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D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
Vincent Deorio Named CEO at Denver’s redT Homes

Vincent Deorio Named CEO at Denver’s redT Homes

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

redT Homes, a Denver-headquartered developer of sustainably built homes in Colorado, has hired Vincent Deorio as CEO. Deorio was previously with Atlas Real Estate, where he served as a senior executive overseeing all growth and corporate development, and Mynd, where...
Texas AG Paxton Will Not Testify at His Impeachment Trial

Texas AG Paxton Will Not Testify at His Impeachment Trial

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Texas Attorney General Ken Paxton will not testify at his own impeachment trial, which centers on his relationship with real estate developer Nate Paul, a friend and political donor. According to a report in TheHill.com, Paxton’s trial begins Sept. 5 within the Texas...
Real Estate Insurer Steadily Raises $28.5 Million in Series B Funding

Real Estate Insurer Steadily Raises $28.5 Million in Series B Funding

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Steadily, an Austin-headquartered real estate insurance company, today announced it has raised $28.5 million in a Series B funding. According to the company, Steadily serves 18 million individual rental property owners of single-family and small multifamily rentals...
Application Portal Open for Canada’s Housing Accelerator Fund

Application Portal Open for Canada’s Housing Accelerator Fund

by Phil Hall | Jul 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada Mortgage and Housing Corp. has launched an application portal for the Housing Accelerator Fund (HAF). The HAF is a $4 billion initiative designed to provide funding to cities, towns, and indigenous governments to develop new housing supply, with the goal of...
UDR Teams with LaSalle on $510 Million Joint Venture Deal

UDR Teams with LaSalle on $510 Million Joint Venture Deal

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

UDR Inc. (NYSE:UDR), a Denver-headquartered multifamily real estate investment trust, has teamed with LaSalle Investment Management, an operationally independent subsidiary of JLL (NYSE:JLL), on a $510 million joint venture focused on the multifamily market. The joint...
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