Check out the exclusive Metrostudy data underlying many an M&A conversation going on now among builders. Will COVID-19 impact deals? By John McManus One of the English language’s tiniest, 2-letter words contains countless multitudes of meanings. As coronavirus calculus courses through the economy at a rate blistering enough to make even a supercomputer smoke, the word is unavoidable. If. The word,….
PUBLISHED FEBRUARY 25, 2020 BY SYDNEY LAKE Reston-based construction company Stanley-Martin Communities LLC will acquire the home-building assets of Lexington, South Carolina-based home-building company Essex Homes in North Carolina and South Carolina in a deal expected to close by the end of the month. Financial terms of the transaction were not disclosed. Stanley-Martin — a subsidiary of a Japanese firm,….
Transaction Enables Stanley Martin Homes to Expand into Additional Metro Areas in the Southeast RESTON, Va., Feb. 12, 2020 /PRNewswire/ — Stanley-Martin Communities, LLC announced today it has entered into an agreement to acquire the homebuilding assets of Essex Homes in North Carolina and South Carolina. The transaction is expected to close by the end of February 2020. Columbia-based Essex Homes was founded in 1985 in Aiken, South….