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The Builder’s Daily

QXO announces additional $1.8 billion raise for deal war chest

Construction, Mergers and Acquisitions, The Builder's Daily /

QXO today announced an additional funding round to support its next acquisition(s), as the firm aims to disrupt and consolidate the highly fragmented $800 billion building products industry.  The company’s $1.2 billion investment made public last week now totals $3 billion, with an additional $1.8 billion in funding from Apollo, Temasek, and other investors announced […]

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Mamdani notches a loss in opening gambit to take on NYC landlords

Affordability, Affordable housing, Policy, Rent Prices, Renters, The Builder's Daily /

New York City Mayor Zohran Mamdani suffered defeat in his first skirmish with multifamily property owners as part of a strategic war to remake the city’s rent-stabilized housing.​ On Friday, Summit Properties USA became the winning bidder for more than 5,000 rent-regulated units owned by bankrupt Pinnacle Development Group. The sale went through despite Mamdani’s

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Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt

Construction, homebuilder, Homebuilders, Housing Starts, Leadership, The Builder's Daily /

Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming — Sun Belt and Mountain West markets. Builders

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Learning, capital, and demand: The critical levers for homebuilders in 2026

Homebuilders, Leadership, Residential Real Estate, Strategic Advantage, The Builder's Daily /

Many owners, presidents, CEOs, and business leaders we’ve gotten to know over the years at America’s homebuilding firms begin and end each day by turning on the lights, making coffee, and setting out to improve at least three aspects of their operations. January 5, 2026. January 6, 2026. January 31, 2026. And eventually, on December

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Under pressure, public homebuilders rebrand or mute DEI stance

DEI, homebuilder, Homebuilders, Leadership, Team Leaders, The Builder's Daily /

Companies across all industries, including homebuilding, have walked back their DEI rhetoric or reduced their public disclosures of diversity, equity, and inclusion programs over the last year. The retreat stands as a signal that activist investors and federal pressure are having an impact on such initiatives.       Homebuilders navigating this issue tread a delicate path. They

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Spanberger unveils Virginia housing affordability plan

Affordable housing, Homebuilders, Housing Policy, HWmember, Policy, Politics, The Builder's Daily, Virginia /

Affordability has become the defining test of political electability today. From housing to groceries, voters increasingly judge candidates by their ability to reduce everyday costs.​ Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes,

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Sonic Fire Tech launches infrasound wildfire defense system in California

California, HWmember, Natural Disaster, Technology, The Builder's Daily, Wildfire /

Sonic Fire Tech recently announced the commercial rollout of its Sonic Home Defense system, a wildfire defense system in California that extinguishes fires using inaudible, infrasound technology instead of water or chemicals.  The product has personal significance for Remington Hotchkis, chief commercialization officer at Sonic Fire Tech, whose family home in Altadena burned down in

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Dwight Schar, founder of NVR Inc., has died

Homebuilders, HWmember, Leadership, obituary, The Builder's Daily, Virginia /

Dwight Schar, the founder and former executive chairman and CEO of NVR Inc., has died, according to posts on LinkedIn.  James Honeycutt, managing partner at Credo Construction, discussed Schar’s legacy in a post on Thursday afternoon.  “Mr. Schar wasn’t flashy or dismissive — just calm, kind, and very clear on what mattered most. He chuckled

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Why Texas builders are betting on backup batteries for new homes

Homebuilders, Homebuyers, Natural Disaster, Technology, The Builder's Daily /

On March 4, 2025, a windstorm cut across Texas and knocked out power to hundreds of thousands of homes. Outside Dallas-Fort Worth, the pattern was the same as the storm swept through one of Lennar‘s new communities: the grid went down, the neighborhood went dark. But 46 homes in that same community—the ones with a

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Homebuilder confidence ticks up but remains low

Builder Confidence, homebuilder, Homebuilder Confidence, Homebuilder Sentiment, Leadership, NAHB, The Builder's Daily /

Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence

Homebuilder confidence ticks up but remains low Read More »