Capital
Land, Capital, And Control — A New Playbook In Homebuilding
Five Point Holdings’ acquisition of a controlling stake in Hearthstone points to the direction of homebuilding strategy: toward lighter land positions, more agile capital flows, and a far more disciplined focus on vertical construction, consumer targeting, and time-to-market velocity.
Leadership
C-Level Set: Homebuilding's Top Strategists' 2022 Pay Packages
20 public homebuilding companies' chief strategists -- 28 C-suite executives in all -- earned $424 million in 2022 cash, stock, options, perq compensation. Here's how they come out in The Builder's Daily rankings.
Together with
FTS
Leadership
Here's How One Private Builder Gets Ready For Whatever's Next
Wade McGuinn, principal owner of Columbia, S.C.-based McGuinn Hybrid Homes, shares a view of operational readiness and resilience for a continued period of "knowns, unknowns, and unknown unknowns."
Capital
Leveling The Field: How Outlier Local Builders Can Win On Land
Land deals are out there to be had. Getting them to pencil — especially with upward or downward pricing flexility in the mix — puts capital and its cost in focus.
Together with
SNAP.BUILD
Leadership
The 'Lennar Machine,' A Cycle-Proof Growth Plan Proves Itself
The Machine's central implication for Lennar as one of the leading $30-billion-plus competitors in its markets is as a pace and production-first operator that models growth and profitability around those tenets as imperatives.
Land
Will Spring's Green Shoots Take Firm Root In A Higher-Rate Era?
After today's expected Fed pause and plans to continue to raise its funds rate twice more this year, the stress tests -- on consumer households, employers, and financial markets -- will continue to try to shock them into capitulation.