✉news BusinessReal Estate first seen 11 h ago, last 10 h ago, peak #3
Century Communities acquires HistoryMaker in Dallas bet
Original: No. 10 largest homebuilder Century Communities buys No. 77 largest builder HistoryMaker—and makes a big bet on Dallas while it's down
Century Communities, the No. 10 largest homebuilder in the United States, has acquired HistoryMaker Homes, the No. 77 largest builder. The deal significantly expands Century's footprint in the Dallas market, where it is buying at a moment when the local housing market has cooled. Industry observers are watching whether the counter-cyclical bet on Dallas land and lots pays off as homebuilding demand softens.
Why now: A major homebuilder acquiring another top-100 builder during a housing downturn is significant consolidation news for the real estate industry.
Century CommunitiesHistoryMaker HomesDallas
Rank over time, top of the chart is #1. 2 snapshots from 11 h ago to 10 h ago.
Evidence
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