Dear Clients and Friends,
Builder Advisor Group is pleased to announce that we advised Dream Finders Homes in its placement of $300 million of 5-yr (NC-2) Senior Unsecured Notes at 8.25%. This was the first high-yield issuance in the sector since June 2022.
The transaction generated strong demand from traditional investors and those that are new to the homebuilding sector.
This offering marks the fourth transaction BAG has worked with Dream Finders including their IPO, the sale of MHI/Coventry Homes, and their accompanying $150 million preferred equity issuance.
Read the full press release from Dream Finders Homes here.
Please contact us at 415.561.0600 or the email addresses below if you would like a confidential discussion regarding your capital needs or strategic alternatives.