Ryland Group’s Westlake office to close in 2016 due to merger

The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →
Ryland shares gain on housing market performance
[wikichart align=”right” ticker=”NYSE:RYL” showannotations=”true” livequote=”true” startdate=”24-04-2014″ enddate=”24-10-2014″ width=”300″ height=”245″] Based in part on a 7.2 percent increase in third-quarter orders for new units, Westlake Village-based national homebuilder Ryland Group was trading higher Thursday after projected earnings beat Wall Street analyst expectations. Shares of Ryland Group closed at $35.78 on Oct. 23. The company reported a Read More →