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Limoneira’s Joint Venture with Lewis Group Announces Closing of Initial 55 Residential Lots with National Home Builder KB Home

Limoneira Co (LMNR) 
Last limoneira co earnings: 3/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.limoneira.com/investor-relations
Company Research Source: Business Wire
Joint Venture expects additional Lot Closing Announcements during the First Quarter of Calendar 2019 SANTA PAULA, Calif.--(BUSINESS WIRE)-- Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus packing, sales and marketing company with related agribusiness activities and real estate development operations, announced today that its 50%/50% real estate development joint venture with The Lewis Group of Companies (“Lewis”) has closed the initial 55 lots with one of the United States leading homebuilders, KB Home (NYSE: KBH). KB Home is one of the primary builders for the first 180 homes in the initial 632 residential units of the Company’s Harvest at Limoneira project. Harold Edwards, President and Chief Executive Officer, stated, "We are very excited to have closed the initial 55 lots with one of the nation’s largest homebuilders, KB Home. This is a significant step t Show less Read more
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