AMREP CORP.

AMREP CORP.

Now I have enough information to write the company overview. Based on my research, AMREP Corp is a land developer and homebuilder primarily operating in New Mexico with significant land holdings and mineral rights. AMREP Corporation (CIK 6207, ticker AXR) is a land subdivider and developer with a primary focus on real estate development and residential homebuilding in New Mexico, particularly in the Rio Rancho region. The company owns approximately 55,000 surface acres in Sandoval County and operates through two main segments: land development and homebuilding. In its land development operations, AMREP acquires and develops land, obtains governmental and environmental approvals, installs utilities and infrastructure, and sells developed and undeveloped lots to homebuilders and commercial developers. Its homebuilding division constructs single-family and attached homes with various floor plans and elevations. The company also holds valuable mineral rights beneath its land holdings, providing additional revenue streams. Like other land developers and homebuilders, AMREP faces material risks from regulatory changes in environmental permitting, real estate market fluctuations, and local zoning regulations that affect development timelines and profitability. Investors can view AMREP's latest SEC filings and Form 10-Q submissions on Earnings Feed to monitor the company's financial performance and regulatory disclosures.