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U.S. homebuilder confidence rises in May from April

Measures of interest by prospective buyers and current sales conditions also improved from April’s reading.

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U.S. new-home sales up 2.3 percent in April

U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high

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Ryland taps Skelly as chief operating officer

The homebuilder Ryland Group Inc. is promoting Pete Skelly to the newly created position of chief operating officer.

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Tri Pointe Homes to combine with Weyerhaeuser unit

Tri Pointe Homes says the transaction will make it one of the 10 biggest U.S. homebuilders based on estimated combined equity market value.

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Just Sold: United Properties closes on senior housing sites

Bloomington-based United Properties has closed on the purchase of sites for new senior housing projects in Forest Lake and Shoreview.

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Just Sold: UP closes on third senior co-op site in Bloomington

An entity of Bloomington-based United Properties has paid $1 million for the site of its 77-Applewood Pointe of Bloomington Valley West.

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