Apply Online
Schedule a Call

The Builder’s Daily

QXO announces additional $1.8 billion raise for deal war chest

Construction, Mergers and Acquisitions, The Builder's Daily /

QXO today announced an additional funding round to support its next acquisition(s), as the firm aims to disrupt and consolidate the highly fragmented $800 billion building products industry.  The company’s $1.2 billion investment made public last week now totals $3 billion, with an additional $1.8 billion in funding from Apollo, Temasek, and other investors announced […]

QXO announces additional $1.8 billion raise for deal war chest Read More »

Mamdani notches a loss in opening gambit to take on NYC landlords

Affordability, Affordable housing, Policy, Rent Prices, Renters, The Builder's Daily /

New York City Mayor Zohran Mamdani suffered defeat in his first skirmish with multifamily property owners as part of a strategic war to remake the city’s rent-stabilized housing.​ On Friday, Summit Properties USA became the winning bidder for more than 5,000 rent-regulated units owned by bankrupt Pinnacle Development Group. The sale went through despite Mamdani’s

Mamdani notches a loss in opening gambit to take on NYC landlords Read More »

Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt

Construction, homebuilder, Homebuilders, Housing Starts, Leadership, The Builder's Daily /

Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming — Sun Belt and Mountain West markets. Builders

Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt Read More »

Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman

homebuilder, Leadership, Team Leaders, The Builder's Daily, Toll Brothers /

Toll Brothers announced on Wednesday that Karl Mistry will be the company’s next CEO, replacing Doug Yearley, who will transition to the role of Executive Chairman of the Board on March 30.  Mistry will take the helm at a time when Toll Brothers is leaning on its resilient, high-income buyers to navigate homebuilding’s headwinds.  He

Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman Read More »

Taylor Morrison leads most-trusted rankings for 11th year in 2026

Homebuilders, Leadership, Marketing, Residential Real Estate, The Builder's Daily /

For the past five-plus years up to this very day, an 800-lb gorilla takes a seat at the table at every meeting in every Taylor Morrison conference room in every one of the organization’s offices. From its Scottsdale, AZ headquarters, to its three national operating regions, to its divisional hubs in 20 markets across 12

Taylor Morrison leads most-trusted rankings for 11th year in 2026 Read More »

Lennar sells majority stake in multifamily business, signaling strategic shift

homebuilder, Homebuilders, Lennar, Multifamily, Multifamily Housing, The Builder's Daily /

Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as the builder’s multifamily business struggled with a sizeable net loss last year. In fiscal 2025, Lennar’s multifamily business experienced an operating loss of

Lennar sells majority stake in multifamily business, signaling strategic shift Read More »

Maryland bids for deeper reforms to address housing affordability

Affordable housing, Policy, Reform, The Builder's Daily, Zoning /

Maryland Gov. Wes Moore on Tuesday rolled out a trio of housing bills that push his state deeper into the trenches of a national fight over affordability and land use.​ Set for introduction when the new General Assembly session starts next week in Annapolis, the Governor’s proposals would jump‑start construction near transit, legalize smaller starter

Maryland bids for deeper reforms to address housing affordability Read More »

What QXO’s $1.2 billion investment means for the fragmented building materials industry

Construction, Investment, Mergers and Acquisitions, Products, The Builder's Daily /

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 »

Apollo’s $1.2B bet on QXO tests data limits in building materials

Construction, Homebuilders, Products, The Builder's Daily /

Apollo Global Management affiliates announced yesterday a $1.2 billion investment in QXO. QXO CEO Brad Jacobs–after building an array of successful distribution companies in logistics and equipment rental–entered the construction industry by acquiring Beacon Roofing Supply in April 2025.  He’s told shareholders he has a $50 billion revenue target over the next decade and has

Apollo’s $1.2B bet on QXO tests data limits in building materials Read More »

Learning, capital, and demand: The critical levers for homebuilders in 2026

Homebuilders, Leadership, Residential Real Estate, Strategic Advantage, The Builder's Daily /

Many owners, presidents, CEOs, and business leaders we’ve gotten to know over the years at America’s homebuilding firms begin and end each day by turning on the lights, making coffee, and setting out to improve at least three aspects of their operations. January 5, 2026. January 6, 2026. January 31, 2026. And eventually, on December

Learning, capital, and demand: The critical levers for homebuilders in 2026 Read More »