MIAMI-Things are looking up for Century Builders Group. The South Florida developer of townhomes and single-family residences is showing a nine-month profit of $1.26 million or three cents per share on revenue of $50.5 million. A year ago at this time, the company was in red ink, showing a loss of $2.42 million or a loss of six cents a share on nine-month sales of $39.54 million.

The locally-based builder had third-quarter net income of $122,225 or less than one cent a share on revenue of $13 million. That compares with a net loss of $505,674 or one cent a share on sales of $13.5 million in third quarter 1999. The company’s stock is trading in the 69 cents-per-share range on the Over the Counter exchange.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.