Homebuilders / Land Developers
City Ventures Withdraws IPO
Prolific Newport Beach-based private developer/builder, City Ventures, withdraws $150M IPO plans. While homebuilder stocks have rallied over the past month on news of potential changes in mortgage regulations, the overall
Industry Veteran Tom Grable Promoted to Division President
Long-time homebuilding industry veteran Tom Grable is promoted to Southern California Division President of TRI Pointe Homes. With TRI Pointe’s merger with Weyerhauser’s homebuilding operations earlier this year, Tom takes
Lennar Begins Construction on 450-Unit Rental Project in West Covina
One of the nation’s largest homebuilders, Lennar, commences construction on a 450-unit mixed-use project in West Covina. As one of eight projects in their Southern California multi-family portfolio, it appears
Small Cap Homebuilder UCP Positioned for Buyout
In this article by Seeking Alpha, the contention is made that the landholdings of the publicly-traded homebuilder, UCP, the bulk of which was acquired in the downturn, is being carried
Homebuilder Confidence Strong
The National Association of Homebuilders reported, on Wednesday, September 18th, that its builder confidence index was at a nine-year high of 59. From the perspective of the builders, it appears
Toll Doubles Profit in 3Q 2104, Stock Drops?
Although the current quarter was a strong one for Toll primarily due to its ability to compress overhead and selling expenses, the stock took a hit as a result of
Deal Flow
Builder Online provides a summary of all the M&A activity nationally that has taken place in the homebuilding sector. Read more
Asian Invasion
If you haven’t heard of Landsea yet, sounds like you probably will. One of China’s largest homebuilders proclaims that it will invest more than $1B into the US housing market.
Homebuilder Seizes Upon a Niche Market Rental Opportunity
MBK Homes, who’s primary business has been for-sale housing, gets ready to open a rental community in the Carmel Valley area of San Diego with product more akin to for-sale
Deal Catapults Irvine Builder into Ranks of Nation’s Largest Builders
From start-up to behemoth, in five short years Irvine-based TRI Pointe homes catapults itself into the ranks of the nation’s largest builders (by unit closing volume) through its $2.8B merger
