Builder capital and 400 capital management close $400mm land banking arrangement with dream finders homes

New york--(business wire)--builder capital (“builder capital”) and 400 capital management llc (“400cm”) announced today the closing of a land banking arrangement with dream finders homes (nyse: dfh), acquiring over 4,000 residential home sites in charleston, sc, greenville, sc, and nashville, tn. the $412mm transaction occurred in connection with dfh's acquisition of the core homebuilding assets of cresent homes and will enhance dfh's ability to deliver affordable housing products to these supp.
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