In 2014, public builders continued to see their balance sheets improve and sales grow.
While the market may have closed for new public home builders over the past year, the 2013′s burst of activity introduced five new companies to the latest BIG BUILDER report card.
In 2014, it was good to be big. While many smaller private builders were struggling to secure both capital and land—the basic elements of growth in the business—the big were getting bigger. Whether they were looking for land or an entry point into new markets, the public was aggressive.
But public growth wasn’t measured in the number of acquisitions. According to stats compiled by American New Homes Group president Jamie Pirrello and his team of Robert Yemola, Kylie Berrena, David DeFreest, and Christine Zoerner—members of the Accounting, Business, and Economics Department at Juniata College in Huntingdon, Pa.—the publics grew in a lot of other metrics in 2014.
For the full list of grades and comments, continue reading via builderonline.com
40% of the top homebuilders on the Builder 200 list trust Constellation as their software partner. We’ll show you why.
