Potential Positives
- LGI Homes announced the grand opening of a new section at Timberlake Preserve, highlighting their expansion into a desirable area near Raleigh, which can attract potential homebuyers.
- The new community features upgraded homes with sought-after amenities and competitive pricing, appealing to families looking for modern living options.
- Timberlake Preserve offers various community amenities, including parks and recreational facilities, enhancing its attractiveness for families and contributing positively to the company's brand image.
- LGI Homes is recognized for its quality construction and customer service, validated by awards such as Newsweek’s list of the World’s Most Trustworthy Companies and the Top Workplaces USA 2024 Award, reinforcing consumer confidence in the brand.
Potential Negatives
- None
FAQ
What is Timberlake Preserve?
Timberlake Preserve is a new community in Youngsville, NC, offering upgraded new homes for families.
What types of homes are available at Timberlake Preserve?
Timberlake Preserve features three-, four-, and five-bedroom homes with modern layouts and various floor plans.
What amenities does Timberlake Preserve offer?
The community includes a playground, soccer field, pavilion, scenic walking trails, and open spaces for family activities.
What is the starting price for homes at Timberlake Preserve?
Move-in ready homes at Timberlake Preserve are priced from the $350s.
How can I learn more about Timberlake Preserve?
For more information, call (866) 800-5178 ext. 348 or visit the LGI Homes website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LGIH Hedge Fund Activity
We have seen 105 institutional investors add shares of $LGIH stock to their portfolio, and 156 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALTSHULER SHAHAM LTD removed 454,760 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $53,898,155
- AMPFIELD MANAGEMENT, L.P. removed 401,404 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $47,574,402
- RIVER ROAD ASSET MANAGEMENT, LLC added 212,468 shares (+30.6%) to their portfolio in Q4 2024, for an estimated $18,994,639
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 180,929 shares (-26.0%) from their portfolio in Q4 2024, for an estimated $16,175,052
- KHROM CAPITAL MANAGEMENT LLC added 177,698 shares (+19.4%) to their portfolio in Q4 2024, for an estimated $15,886,201
- CARLSON CAPITAL, L.P. removed 111,834 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $13,254,565
- NEXT CENTURY GROWTH INVESTORS LLC removed 108,985 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $12,916,902
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
YOUNGSVILLE, N.C., March 10, 2025 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (NASDAQ: LGIH) is excited to announce the grand opening of a new section at Timberlake Preserve, a beautiful community located just northeast of Raleigh in Youngsville, North Carolina. This expanded section offers a selection of upgraded new homes, providing homebuyers with an exceptional opportunity to purchase their dream home in a perfect place for growing families.
Timberlake Preserve presents an array of thoughtfully designed three-, four-, and five-bedroom homes, featuring modern layouts and sought-after upgrades. The community offers both one- and two-story floor plans, allowing buyers to select the layout that best suits their lifestyle. Each home comes equipped with LGI Homes’ CompleteHome Plus™ package, which includes desirable upgrades such as stainless steel kitchen appliances, granite countertops and luxury vinyl plank flooring, all included at an affordable price.
“Timberlake Preserve is in Youngsville, just minutes from Wake Forest,” stated Dayne Luck, Vice President of Sales for Raleigh and Wilmington. “The community features a pavilion, grill area, playground and lots of open space for activities. Timberlake Preserve has it all!”
Located in the desirable suburb of Youngsville, Timberlake Preserve offers residents a convenient and accessible location. The community is just minutes from major employers in the Raleigh-Durham area, ensuring a quick commute for working professionals. Additionally, residents can enjoy a variety of nearby amenities, including a wide selection of parks, dining options and shopping venues, making it easy to enjoy both the conveniences of modern living and the beauty of the outdoors.
The community itself offers exceptional amenities designed for active families. A large community park features a children’s playground, soccer field and covered pavilion with picnic tables and BBQ grills. Scenic walking trails provide the perfect backdrop for outdoor enjoyment, while the family-friendly atmosphere makes it an ideal place to put down roots.
Move-in ready homes at Timberlake Preserve are priced from the $350s. For more information, or to schedule a tour of the community, homebuyers are encouraged to call (866) 800-5178 ext. 348.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com .
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5762afe5-12c4-412f-935f-246ad03ead57