Taylor Morrison secures a $3 billion financing facility with Kennedy Lewis Investment Management for its build-to-rent brand, Yardly, enhancing capital flexibility.
Taylor Morrison has entered into a land and construction financing facility agreement with Kennedy Lewis Investment Management. This agreement opens $3 billion in capacity for land opportunities and construction costs associated with Taylor Morrison's Yardly brand. The financing aims to support efficient growth and optimize cash flow as the company targets its expanding pipeline of communities. This collaboration follows their existing agreements aimed at streamlining land acquisition and development.
Company Information
Company
Taylor Morrison Home
Location
Atlanta, Georgia, United States
About
Taylor Morrison Home Corp. is a residential homebuilder focused on designing and building single-family homes and townhomes. The company operates in various states across the U.S. and aims to provide quality homes with innovative designs.
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