LGI Homes opens Lake Preserve at Jackson Trail and Oakwood Terrace, offering new homes starting in the low-$300s in Atlanta.
Quiver AI Summary
LGI Homes, Inc. announced the opening of two new communities in northeast Atlanta: Lake Preserve at Jackson Trail in Jefferson and Oakwood Terrace in Oakwood, with homes starting in the low-$300s. Lake Preserve offers a serene environment with amenities such as a private lake and playground, ideal for families and outdoor enthusiasts. Oakwood Terrace features modern, move-in ready townhomes with an open-concept layout and convenient access to local amenities and Atlanta. Both communities include the CompleteHome™ package, featuring high-quality materials and energy-efficient appliances. LGI Homes is committed to helping buyers achieve homeownership while enhancing community living.
Potential Positives
- LGI Homes has successfully opened two new communities in the northeast Atlanta area, showcasing its growth and expansion in a desirable location.
- The newly constructed homes in Lake Preserve at Jackson Trail and Oakwood Terrace are offered at competitive prices starting in the low-$300s, appealing to a broad range of potential homebuyers.
- The inclusion of a CompleteHome™ package at no extra cost adds significant value for buyers, featuring high-quality materials and energy-efficient appliances.
- LGI Homes has been recognized as one of America’s fastest growing companies and has received accolades for its quality construction and exceptional customer service, enhancing its reputation in the homebuilding industry.
Potential Negatives
- No specific details on the sales performance or customer interest in the new communities, which raises questions about their potential success.
- The announcement may indicate over-reliance on newly opened communities for growth, which could be risky in a competitive market.
- Failure to mention any potential challenges or obstacles faced in the development or market, which could suggest a lack of transparency in their operations.
FAQ
What are the new LGI Homes communities in Atlanta?
LGI Homes recently opened Lake Preserve at Jackson Trail in Jefferson and Oakwood Terrace in Oakwood, Atlanta.
What amenities are available at Lake Preserve at Jackson Trail?
This community features a private lake, playground, and pavilion, ideal for families and outdoor enthusiasts.
How much do homes start at Oakwood Terrace?
Newly constructed homes at Oakwood Terrace start in the low-$300s, offering modern design and convenience.
What is included in LGI Homes' CompleteHome™ package?
The CompleteHome™ package includes energy-efficient appliances, granite countertops, upgraded cabinetry, plank flooring, and more.
How can I schedule a tour of these communities?
Interested buyers can contact the information centers at (866) 963-9334 ext. 166 for Lake Preserve and (855) 614-0378 ext. 166 for Oakwood Terrace.
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 104 institutional investors add shares of $LGIH stock to their portfolio, and 157 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
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Full Release
ATLANTA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (NASDAQ: LGIH) announced the recent opening of two exceptional new communities in the northeast Atlanta area: Lake Preserve at Jackson Trail in Jefferson and Oakwood Terrace in Oakwood. These beautiful neighborhoods offer newly constructed homes starting in the low-$300s in prime locations that combine comfort and convenience.
Lake Preserve at Jackson Trail – Jefferson, GA
Nestled in the serene town of Jefferson, Lake Preserve at Jackson Trail provides homebuyers with a peaceful atmosphere while offering easy access to local parks, dining, shopping and the town of Athens. This tranquil community is perfect for those seeking a peaceful lifestyle. Amenities such as a private lake, playground and a pavilion enhance the quality of life for residents, making it an ideal location for families and outdoor enthusiasts.
"At LGI Homes, we're proud to serve the vibrant community of Jefferson, GA. Our mission is to guide our clients through every step of the process, making their dream of homeownership a reality, while strengthening the connections that make this city such a great place to live and grow," stated Mark Murti, Vice President of Sales for Georgia and Alabama.
Oakwood Terrace – Oakwood, GA
Located in the thriving city of Oakwood, Oakwood Terrace features brand-new, move-in ready townhomes that combine modern design with an open-concept layout, all with an easy commute to Atlanta. These stylish townhomes are designed for homeowners looking for the perfect blend of convenience and community. Located near I-985 and close to Lake Lanier, Oakwood Terrace offers quick access to local shopping, dining and recreational opportunities, making it an ideal choice for families.
"In Oakwood, GA, we strive to match families and individuals with homes that fit their needs and aspirations. Our commitment is to ensure a seamless experience while contributing to the growth and vibrancy of this exceptional community," stated Murti.
At both communities, LGI Homes ensures that each home is constructed with high-quality materials and includes the CompleteHome™ package at no extra cost. This comprehensive package includes energy-efficient Whirlpool® kitchen appliances, granite countertops, upgraded wood cabinetry with crown molding, stylish plank flooring and much more.
Move-in ready homes are now available at both communities. For more information or to schedule a tour, interested buyers are encouraged to contact the information centers at (866) 963-9334 ext. 166 for Lake Preserve at Jackson Trail and (855) 614-0378 ext. 166 for Oakwood Terrace.
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/e1d0c21e-dc68-4d9f-bb44-08e70284d270
