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.
Leadership
Behind The Headlines: The Sekisui House-Chesmar $514 Mil Combo
The year's largest M&A deal yet, and the largest publicly-disclosed private company valuation since 2012 makes for a story about new beginnings rather than the end of a cycle.
Together with
Builder Advisor Group
Land
Build-To-Rent Diamonds In The Rough: Product, Place, Timing
The Builder's Daily unpacks a recent Phoenix-area build-to-rent $186 million two-asset deal to underscore what sets these high-stakes build-to-rent ventures apart from one another in a more adverse financial environment.
Leadership
A Price-To-Market Chapter Begins To Reset The Back Half Of 2022
Just the way builders revolutionized a tech-enabled, friction-freer homebuyer experience in Spring 2020, they now face the need to transform their product development and build-cycle for a higher-interest rate new normal.
Capital
The 'Everybody's-A-Winner' Era In Build-To-Rent Gets A Stress Test
All single-family built-to-rent deals, communities, and prospects for success are not equal. As the for-sale market gets tougher, product, location, process, and pro forma will create BTR winners and losers.
Land
Banking On Uncertainty, Builders Brace For Rougher, Iffy Conditions
Taking a page from past cyclical practices more builders, brokers, sellers, and investors engage in 'banking' lots for demand conditions that could go either way.
