"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."
Clashing land valuation models -- IRR vs. gross and net yield REIT valuations -- have upped the antes, raised the risks, and elevated the stakes in the residential land acquisition landscape.
Soft-landing scenarios ... we've heard them before. Here's ways leaders can control where their firms wind up coming out of price-shock bottlenecks in the months ahead.
Will the drivers that set the tone for 2020 migration patterns continue to reshape real estate strategy beyond the near-term? Or are we in limbo?
It's musical chairs time in residential land acquisition and development, with more contestants in the game, surging unmet need for shelter, and a lot to gain for the winners.
Now, three strategically-joined operators stretch coast-to-coast, and are poised to grow the business into one of homebuilding's 15 leading enterprises. An exclusive interview with CastleRock EVP Lance Wright.
Here's The Builder's Daily perspective on the latest strategic deal in a mergers and acquisition feeding frenzy whose pace won't likely abate before year-end.