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Transactions

Jan. 15, 2002

NEW JERSEY DEVELOPER MOVES INTO CALIFORNIA

Red Bank, N. J.-based Hovnanian Enterprises Inc. has acquired the home-building assets of Forecast Group Limited Partnership. The deal, announced Dec. 19, is worth $206 million.

        Red Bank, N. J.-based Hovnanian Enterprises Inc. has acquired the home-building assets of Forecast Group Limited Partnership. The deal, announced Dec. 19, is worth $206 million.
        Hovnanian Enterprises builds and sells condominiums, townhouses and single-family detached houses. The company caters to first-time buyers.
        Rancho ...

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