KB Home (NYSE: KBH) shares fell Friday as the company, one of the largest and most trusted homebuilders in the U.S. announced the grand opening of Oasis Reserve, a new-home community in east Orlando, which is known for its major universities and research hubs. These new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. Oasis Reserve’s one- and two-story floor plans feature up to six bedrooms and three baths.
“What sets KB Home apart,” according to this morning’s news release, “is the company’s focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community.”
“We are excited to introduce area homebuyers to a beautiful new-home community with one- and two-story homes in a popular east Orlando location close to University of Central Florida and a variety of shopping and dining at Lee Vista Promenade,” said Fred Wyborski, President of KB Home’s Orlando division.
“Families will also appreciate Oasis Reserve’s proximity to Downey Park, which features a splash playground, baseball complex, dog park and sand volleyball courts. At KB Home, we’re here to help you achieve your dream with a personalized new home built uniquely for you and your life.”
KB shares discarded 39 cents to $64.37.
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