Date Announced: 09/23/2010
client: TRI Pointe Homes, LLC
Status: Closed – 09/2010
Value: $150 million Read the case study
On September 24, 2010, TRI Pointe Homes, a California homebuilder founded in April 2009, agreed to issue $150 million in a private placement of common equity, one of the largest equity investments in the homebuilding industry. TRI Pointe Homes has used the capital to fund growth in its operations in Southern and Northern California, aiming to become one of the largest regional builders over the next five years. Moelis & Company acted as exclusive financial advisor to TRI Pointe Homes.