June 22, 2017 9:58 PM ET

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Company Overview of WCI Communities, Inc.

Company Overview

WCI Communities, Inc. operates as a lifestyle community developer and luxury homebuilder in Florida. The company operates in three segments: Homebuilding, Real Estate Services, and Amenities. The Homebuilding segment designs, builds, and sells single and multi-family homes, including luxury high-rise tower units targeting move-up, second-home, and active adult buyers. The Real Estate Services segment provides real estate brokerage, and title insurance and settlement services comprising closing and escrow services to individuals, real estate companies, and independent mortgage lenders. This segment also acts as a title agent for various national underwriters. The Amenities segment constructs,...

24301 Walden Center Drive

Bonita Springs, FL 34134

United States

Founded in 1946

689 Employees

Phone:

239-947-2600

Key Executives for WCI Communities, Inc.

Chief Executive Officer, President and Director
Age: 52
Chief Financial Officer and Senior Vice President
Age: 43
Senior VP of Real Estate Svcs, CEO of Watermark Realty Inc and President of Watermark Realty Inc
Age: 54
Senior Vice President of Homebuilding & Development and President of North Region
Age: 58
Senior Vice President of Homebuilding & Development and President of South Region
Age: 47
Compensation as of Fiscal Year 2016.

WCI Communities, Inc. Key Developments

WCI Seeks Acquisitions

A subsidiary of Lennar Corporation (NYSE:LEN) has snapped up acreage in a new development on the Westshore waterfront with plans to acquire more land in the development by 2018. WCI Communities, Inc. is planning 35 luxury townhouses on that site, the first for-sale product planned in the district. WCI is planning to take a much larger position in the district in the coming months. WCI said it is under contract on another site for $12 million and plans to close 9.5 additional acres of waterfront land by early 2018.

WCI Communities, Inc. Files Form 15

WCI Communities, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.

NYSE Notifies SEC Of Its Intention To Remove Entire Class Of WCI Communities Common Stock From Listing

On February 15, 2017, New York Stock Exchange LLC (NYSE) notified the Securities and Exchange Commission (SEC) of its intention to remove the entire class of WCI Communities, Inc. (Company) common stock from listing and registration on the NYSE effective at the opening of business on February 27, 2017. The NYSE made this notification by filing with the SEC a Notification of Removal from Listing and Registration on Form 25.

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