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
The 5th Cycle: Frank Anton On Housing's Law Of Gravity
What-if? The question few housing business stakeholders care to factor into their forecasts right now is what happens when -- not if -- interest rates spike?
Leadership
Stop Saying 'Labor Shortage;' Focus On Talent Magnetism
Solving American homebuilding's biggest challenges -- attainability, sustainability, and next generation talent -- may seem impossible. Left with no choice, we'll rally.
Land
PE Firms Bring Buy-Now-Pay-Later Gambit To Land Wargames
"Some of these deals today will be the big distressed deal plays of tomorrow." -- A strategic land pro describes private equity blitz into build-for-rent as "extraordinarily risky."
Capital
Throughput Delays Crush Private Homebuilders' Cashflow
As constructus interruptus disrupts building cycles, privately capitalized operators hold little leverage for continued access to lines of credit, construction-to-perm loans, and project financing.
Leadership
Daiwa House Dials In Texas: $400M For 80% Of Castlerock
Here's the 411 on 2021's largest homebuilding mergers and acquisition deal to date, giving Japan-based Daiwa House the fast-growing strategic puzzle piece its $3.6 billion goal calls for now.
