The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 9, 2019. Its latest SEC filing is a 15-12B from Jul 2, 2019.
10-Q for Q1 FY2019, filed May 9, 2019
The sections below describe the company as of the FY2018 annual report.
Develops and owns residential and mixed-use real estate, selling homes and land to homebuyers and builders and leasing commercial properties to tenants.
10-K for FY2018, filed Mar 18, 2019HomeFed Corporation is a developer and owner of residential and mixed-use real estate projects in California, Virginia, South Carolina…View ↗
As the owner of development projects, we are responsible for the completion of a wide range of activities, including design engineering…View ↗
Under our limited liability company agreements with builders at the Village of Escaya project, we earn contract service revenues based on a…View ↗
Homebuyers buy land and homes, with sales completed at closing. HomeFed also earns fees tied to builders’ home sales as it completes infrastructure work over time, and receives rental income from its properties.
10-K for FY2018, filed Mar 18, 2019Revenues generated through the sales of real estate are our primary source of revenues from contracts with customers. Agreements with…View ↗
Under our limited liability company agreements with builders at the Village of Escaya project, we earn contract service revenues based on a…View ↗
2018 Revenues from contracts with customers: Sales of real estate $ 88,324 Contract service revenues 30,221 Co-op marketing and advertising…View ↗
$140.6M
10-K for FY2018, filed Mar 19, 2019
$140.6M ↗
Homebuyers buy homes from HomeFed or its builder partners; builders buy land or develop projects with HomeFed through agreements and joint ventures. Commercial tenants lease space in its properties.
10-K for FY2018, filed Mar 18, 20192018 2017 2016 Number of units sold: Single family lots — — 27 Single family homes 24 9 — Sales price, net of closing costs: Single family…View ↗
The Otay Land project is in the early stages of development and additional permits are in process. The development of the overall project…View ↗
In April 2016, we formed a limited liability company, HomeFed Village III Master LLC, ("Village III Master") to own and develop an…View ↗
Under our limited liability company agreements with builders at the Village of Escaya project, we earn contract service revenues based on a…View ↗
There is an issue with title to a small portion of Cota Vera related to a 100-foot strip of land approximately two miles in length…View ↗
No. It lost $68K in FY2018.
10-K for FY2018, filed Mar 19, 2019
−$68KView ↗
10-Q for Q1 FY2019, filed May 9, 2019
−$3.5MView ↗
8-K, filed Jul 1, 2019
Under the terms of the Merger Agreement, which was adopted by HomeFed’s stockholders at the special meeting of its stockholders held on…View ↗
Grew. Revenue grew 2.4x in 4 years, from $59.5M in FY2014 to $140.6M in FY2018, about 24% a year.
Exit from farming
The earlier report described Rampage as a farming operation with a grape vineyard and an almond orchard under development; the latest says the property was sold and farming is no longer a reportable segment.
10-K for FY2015, filed Feb 29, 2016 10-K for FY2018, filed Mar 18, 2019We currently operate in three reportable segments—real estate, farming and corporate. Our real estate operations, which represent the…View ↗
We operate in two reportable segments—real estate and corporate. Real estate operations consist of a variety of residential land…View ↗
A broader focus on home sales
The earlier report emphasized lot sales and the start of sales at SweetBay; the latest also names home sales as a focus at San Elijo Hills, Ashville Park, Market Common and SweetBay.
10-K for FY2015, filed Feb 29, 2016 10-K for FY2018, filed Mar 18, 2019In 2016, our primary strategic priority is to optimize our asset in the Otay Ranch area by focusing on expediting development and…View ↗
In 2019, our primary strategic priority is to optimize our asset in the Otay Ranch area by focusing on expediting development and…View ↗
Loading...
