Investor Presentation & Press Release

Strategic Addition of BZH Creates a Scaled, Industry Leading Land-Light Builder

  • Combination creates sixth-largest listed homebuilder in America,1 with combined total revenue of $6.6 billion
  • Expected to be highly accretive to 2027 unit closings, revenue, EBITDA, net income, and returns
  • Over $100 million in annual run-rate cost synergies from direct cost savings, improved cycle times, reduced overhead costs, elimination of duplicate public company costs, and financial services capture
  • Combined company will control approximately 88,000 lots and will have approximately 520 active communities, positioning the Company for long-term growth and profitability
  • Complementary product strategies across entry-level and move-up price points; combined company to compete more effectively while expanding and deepening offerings
  • Highly complementary footprint with expanded operations in 26 of the top 50 MSAs2
  • Superior customer experience with lower unit costs, faster cycle times, and enhanced long-term value creation
  • Leverage DFH’s financial services platform – including mortgage banking solutions, title services, and underwriting 
  • Breadth diversifies demand across price points and geographies, supporting sales velocity and reducing volatility