Comment by undervalueon Aug 10, 2021 11:35am

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Post# 33678244
RE:JV Accounting
RE:JV AccountingI read it as just the costs that have been spent to date. The break down between site costs and house construction costs are not broken out which is terrible. The percentage of completion is missing as well.
The good news is that the 2 phases are sold out, with 87 homes being worked on.
It is a joke that they did not disclose the sale prices. It is likely close to a couple million each for the latest sales.
Remaining are 61 single lots, and a 114 unit condo.