Dream Finders Homes reports developments tied to its asset-light homebuilding model, single-family communities, and financial services subsidiaries. The company builds homes across the Southeast, Mid-Atlantic and Midwest, including markets in Florida, Texas, Tennessee, the Carolinas, Georgia, Colorado, Arizona, and the Washington, D.C. metropolitan area, and also provides mortgage financing, title agency, and underwriting services to homebuyers.
Recurring DFH news includes quarterly operating results, net sales, home closings, average selling prices, gross margins, controlled lot pipeline updates, and financial services performance. Company updates also cover active adult community launches under the Reverie brand, sports and regional marketing partnerships, completed acquisition integration, senior note financing, share repurchase authorization, and shareholder communications.
Dream Finders Homes (DFH) obtained the requisite consents from holders of Beazer Homes’ 8.000% Senior Notes due 2032 as of 5:00 p.m., New York City time, on September 17, 2026, and the consent solicitation for these notes has expired.
Dream Finders will pay an aggregate $4,000,000 2032 consent fee, expected to equal about $10.30 per $1,000 principal amount, to eligible consenting holders if the stated conditions are satisfied or waived, with payment to occur substantially concurrently with the planned merger closing. The amendment will change the 2032 Indenture’s “Change of Control” definition so the Dream Finders–Beazer merger will not trigger a Change of Control Offer, and it will bind all 2032 noteholders once the fee is paid. Dream Finders previously obtained requisite consents for Beazer’s 2031 notes and plans to pay a $22.50 per $1,000 consent fee there. The company expects the merger to close in Q4 2026 and then complete an exchange offer for the 2032 notes within 120 days.
Dream Finders (DFH) reported consent results for Beazer’s 7.500% 2031 and 8.000% 2032 senior notes and amended/extended the 2032 consent solicitation as of September 15, 2026.
Holders of a majority of the 2031 Notes delivered consents, satisfying the Requisite Consents and ending the 2031 solicitation. Eligible 2031 Note holders who consented by the expiration will receive a $22.50 cash fee per $1,000 principal, payable substantially concurrently with the merger closing, subject to stated conditions.
For the 2032 Notes, consents covered about 46.5%, or $185.9 million, of principal, below the required level. Dream Finders extended the 2032 solicitation to September 17, 2026 and reset the total 2032 consent fee pool to $4 million, to be shared pro rata and expected to yield between $10 and approximately $20 per $1,000, depending on participation. The amendments are intended to ensure the Beazer acquisition does not trigger a “Change of Control” offer, and Dream Finders continues to expect the merger to close in the fourth quarter of 2026.
Dream Finders Homes (DFH) has launched a consent solicitation for Beazer Homes’ 7.500% Senior Notes due 2031 and 8.000% Senior Notes due 2032 in connection with its proposed acquisition of Beazer.
Dream Finders seeks to amend each indenture’s “Change of Control” definition so that the planned merger does not trigger a Change of Control Offer. Holders of 2031 Notes who consent by the 5:00 p.m. New York City time, September 15, 2026 expiration will be eligible for a $22.50 cash fee per $1,000 principal, while 2032 Note holders may receive $10.00 per $1,000, subject to stated conditions. If the requisite majority consents for a series are obtained, Dream Finders has covenanted to offer an exchange of that series into new Dream Finders senior notes with economic terms mirroring the existing Beazer notes.
Dream Finders Homes (DFH) announced a strategic expansion of its Reverie brand, shifting from exclusively age-restricted active adult communities to a mix of active adult and Resort Lifestyle communities. The change is intended to align with buyers prioritizing wellness, social connection, experiences and low-maintenance living over formal age definitions.
Reverie at Looking Glass in Parker, Colorado, has been repositioned as a Resort Lifestyle Community following market and buyer review, while retaining homes designed for empty nesters and active adults. Its approximately $9 million resort-inspired amenity experience remains a core feature supporting wellness, recreation and social engagement.
Dream Finders Homes (NYSE: DFH) agreed to acquire Beazer Homes (NYSE: BZH) in an all-cash deal valuing Beazer at approximately $2.2 billion enterprise value. Beazer shareholders are to receive $33.50 in cash per share, implying a price‑to‑book multiple of 0.8x.
According to Dream Finders, the combined company is expected to become the sixth-largest U.S. homebuilder, operating in 26 markets with about 520 active communities, and to generate over $100 million in annual run‑rate cost synergies. Dream Finders expects the transaction to be double‑digit percentage accretive to EPS in year one and plans to finance it with existing capital and committed facilities from Goldman Sachs, Bank of America and Kennedy Lewis affiliates. The boards of both companies approved the deal, which is expected to close in Q4 2026 subject to Beazer shareholder and regulatory approvals. Dream Finders reaffirmed its standalone 2026 outlook of approximately 9,250 home closings, while Beazer withdrew its prior outlook and canceled its planned earnings call.
Dream Finders Homes (NYSE: DFH) reported second quarter 2026 net sales of 2,232, up 15% year over year, and record home closings of 2,290, up 3%. Homebuilding revenues declined 8% to $1.0 billion as lower average selling prices offset higher volume. Homebuilding gross margin contracted to 14.2% from 16.5%, while adjusted homebuilding gross margin (non-GAAP) declined to 24.2% from 25.9%. Pre-tax income fell to $37 million from $74 million, and net income attributable to DFH declined to $28 million, or $0.27 per basic share, from $57 million, or $0.57 per basic share.
The company ended the quarter with a backlog of 2,319 homes valued at $1.2 billion and an average sales price in backlog of $497,716. Dream Finders reported total liquidity of $605 million and a controlled lot pipeline of 54,091 lots. The company repurchased 1,012,621 Class A shares for $15 million in the quarter and maintained guidance for approximately 9,250 home closings in full year 2026. Management highlighted a 30% year-over-year increase in active communities to 353, ongoing SG&A reductions, and leadership additions including a new Chief Operating Officer and two new board members.
Dream Finders (NYSE: DFH) has appointed Steve Fischer to its Board of Directors and to the Board’s Audit Committee, effective as announced on July 17, 2026. Fischer brings over 30 years of executive experience in banking, financial services and public accounting, including senior roles at The Pitney Bowes Bank, TIAA Bank, EverBank and Deloitte & Touche.
Dream Finders Homes (NYSE: DFH) appointed Rick Beckwitt to its Board of Directors as Co-Chairman, sharing Board leadership with Founder, Chief Executive Officer and now Co-Chairman Patrick Zalupski. Beckwitt brings decades of executive experience from leading major U.S. public homebuilders, including senior roles at Lennar and D.R. Horton.
He also has a background in corporate finance, M&A and venture investing, and currently serves on the boards of Eagle Materials, Ferguson Enterprises and Weyerhaeuser. According to Dream Finders, his expertise in residential construction, real estate, capital allocation and corporate strategy is expected to support the company’s long-term growth strategy.
Dream Finders Homes (NYSE: DFH) responded to Beazer Homes regarding its revised proposal to acquire all Beazer shares for $32.00 per share in cash. The company reiterates its willingness to sign an NDA with a limited standstill, seeks transparency on interest from other parties, and urges Beazer shareholders to press the board to relax what Dream Finders views as unreasonable preconditions.
Beazer Homes (NYSE:BZH) responded to Dream Finders Homes’ (NYSE: DFH) latest acquisition proposal. Dream Finders raised its cash offer from $25.75 to $32.00 per share between May 11 and June 30, 2026. Beazer’s board is reviewing this and other strategic alternatives.
The board previously rejected a $29.25 offer as undervaluing the company and set conditions for talks: a higher proposal, a customary confidentiality and standstill agreement, and no exclusivity. There is no assurance any transaction will occur.