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AV Homes, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2018 10-Q, filed Aug 1, 2018. Its latest SEC filing is a SC 13G/A from Feb 11, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Builds homes and develops residential communities for first-time and move-up buyers and active adults across Florida, the Carolinas, Arizona and Texas.

Who Were Their Customers?

Homebuyers buy through AV Homes’ sales staff; the company also uses outside sales brokers in some markets. It refers buyers to mortgage lenders, including a preferred provider, though buyers may choose another lender.

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q2 FY2018, the three months to Jun 30, 2018
Revenue
▲ +1%
vs $201.2M in Q2 FY2017
Net income
▲ +364%
vs $647K in Q2 FY2017
  • Oct 2, 2018 Taylor Morrison completed its acquisition of AV Homes Taylor Morrison’s subsidiary assumed AV Homes’ obligations under its senior notes.
  • Sep 27, 2018 AV Homes shareholders approved the Taylor Morrison merger The special meeting approved the merger agreement.
  • Jun 7, 2018 Taylor Morrison agreed to acquire AV Homes

Texas operations added The latest report adds Texas operations to the earlier footprint in Florida, Arizona, and North Carolina.

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