The Ryland Group Inc. (RYL) said Tuesday it has completed the acquisition of the Charlotte and Raleigh operations and assets of Timberstone Homes.
The Timberstone acquisition provides Ryland with approximately 945 additional lots and homes for future sales, 141 homes currently sold and under construction for delivery, and 19 professionally decorated model homes.
Existing Timberstone customers will have their customer service and warranty obligations addressed by Ryland under a contractual relationship between Ryland and Timberstone, the company said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.