This week, Florida-based builder Dream Finders Homes filed with the U.S. Securities and Exchange Commission to raise $100 million in an initial public offering. Dream Finders Homes builds in the Jacksonville, Orlando, Denver, Washington, DC, and Austin markets. In October of this year, the builder acquired H&H Homes, which allowed for an expansion into the Charlotte and Raleigh markets. The builder constructs single-family entry-level homes, along with first-time move-up and second-time move-up homes. Along with building, the company offers title insurance and mortgage banking solutions.
The Jacksonville, FL-based company was founded in 2008 and booked $1.2 billion in revenue for the 12 months ended September 30, 2020. It plans to list on the Nasdaq under the symbol DFH. Dream Finders Homes filed confidentially on October 13, 2020. BofA Securities, RBC Capital Markets and BTIG are the joint bookrunners on the deal. No pricing terms were disclosed.
Advertisement
Related Stories
Forty Under 40
2024 Forty Under 40 Nomination Form
Help us recognize the rising stars, innovators, and game-changers in the housing industry!
Market Data + Trends
Housing Market Index Shows Builder Sentiment Continues to Rise
In March, builder confidence in the market for newly built single-family homes hit its highest level since July 2023
NAHB
Overcoming Challenges, Celebrating Victories
NAHB Chairman's Message: 2023 was a challenging year for home building, but among the challenges, there were many victories as well