LGI Homes announces the grand opening of Brimington Farm in Waynesboro, offering affordable, upgraded homes for buyers.
Quiver AI Summary
LGI Homes, Inc. has announced the grand opening of Brimington Farm, an affordable new community in Waynesboro, Pennsylvania, which offers homebuyers upgraded newly built homes at accessible prices. The community features modern 3-bedroom townhomes starting in the $300s and single-family homes from the mid-$400s, all equipped with the CompleteHome Plus™ package that includes various upgrades at no extra cost. Located conveniently near major highways, golf courses, and ski resorts, Brimington Farm provides a charming neighborhood with access to outdoor recreation, parks, and amenities like the Waynesboro Country Club. LGI Homes emphasizes its commitment to making homeownership attainable and is recognized for quality construction and customer service, having closed over 70,000 homes since its inception in 2003.
Potential Positives
- LGI Homes is expanding its offerings with the grand opening of Brimington Farm, a new community that enhances its market presence in Pennsylvania.
- The community features affordable housing options with built-in upgrades, demonstrating LGI Homes' commitment to making homeownership attainable.
- Brimington Farm's strategic location near major highways and recreational facilities may attract potential buyers, contributing to increased sales and brand reputation.
- LGI Homes has been recognized for its quality construction and customer service, bolstering its position as a trustworthy and reputable homebuilder in the industry.
Potential Negatives
- The press release emphasizes affordability but does not provide details on how the prices compare to competitors, which may raise questions about actual market competitiveness.
- Despite promoting its CompleteHome Plus™ package, the press release lacks specific data or testimonials to substantiate claims of quality and energy efficiency, potentially undermining consumer trust.
FAQ
What is Brimington Farm?
Brimington Farm is a new community in Waynesboro, Pennsylvania, offering affordable, upgraded homes for purchase.
What types of homes are available at Brimington Farm?
Homebuyers can choose from 3-bedroom townhomes starting in the $300s and 3- to 4-bedroom single-family homes starting in the mid-$400s.
What features are included with homes at Brimington Farm?
Each home includes LGI Homes’ CompleteHome Plus™ package with granite countertops, stainless steel appliances, and energy-efficient upgrades.
What amenities are nearby Brimington Farm?
Brimington Farm is near scenic parks, Waynesboro Country Club, Liberty Mountain Resort, and offers access to shopping and dining in Hagerstown.
How can I get more information about Brimington Farm?
For more information or to schedule a tour, call (855) 464-0425 ext 429 or visit LGIHomes.com/BrimingtonFarm.
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 125 institutional investors add shares of $LGIH stock to their portfolio, and 154 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS removed 846,202 shares (-100.0%) from their portfolio in Q2 2024
- KHROM CAPITAL MANAGEMENT LLC added 678,106 shares (+282.5%) to their portfolio in Q3 2024
- ALTSHULER SHAHAM LTD removed 454,760 shares (-100.0%) from their portfolio in Q3 2024
- AMPFIELD MANAGEMENT, L.P. removed 401,404 shares (-100.0%) from their portfolio in Q3 2024
- ANOMALY CAPITAL MANAGEMENT, LP added 283,560 shares (+547.3%) to their portfolio in Q3 2024
- RIVER ROAD ASSET MANAGEMENT, LLC added 218,923 shares (+45.9%) to their portfolio in Q3 2024
- FRONTIER CAPITAL MANAGEMENT CO LLC added 160,814 shares (+30.0%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WAYNESBORO, Pa., Dec. 16, 2024 (GLOBE NEWSWIRE) --
LGI Homes, Inc.
(NASDAQ: LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the grand opening of Brimington Farm, a brand-new community in Waynesboro, Pennsylvania. This affordable, upgraded community offers homebuyers the opportunity to purchase a newly built home with built-in upgrades at a price that makes homeownership attainable.
Brimington Farm offers modern homes in a charming, established neighborhood. Homebuyers can choose from 3-bedroom townhomes starting in the $300s or 3- to 4-bedroom single-family homes starting in the mid-$400s. Each home comes with LGI Homes’ CompleteHome Plus™ package, including granite countertops, stainless steel appliances, and energy-efficient upgrades at no extra cost.
“We are very excited to be building in this beautiful community in Waynesboro, PA. Just miles from all major highways and close to championship golf courses and top-rated ski resorts, Brimington Farm has something for everyone. We are offering affordable single-family homes and townhomes from the low-$300s in an amazing neighborhood where your children can walk to all schools,” said Paul DiConsiglio, Vice President of Operations at LGI Homes.
Brimington Farm combines the beauty of nature with modern convenience, offering residents a peaceful setting near scenic parks like Memorial Park, and is just minutes from Hagerstown’s shopping and dining options. This community provides access to exceptional amenities, including the Waynesboro Country Club and Liberty Mountain Resort, along with abundant opportunities for outdoor recreation. With its ideal location and vibrant surroundings, Brimington Farm is the perfect place to call home.
For more information or to schedule a tour, please call (855) 464-0425 ext 429 or visit
LGIHomes.com/BrimingtonFarm
.
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 70,000 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/7ff20c6c-4f8c-4765-8fc1-60d9ad2844bf
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
