Beazer refinancing raises Dream Finders deal cost by $53 million

For weeks, a central question surrounding Dream Finders Homes‘ pursuit of Beazer Homes has been unambiguous: Will Dream Finders’ offer for the company and its public relations campaign be enough to convince Beazer shareholders that a sale should occur? A just-completed debt refinancing by Beazer Homes likely raises the cost of any acquisition of Beazer. […]

Builders slow starts in May to rebalance pricing and incentives

Builders slow starts in May to rebalance pricing and incentives
The real story in today’s Monthly New Residential Construction release from the Census Bureau isn’t a collapse in construction. It’s a production strategy that took shape months ago. Headlines – and their sibling, “headline risk” –don’t enjoy a particularly good reputation among most homebuilding business executives who have chosen to talk with and listen to […]

Why hazard insurance is becoming a housing market constraint

Why hazard insurance is becoming a housing market constraint
The U.S. needs a new strategy to address the significant recovery costs following large-scale disasters  Disasters such as fires, floods and tornadoes are striking a widening geographic area across our country, and their frequency appears to be rising. The cobbled-together framework of consumers’ hazard insurance policies, state insurance programs, the national flood insurance program, and […]

Colorado’s Drive It Home financing kicks off with affordable condos

A small condominium project in Denver’s West Colfax neighborhood may be the best evidence yet that Colorado’s housing reforms are producing real results. The Colorado Housing and Finance Authority this month closed a $5.7 million low-interest construction loan for Wolff Street Flats, a 23-unit affordable for-sale development by Osina Development and Modus Real Estate. It […]