Japan’s Sekisui House To Acquire Woodside Homes

Builder Online

By John McManus –

The owners of Woodside Homes have agreed to sell the 40-year old entity, ranked 27 in the Builder 100, to Japan’s largest home building enterprise Sekisui House in a deal with an estimated value in excess of $468 million. The transaction–which transfers ownership of all shares of the company including equity interests of BUILDER parent-company Hanley Wood majority owners Oaktree AC (35.7%), Stonehill Institutional Partners (33.4%) and 12 other “owners” whose stakes total 30.9%–is set to close March 1.

Read More

Previous KB Opens Two New Southern California Communities
Next Orange County Homebuilding Soared in 2016

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Todd Palmaer Named CEO and President of RSI Communities

Industry veteran, Todd Palmaer, who recently served as a Regional President for Standard Pacific Homes, has been named as the CEO and President of RSI Communities based out of Newport

Homebuilders / Land Developers

Homebuilder Confidence Up

The NAHB Homebuilder Confidence Index moved up to 58 in November from 54 in October which marks the second-highest figure since the peak of the market in 2005. Builders nationally