01.03.2013 - Builders find investors eager to finance housing growth
Joel Shine, chief executive officer of Woodside Homes, raised $228 million in a debt and equity recapitalization in October, two years after the Salt Lake City- based builder exited bankruptcy. Investment bankers now are pushing closely held Woodside to sell stock publicly or issue debt as the home-construction industry bounces back from the real estate crash, he said. I hope the housing market is as good as the capital market seems to think it is, Shine, who builds in Arizona, California, Nevada, Texas and Utah, said...............................................Full Article: Source
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