Capital
Forestar Plans $2B Land Acquisition Investment for FY2025
•Source: Forestar Investor Relations
DR Horton subsidiary Forestar Group announces plans to invest approximately $2 billion in land acquisition and development for fiscal year 2025.
Forestar Group, majority-owned by DR Horton, has outlined an aggressive $2 billion land acquisition and development plan for fiscal 2025. In Q1 alone, the company invested $685 million in land and development, a 50% increase year-over-year. The company ended the quarter with 106,000 lots in its pipeline, up 29% from the previous year.