TBD Capital
From debt and lending to equity and strategic investment, how housing-as-a-solution drives financial equity expansion and growth.
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.
Capital
Will The Green Shoots Of April Take Root And Flourish Or Not?
"It depends," Dr. Shiller replied, in the shape of the shrug. "I don't know," he said, still in the shape of the shrug. He finally shook it off, adding, "And if anybody tells you they know the answer to that, they're lying."
Capital
Homebuilding's Newest Public Goes Live Day One On Nasdaq
While it took more work and time to cross the finish line as a listed enterprise, the premise and promise of Columbia, S.C.-based United Homes Group, up-to-now a regional powerhouse, remains undeterred and poised for a launch.
Capital
Spring Thaw Beats Expectations But Are Sales Gains For Keeps?
Accounting for at least some of the lift, builders' now widely-practiced monthly payment value proposition has served as a reliable workhorse, especially since those who have very good reasons to buy a home have so little else to consider.
Land
Underwriting In A New World Order Of Higher-Longer Rates
Determine “what’s the bet?” What are we really banking on or believing in that leads us to do this deal? You can’t answer this question rigorously unless you are ruthlessly honest in your pro formas. -- A Scott Cox MasterClass
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New Home Star
Capital
Pressure's Intensifying On Housing Innovation Start-Ups To Prove Out Promises
This is Part 1 of a three-part TBD exploration of follow-on impacts of a post-low interest rate era on housing's start-up venture pioneers in construction and real estate.
