All eyes are on Lennar’s forthcoming 10-K filing, maybe as soon as Thursday, as a wave of investor questions converges around one central issue: How much financial risk – recognized or not – sits inside the company’s land-light strategy? In recent days, that question has pitched from a routine analyst inquiry into a whirlwind of […]
Lennar land bank exposure under the microscope Read More »
QXO, a leading distributor of roofing products and building materials, is nearing another acquisition as part of a game plan to disrupt and consolidate the fragmented $800 billion building products industry and reach $50 billion in annual revenue in five or so years. By reshaping an unconsolidated marketplace and capturing a much larger share of
What QXO’s $1.2 billion investment means for the fragmented building materials industry Read More »
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a $250 million funding round led by General Catalyst and GID, with participation from United Wholesale Mortgage (UWM), the nation’s largest mortgage lender. The funding brings Bilt’s valuation to $10.75 billion and will fuel expansion across the broader
Bilt raises $250M to expand into mortgages, with backing from UWM Read More »
Private equity firm GTCR announced on Tuesday that it has made a significant investment in national real estate analytics and data solutions company Clear Capital. As part of the investment, GTCR is partnering with Clear Capital co-founder and CEO Duane Andrews. The transaction represents Clear Capital’s first outside investment, with GTCR becoming the company’s majority
GTCR announces investment in Clear Capital Read More »