The year 2016 was an eventful one for home building.
In less than a decade, transplanted Californian Perry Ashby has helped change the Missoula, Mont., new home market for the better.
WCI Communities achieved the first U.S. gold-level certification from the Audubon Signature Cooperative Sanctuary Program at its Raptor Bay Golf Club in Florida.
Wayne Colmer's firm has developed and built approximately 600 homes in his 16 years as an independent builder/developer. The common thread: All the homes were built in communities where entitlements are tough to come by.
Under terms of a rolling option agreement, William Thomas Homes was required to take down finished lots under a predetermined time line. Because it owned a 50% stake in the land development company, it received the lots for half the retail markup.
The legal structures underpinning land-control deals can be confusing. We turned to a residential transaction expert, attorney Mathew A. Wyman, a partner with Cox, Castle & Nicholson LLP in Los Angeles, to sort it out.
One of the biggest impediments to doing a deal for brownfield land revolves around future liabilities and who retains that risk.
Fast-growing, land-constrained regions dominate the ranks of states with the most million-dollar homes.
Five builder-developers demonstrate a few of the many ways cash-free and cash-lean deals get done.
In exchange for managing the building and sales of all remaining units in the first two phases, Menke and Hunihan were able to control and profit from land they never owned.
Ben Anderson contacted the landowner and offered assistance in overcoming five hurdles that stood in the way of development on the site.