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
Each 25 Basis Point Jump On 30-Year Fixed Bumps 1.3MM People
Here's why builders--betting heavily now on lots of fundamental running room for demand--are tense about interest rates.
Capital
iBuyers Defy Doubters As They Retrace Toward Former Levels
iBuyers, the vaunted proptech buyer-seller matching platforms that had barely established a footing in home sales pre-pandemic, are clawing back as a percentage of residential transactions.
Leadership
The Builder's Daily: 3 Reasons Why
Mission? Vision? Strategy? They'll all come in due time. For now, TBD is all about just being here ... with a purpose.