Hovnanian Enterprises, Inc. (NYSE:HOV) and GSO Capital Partners LP (“GSO”) announced today a land banking arrangement for up to $125 million. GSO, the credit arm of The Blackstone Group (NYSE:BX), will manage funds and acquire a portfolio of land parcels from Hovnanian and option finished lots on a quarterly takedown basis back to Hovnanian. As […]
Hovnanian Enterprises Inc. (HOV) – chart is talking: Stats: Shares Outstanding5: 94.44M Float: 67.71M Short % of Float (as of Jul 29, 2011)3: 28.90% Total Cash Per Share (mrq): 3.69 Hovnanian Enterprises Inc. 110 West Front Street PO Box 500 Red Bank, NJ 07701 United States – Map Phone: 732-747-7800 Fax: 732-747-7159 http://www.khov.com K. Hovnanian® […]
