Last month, I attended NAHB’s midyear meeting in Miami and had the pleasure of sitting in on a presentation by Daniel Swift, president and CEO of Des Moines-based architecture group BSB Design.
Taylor Morrison IPO raises $526 million
Scottsdale, Ariz.-based Taylor Morrison raised $526 million in its initial public offering of 28.6 million shares. Analysts say interest in the home builder's shares indicates investors’ demand to cash in on the nation’s housing recovery.
Shares of Taylor Morrison Homes debuted on the New York Stock Exchange on April 10, posting a 4.7 percent price increase in its first day of trading.