Pursuits
Builders Find Investors Eager to Finance Housing Growth
This article is for subscribers only.
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.