Talk of The Villages Florida - View Single Post - Developer’s largest income stream
Thread: Developer’s largest income stream
View Single Post
 
Old 08-03-2024, 09:36 AM
BrianL99 BrianL99 is offline
Sage
Join Date: Dec 2021
Posts: 3,490
Thanks: 296
Thanked 3,404 Times in 1,343 Posts
Default
Quote:
Originally Posted by pauld315 View Post
Last I saw, they own over 7 million square feet of commercial property. Commercial property leases are their biggest source of revenue by far.
Just a wild guess, but if the Developer sells 3000 homes per year and owns 7,000,000 of commercial space, I'd say his single family home sales generate double the profit of his commercial space. $300M vs $150M.