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.
"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.
TBD's exclusive analysis of a homebuilder M&A transaction that bears not just on the future of one of the industry's premium operators, but on what happens next in a business environment shrouded in uncertainty.
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.
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.