Forestar Group Inc. is a residential and real estate development company with operations in 16 markets in 11 states, where it owns, directly or through joint ventures, interests in residential and mixed-use projects. As of October 5, 2017, Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States for sixteen consecutive years.
Forestar Announces Strategic Asset Sale to Starwood Capital Group for $232 Million
|AUSTIN, Texas--(BUSINESS WIRE)--Feb. 8, 2018--
Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced a strategic
asset sale for $232 million to a joint venture between an affiliate of
Starwood Capital Group (“Starwood”), a leading global private investment
firm, and an affiliate of Land Strategies Management (DBA Starwood Land
Advisors). The strategic sale includes 20 legacy community development
projects owned both directly and indirectly through... |
Forestar Financial Information to Be Included in D.R. Horton’s Earnings Release and Conference Call on January 31, 2018
|AUSTIN, Texas--(BUSINESS WIRE)--Jan. 18, 2018--
Group Inc. (“Forestar”) (NYSE: FOR) announced that as a
majority-owned subsidiary of D.R.
Horton, Inc. (“D.R. Horton”) (NYSE:DHI), the earnings release for
D.R. Horton’s first quarter ended December 31, 2017 is expected to
include select preliminary Forestar financial information. D.R. Horton
is scheduled to release its earnings on Wednesday, January 31, 2018
before the market opens. ... |
Forestar Appoints Daniel C. Bartok as Chief Executive Officer
|AUSTIN, Texas--(BUSINESS WIRE)--Dec. 21, 2017--
Forestar Group Inc. (NYSE: FOR) (“Forestar”) today announced that
Phillip J. Weber, Chief Executive Officer, will step down from this
position effective December 28, 2017 and Daniel C. Bartok has
been appointed Chief Executive Officer of Forestar effective December 29,
2017. Weber plans to assist Forestar in the transition.
Donald J. Tomnitz, Executive Chairman of the Forestar Board, said, “Phil
Notice to Holders of the 3.75% Convertible Senior Notes Due 2020 (CUSIP No. 346232 Ab7) Issued by Forestar Group Inc.
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