Articles Tagged with ''Homebuilders''

Home Depot donates $50 million to fix construction shortage

Dedicates funds to train construction workers
As the construction labor shortage continues to hold back new home construction and even worsen the current housing inventory shortage, Home Depot announced its plan to help resolve the shortage. The company announced it will dedicate $50 million to fix the construction shortage – here’s how.
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Florida homebuilder Park Square Homes partners with FBC Mortgage to launch mortgage firm

PSH Mortgage will offer mortgages to Park Square homebuyers
For at least the third time in as many months, a homebuilder is partnering with a mortgage company to offer mortgage lending services to homebuyers. Florida’s Park Square Homes announced Monday that it is forming a joint venture with FBC Mortgage to provide mortgages to Park Square’s buyers.
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From HW Magazine

Changing demographics fuel the rise of multigenerational living

How builders are capitalizing on the growing trend
[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.
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CalAtlantic Homes continues growth with acquisition of Utah’s Candlelight Homes

CalAtlantic set to merge with Lennar to create nation’s largest homebuilder
CalAtlantic Homes, which is set to be acquired by Lennar in a $9.3 billion deal that will create the nation’s largest homebuilder, is not done acquiring other homebuilders yet. The homebuilder announced that it acquired the homebuilding operations of Utah’s Candlelight Homes.
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Beazer Homes expanding homebuilding operations in Carolinas

Buys hundreds of sites in $29 million deal with Bill Clark Homes
Beazer Homes, a homebuilder based in Atlanta, is set to expand its homebuilding operations in North and South Carolina thanks to a $29 million deal with Bill Clark Homes, a private homebuilder that operates in the Carolinas. Here are the details.
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CalAtlantic Homes boosts Atlanta presence by acquiring of Home South Communities

CalAtlantic set to be acquired by Lennar
CalAtlantic Homes, which is set to be acquired by Lennar in the first quarter of 2018 in a $9.3 billion deal, is doing some acquiring of its own. CalAtlantic announced this week that it is increasing its footprint in the Atlanta market by acquiring Home South Communities, one of the largest privately held homebuilders in the Atlanta metro market.
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