Capital
McKinley Homes Expands to Texas with Liberty Acquisition
The deal highlights the growing importance of private-to-private partnerships in reshaping U.S. homebuilding amid rising competition — in places like Houston, especially — and evolving buyer demands.
Land
Misawa's 51% Buy Of Visionary Homes: A Theme And Variations
The combination is Misawa's second U.S. market inroad, having completed a similar deal to take a majority interest in North Texas operator Impression Homes in December 2018.
Land
The Elephant In The Land Acq Room: Underwriting For Inflation
We need to underwrite where we would operate today on present conditions, which hopefully is a floor under our speculative ceiling.
Land
Lennar's Long-Planned 'Spin' Is Set In Motion As An Asset-Light Future Arrives
This move underscores a broader trend towards the "asset-light" business model, which is now widely being adopted by major homebuilding enterprises, public and private.
Technology
Ground Control: Creating A Digital Marketplace To Move Dirt
A $100 billion-a-year lending pool to acquire and develop the ground for homesites partially supports a parallel universe $50-billion addressable market that begs for a solution to a pain point: moving dirt.
Land
'The Vision Thing' And Its Role Driving Orders In Dodgy Times
Clayton Garrett and Scott Snodgrass' Indigo business case may be their vision's power, portability, and scale. It could well be a fresh residential real estate business model in the making.