News

Now Selling In LA's Panorama City: Vesper Village

PANORAMA CITY, Calif., Oct. 22, 2018 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce that Vesper Village, a new community in the popular LA suburb of Panorama City, is now selling—offering 24 single-family homesites and three inspired two-story floor plans for homebuyers to choose from.

MDC Richmond American Home Logo (PRNewsfoto/M.D.C. Holdings, Inc.)

COMMUNITY INFORMATION:

New homes from the $500s
3 to 4 bedrooms
Approx. 1,410 to 1,570 sq. ft.
Model home now open for tour
Hundreds of personalization options, with complimentary design assistance at the Richmond American Home Gallery™

AREA INFORMATION:
Conveniently situated between the 405 and 5 freeways, Vesper Village boasts easy access to LAX, Hollywood Burbank Airport, and Amtrak and Metrolink stations. Residents will also enjoy nearby parks, schools, shopping and dining.

Address: 9763 Vesper Avenue, Panorama City, CA 91402

For more information, visit www.RichmondAmerican.com.

About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built 200,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, California, Maryland, Nevada, Oregon, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.

SOURCE M.D.C. Holdings, Inc.

For further information: Robert N. Martin, Senior Vice President and Chief Financial Officer, 720.977.3431, ir@mdch.com

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The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service from one company, you are not required to utilize the services of, or obtain products from, the other company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect your ability to obtain products and services from these companies. See licensing information.

Equal Housing Opportunity © 2024 Richmond American Homes.

Certain statements on the Site, including statements regarding the MDC Companies' business, financial condition, results of operation, cash flows, strategies and prospects, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "likely," "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," or the negative of such terms and other comparable terminology. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the MDC Companies to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Additional information about the risks and uncertainties applicable to the MDC Companies' business is contained in MDC's filings with the Securities and Exchange Commission, including MDC's Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. The MDC Companies undertake no duty to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in MDC's subsequent filings with the Securities and Exchange Commission, press releases and/or presentations should be considered.

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