Building Tech & Products 05.21.21
The capability challenge, our Dream Team posits, can only be solved through the embrace of data, technology, process and a pivot to collaboration in a dog-eat-dog culture.
Patrick Zalupski's latest coup -- landing a $475 million deal for Texas powerhouse MHI Partners -- underscores a meteoric rise to multiregional relevance as a homebuilding power player.
"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."
Fresh Pew Research affirms a mindset shift toward bigger, less dense, houses, versus walkable access to neighborhood retail, food, health, and entertainment connections. Two big questions here.
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.
An underlying, strategically critical question for market-rate housing leaders: How geared are their organizations, designs, land plans, and price offerings for 'explosive' diversity in household composition?
How powerfully will the blended allure of desirably-priced housing and liberation from a daily commute move people to move, predictably?
The Wall Street Journal/Realtor.com emerging housing markets index for the Summer of '21 heatmaps pandemic-era boomtowns.
Broad sweep of Census divisions highlights macro migration magnets, spotlighting natural appeal, affordability, and tech augmented job center mobility.
Here's why a Q4 surge in private-to-private, private-to-public, and private-to-financial buyer deals will take homebuilder consolidation to a next level.