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Dream Finders (DFH) Acquires Crescent Homes, Expands in SC & TN
DFHDream Finders Homes(DFH) Zacks Investment Research·2024-02-05 18:55

Dream Finders Homes, Inc. (DFH) acquired the core homebuilding assets, Crescent Homes, of a privately held homebuilder, Crescent Ventures, LLC.The buyout will enhance DFH’s geographic footprint and help expand into the Charleston and Greenville, SC, and Nashville, TN, markets. The deal includes 457 homesites in different stages of construction, a sales order backlog of approximately 460 homes (worth nearly $265 million) and about 6,200 lots under control.The company funded the transaction with cash on hand ...