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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

Post by hopeful88on May 13, 2021 12:58am
241 Views
Post# 33189512

First Q Report

First Q ReportGood progress was made inspite of Covid-19 restictions. The good news is that mandatory isolation requirements will be lifted on May 25th. for those who have been vaccinated. That means a full workforce can be assembled. Productivity and morale will go a long way to ensuring a more favourable 2nd.Q.  The silver is their, now they can go full steam ahead. Thank you to the men and women who have worked so diligently inspite of the covid-19 and the isolation that  they faced. Good report,but i will leave that determination to the experts. GLA
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