Another day, another home builder IPO or two

Home building's IPO parade continues, with New Home Company and City Ventures filing SEC paperwork to raise public equity

Another day, another home builder IPO, or two.

Earlier this week, we reported on Weyerhaeuser’s plan to “explore strategic options” for its five-home-building company real estate unit. Today, it’s news that Newport Beach, Calif.-based City Ventures, a green building infill specialist filed yesterday with the SEC to raise $150 million via a public equity offering.

Further, a scan of recent SEC filings includes this S1 from New Home Co. LLC.

newhome_S1

More work to do to identify the number of shares to be sold and a price-range, but the New Home Co. juggernaut story is all here.

About the Author

John McManus

John McManus is an award-winning editorial and digital content director for the Residential Group at Hanley Wood in Washington, DC. In addition to the Builder digital, print, and in-person editorial and programming portfolio, his accountability for the group includes strategic content direction for Affordable Housing Finance, Aquatics International, Big Builder, Custom Home, the Journal of Light Construction, Multifamily Executive, Pool & Spa News, Professional Deck Builder, ProSales, Remodeling, Replacement Contractor, and Tools of the Trade.

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