Land Takes Primacy in Homebuilder M&A
While the majority of M&A targets are valued based on a projected stream of future cashflows, in homebuilder M&A, asset value – that is, land value – takes center stage. In the constant battle to control the most important raw material utilized in the production of a home, M&A is another tool utilized by large homebuilders to bolster their land positions and set the stage for future growth.
About author
You might also like
Lennar Beats in Street in Fiscal Q1 2015
Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per
Brandywine Homes to Build 586-Unit Self Storage Facility in Escondido
ESCONDIDO, Calif. – December 19, 2016 – Brandywine Homes announced today that it has purchased 3.2 acres of vacant land at 2319 Cranston Drive in Escondido’s Kit Carson neighborhood and
How Will Big Builders Use $1 Billion Plus in Tax Cuts?
By John McManus Amid, in spite of, and–quite possibly–a cause factor in the sudden paroxysm of volatility roiling global stock markets, economic strength, jobs, and wage growth among American households
