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Stock impact report

Ashcroft Capital buys Orlando property from DR Horton [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
Property: Birchstone Waterleigh Buyer: Ashcroft Capital Seller: D.R. Horton Property type: Garden style Units: Location: Winter Garden, Florida Total purchase price: Withheld With growth in the medical, technology and defense industries as well as continued investment from local entertainment behemoths Disney and Universal, Orlando, Florida, is a market with significant employment tailwinds. New York City-based apartment owner Ashcroft Capital sees these job trends as just one major attraction to Orlando. “One of the major draws for us to continue to invest in the Orlando market is the population growth, which is one of the nation's strongest,” Scott Lebenhart, chief investment officer at Ashcroft Capital, told Multifamily Dive. “Additionally, as new supply begins to trail off over the next 12 months, we expect trends such as vacancy and rent growth to continue to improve.” Ashcroft Capital expanded its growing portfolio in Orlando earlier this week by Show less Read more
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