D.R. Horton, Lennar among most prolific Gulf Coast residential land buyers

Two of the region's largest homebuilders have invested hundreds of millions of dollars into land over the past five years. Deals going forward could be harder to find.


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  • | 6:00 a.m. February 7, 2020
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COURTESY PHOTO — D.R. Horton has invested more than $183 million since 2016 to acquire land for new communities along the Gulf Coast.
COURTESY PHOTO — D.R. Horton has invested more than $183 million since 2016 to acquire land for new communities along the Gulf Coast.
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Nearly a half a billion dollars. Just over $485 million, to be more precise.

That’s how much money two of the region’s largest and most active homebuilders have invested in land along the Gulf Coast since 2015, when each publicly traded residential provider emerged from the prolonged economic recession that began in 2008.

 

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