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Financial terms of the agreement were not Del Webb specializes in building communities for people age 55 and Carolina Preserve comprises morethan 1,200 homes and a 34,000-square-foot Auburn Hills, Mich.-based LandArc is a Detroit-area neighborr of Pulte Homes and has workedx on Del Webb communities in other partd of the country. “LandArc was selected to manages our Del Webb communityu because of their commitment to the successz of activelifestyle communities,” said Stevde Schlageter, president of Pulte’s Raleigh division. “LandArc understands that delivering excelleng service and lifestyle advantages to our customers is a high priorityt forDel Webb.
” Pulte PHM) that it would buy rival CTX) in a $3.1 billion deal that woul d create the nation’s largest home builder and combine two of the threde most prolific builders in the Raleigh-Durham
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