LGI Homes Introduces Five New Floor Plans at Knights Bridge in Richburg, SC
RICHBURG, S.C., June 17, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the release of five brand-new floor plans at Knights Bridge, its thriving new-home community located off I-77 just south of Rock Hill in Richburg, South Carolina.
'We're excited to unveil our enhanced floor plans at Knights Bridge, now offering five brand-new designs filled with premium upgrades - all in the same exceptional location our buyers already love. We are confident that Knights Bridge will continue to be a top choice for homebuyers seeking both quality and convenience,' stated Chris Cositore, Vice President of Sales at LGI Homes.
The expansion of home offerings at Knights Bridge include diverse new layouts to meet the growing demand of buyers in the area. The newly introduced floor plans offer a range of options to suit varying needs and lifestyles.
The Blanco is a three-bedroom, two-bathroom home spanning 1,316 square feet, featuring a cozy, open-concept design perfect for families or first-time buyers. Pricing starts at $313,900.
The Cary, a spacious one-story home with three bedrooms, two-and-a-half bathrooms, and 1,552 square feet, offers an open-concept layout perfect for hosting. The Cary floor plans start at $321,900.
The Carolina offers three bedrooms and two-and-a-half bathrooms across 1,700 square feet, with a spacious two-story layout and a covered back patio, perfect for enjoying evenings in the back yard. The Carolina is priced starting at $329,900
For those seeking additional room, the Avery delivers 1,800 square feet of bright, open living space with three bedrooms and two-and-a-half bathrooms. The Avery floor plan starts at $338,900.
Finally, coming soon, the Graham is the most expansive of the new offerings, featuring four bedrooms, two-and-a-half bathrooms, and 2,218 square feet, providing generous living areas and a game room, ideal for larger households. Pricing for the Graham will be announced later this summer.
Homes at Knights Bridge include LGI's CompleteHome™ package, offering style, efficiency, and convenience. Each home features stainless steel Whirlpool® appliances, granite countertops, luxury vinyl plank flooring, and upper wood cabinets with crown molding. The package also includes front yard landscaping, designer lighting, and a stylish front door for added curb appeal. Energy-saving features like LED lighting, double-pane Low-E windows, and a programmable thermostat are built in, along with smart-home touches such as USB outlets and a Wi-Fi-enabled garage door opener.
Knights Bridge offers fantastic amenities such as a children's playground, dog park, and covered picnic pavilion. Located near shopping, dining, and the Catawba River, Knights Bridge provides a quiet, wooded setting with easy access to Charlotte and Rock Hill, making it a peaceful and convenient place to call home.
To learn more about the new floor plans or to schedule a private tour of Knights Bridge, interested homebuyers are encouraged to call (866) 888-6764 ext. 295 or visit LGIHomes.com/KnightsBridge.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America's fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek's list of the World's Most Trustworthy Companies. LGI Homes' commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company's website at www.lgihomes.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
34 minutes ago
- CTV News
B.C. Realtor's licence cancelled over ‘deceptive and underhanded' conduct
Real estate sale signage is shown on a street in Oakville, Ont., west of Toronto, on Thursday, Nov.7, 2024. (Richard Buchan / The Canadian Press) A B.C. Realtor who lost a court case against a former client earlier this year has now had his licence cancelled by the provincial real estate regulator. Alan Hu and his Personal Real Estate Corporation recently entered a consent order agreement with the B.C. Financial Services Authority, in which they agreed to pay a $120,000 fine and have their licences cancelled. The penalties stem from the same incident that led to a court decision against Hu in January, in which B.C. Supreme Court Justice Amy D. Francis found Hu had 'intentionally undermined' his client Pei Hua Zhong by purchasing for himself the Surrey home that Zhong had made an offer to buy. Francis' decision in the case describes Hu's conduct as 'deceptive and underhanded' – a description that is repeated in the consent order document published on the BCFSA website Friday. What happened The court case revolved around Zhong's attempts to purchase a property on 174 Street near 20 Avenue in Surrey. The one-acre parcel had an assessed value of just over $3 million for 2025, according to BC Assessment. 174 Street property in South Surrey The property at the centre of the lawsuit is seen in this 2011 photo from BC Assessment. ( Zhong met Hu in November 2017 and hired the Realtor to facilitate both the sale of his home on Poplar Drive and the purchase of a new home, according to the court decision. Through Hu, Zhong made two offers to purchase the 174 Street property. The first, for $2.1 million, was accepted, but expired when Zhong was unable to sell his home in time to raise the necessary funds for the down payment. While the first offer was expiring in late December 2017, Hu was in Las Vegas with his wife and another couple – Lingxia Tao and her husband Zhi Chen. According to the decision, what exactly was discussed between the parties in Las Vegas was disputed during the court proceedings, but the end result was that Tao made an offer on the 174 Street property for slightly less than $2.1 million, which was accepted, while Zhong made a new offer of $2.05 million, which was rejected. Two weeks later, Tao assigned her contract to purchase the property to Hu, who ultimately completed the transaction. Hu later sold the property in September 2021 for $3.35 million – a profit of more than $1.2 million over what he had paid when he assumed Tao's contract less than four years earlier. Francis ruled in Zhong's favour, ordering Hu to 'disgorge' his portion of the profits, a number that remained unspecified in the court decision because of ongoing litigation between Hu and Tao over their purported agreement to invest in real estate together. Regulator-imposed consequences The BCFSA consent order details these same circumstances, albeit with the names of the other parties and the address of the property redacted. According to the document, Hu's client (Zhong) learned that Hu was the owner of the property when he performed a title search in September 2021. Zhong filed his civil lawsuit in January 2022. In April of that year, he submitted a complaint to the BCFSA, the consent order indicates. The document notes that Hu made false statements to BCFSA investigators about his agreement with Tao and falsely claimed that he had offered Zhong the opportunity to take the assignment of the contract to buy the 174 Street property. He later admitted during the trial that he had never told Zhong about the assignment. Hu also failed to notify the BCFSA when the B.C. Supreme Court judgment against him was issued earlier this year, according to the consent order. In the agreement, Hu admits to a lengthy list of conduct unbecoming of a licensee and professional misconduct, including: Failing to act honestly in providing real estate services Failing to disclose 'all known material information' to a client Failing to maintain the client's confidentiality Failing to act in the best interests of the client Failing to take reasonable steps to avoid a conflict of interest Failing to promptly and fully disclose a conflict of interest to a client Providing trading services outside of the brokerage with which he and his PREC were licensed Collecting funds in relation to the purchase of a property without promptly remitting the money to his brokerage Failing to keep the brokerage's managing broker informed of the assignment contract Failing to promptly notify the BCFSA of the court judgment Failing or refusing to co-operate with an investigation And making false or misleading statements in relation to an investigation Hu and his company admitted this misconduct and agreed to the cancellation of their licences. They are jointly required to pay the $120,000 fine within six months of signing the consent order agreement. 'Real estate licensees have an enshrined duty to act in the best interests of their client, and Hu's actions ran wholly contrary to that duty,' said Jon Vandall, the BCFSA's senior vice-president of compliance and enforcement, in a news release issued Friday. 'Hu undermined his own client for personal gain and demonstrated a clear disregard for the established ethical expectations for licensees. The significant penalty issued to Hu, including the outright cancellation of his real estate licence, reflects the severity of Hu's actions.'
Globe and Mail
an hour ago
- Globe and Mail
Iran-Israel Conflict Escalates: Boon for ExxonMobil's E&P Business?
The West Texas Intermediate crude price is currently nearing the $75-per-barrel benchmark, representing a significant improvement from $60.79 on May 30, thanks to the escalating tensions between Iran and Israel. This is a boon for Exxon Mobil Corporation 's XOM exploration and production (E&P) activities, as upstream operations are positively correlated with oil prices. Crude price data are as per In other words, with ExxonMobil generating the majority of its earnings from upstream operations, almost 88% in the first quarter of 2025, the rise in oil price is a positive development for its E&P business, aiding its bottom line. Delving into the large integrated energy player's upstream business, XOM has a strong footprint in the oil-rich Permian, the most prolific basin in the United States. With operations spread across the low-cost basin, the high oil price will likely generate significant cash flows for XOM. To describe XOM's strong focus on the Permian, the energy giant acquired Pioneer Natural Resources, with integration progressing well, and the company has revised its annual synergy estimates upward from $2 billion to $3 billion for the first decade. Thus, strong Permian operations amid the favorable crude pricing environment are aiding ExxonMobil. Are CVX & BP Also Gaining From High Oil Prices? Both Chevron Corporation CVX and BP plc BP generate significant earnings from their upstream operations, and hence, they benefit from higher oil prices. In the Permian, Chevron's operations cover approximately 1.8 million net acres within the sub-basins of Delaware and Midland. Being a major player in the region, CVX's breakeven costs are also low. Hence, it can generate handsome cashflow from a high crude pricing environment. In the first quarter of this year, CVX mentioned that Permian primarily aided its production volumes. BP also has a solid upstream operation, comprising a top-tier oil and gas business in attractive basins. BP is also a low-cost producer. The British energy giant claimed that it has been able to keep the cost of producing oil very low. Thus, BP is among the lowest-cost producers in the industry to capitalize on increasing oil prices. XOM's Price Performance, Valuation & Estimates Shares of XOM have gained 7.9% over the past year, outpacing the 3.7% improvement of the composite stocks belonging to the industry. From a valuation standpoint, XOM trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 7.06X. This is above the broader industry average of 4.26X. The Zacks Consensus Estimate for XOM's 2025 earnings hasn't been revised over the past seven days. XOM stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP): Free Stock Analysis Report Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Globe and Mail
an hour ago
- Globe and Mail
IHT Q1 HOTEL REVENUES EXCEED $2.2 MILLION; IBC MANAGEMENT OBTAINED
Phoenix, AZ, June 20, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $2 million once again in the First Fiscal Quarter of 2026, (February 1, 2025, to April 30, 2025), with Total Revenue of approximately $2.2 million. Consolidated Net Income before non-cash depreciation expense was $221,330 for the 2026 First Fiscal Quarter ended April 30, 2025 (February 1, 2025, through April 30, 2025). Total Consolidated Fiscal First Quarter Net Income remained positive, at $39,030. IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025, and are contributing to a solid start in the current 2026 Fiscal Year. Combined Hotel May Revenue for both hotels was a notable $632,584, which has led to another remarkable Hotel Revenue amount of $2,838,347 for the first four Fiscal Months of Fiscal Year 2026. These are positive signs for InnSuites, as progress continues strong, while the Travel Industry in general, flattens. InnSuites Hospitality Trust (IHT), in late 2019, made a diversification investment in new development privately held UniGen Power, Inc. (UniGen), a company developing a patented, high profit potential, efficient clean energy generation innovation. With the continued strong demand from data centers, and added influx and popularity of electric cars, as well as growing projections for artificial intelligence, demand for electricity over the next five years is projected to approximately double. IHT holds convertible bonds and warrants that, if fully exercised, could result in IHT holding an approximately up to 15-20% or more ownership stake in UniGen. UniGen is currently concentrating on its next round of capital raising, in which IHT may participate. UniGen is a high-risk, clean, efficient, diversification investment, offering high potential investment return if and when successful. RRF LLLP, the Management Company for IHT, has recently become the Management Company for InnDependent Boutique Collection (IBC Hotels, LLC). This is another new diversification opportunity IHT may participate in further, in the future. In the process of ownership and management of branded and unbranded hotels, IHT recognized an unfulfilled need to provide hotel reservations, branding, and hotel services for global independent hotels, which at the time and still represent half the hotels in the world. In February 2014, IHT founded IBC Hotels, LLC to explore this unfulfilled opportunity, developing reservations, branding, and related hotel services doing business as 'InnDependent Boutique Collection '(IBC Hotels). Initial success in providing reservations for an IHT operated independent hotel was substantial. As this independent hotel services opportunity and the size of this potential demand was increasingly recognized in the travel industry, IBC Hotels was sold in August 2018 to a foreign hotel company planning expansion of independent hotel reservations and services internationally. The new owner added additional hotels to the reservation system, further developed, updated, and improved then-existing software, and pursued an agreement with a large international internet hotel guest source. When Covid hit in early 2020 and travel virtually briefly, but almost completely came to a standstill in March 2020, the new owner was not in a position to continue operations pausing IBC Hotels reservation services. On March 5, 2025, REF , an investment entity owned by the chairman and family of IHT majority IHT shareholder, purchased IBC Hotels, LLC, and hired RRF LLLP, the management company subsidiary of InnSuites Hospitality Trust (IHT), to manage the rebirth of IBC, to benefit from the substantial unfulfilled need worldwide for independent hotel and resort reservations, Boutique branding, and related hotel services. In the process, RRF LLLP, a 76% owned subsidiary of IHT and manager of IHT hotels, was engaged as manager of IBC obtaining a five-year option to purchase, at cost, IBC Hotels, LLC. This option is believed to provide IHT a valuable opportunity, if successful, to profit from the revitalization of InnDependent Boutique Collection (IBC Hotels). IHT management believes that due to real estate held on the books of IHT at book values believed to be significantly below current market value and due to the high clean energy and IBC diversification profit potential ahead, the IHT future looks bright. IHT's strong hotel operating results are reflected in three of the four most recent Fiscal Years profitable, even after accounting for substantial non-cash depreciation expense. Fiscal Year 2026 extended IHT's uninterrupted, continuous annual dividends to 55 years, since initial NYSE listing in 1971. Semi-annual dividends were paid February 5, 2025, and are anticipated for August 4, 2025. The IHT Annual Shareholder Meeting has been announced, and will be held at the IHT Phoenix Corporate Office, on August 14, 2025, at 1 PM. For more information, visit and Forward-Looking Statements With the exception of historical information, matters discussed in this news release may include 'forward-looking statements' within the meaning of the federal securities laws. All statements regarding IHT's review and exploration of potential strategic, operational, and structural alternative diversification investments, and expected associated costs and benefits are forward-looking. Actual developments and business decisions may differ materially from those expressed or implied by such forward-looking statements. Important factors, among others, that could cause IHT's actual results and future actions to differ materially from those described in forward-looking statements include economic effects of tariffs, the uncertain outcome, impact, effects and results of IHT's success in finding qualified purchasers for its hospitality real estate, or a reverse merger partner, the success of additional financing and timing of the UniGen clean energy, IBC, and other potential diversification innovations, the continuation of semi-annual dividends in the year(s) ahead, collections of receivables, and other risks discussed in IHT's SEC filings. IHT expressly disclaims any obligation to update any forward-looking statement contained in this news release to reflect events or circumstances that may arise after the date hereof, all of which are expressly qualified by the foregoing, other than as required by applicable law. FOR FURTHER INFORMATION: Marc Berg, Executive Vice President 602-944-1500 email: mberg@ INNSUITES HOTEL CENTRE 1730 E. NORTHERN AVENUE, #122 Phoenix, Arizona 85020 Phone: 602-944-1500
