Dream Finders Homes Acquires Core Assets of Crescent Homes
February 5, 2024
Dream Finders Homes, Inc. acquired the core homebuilding assets of Crescent Ventures, LLC (operating as Crescent Homes), adding approximately 457 homesites, a backlog of ~460 homes (>$265 million) and ~6,200 owned/controlled lots. The deal expands Dream Finders' presence into Charleston and Greenville, South Carolina, and Nashville, Tennessee, and includes a partnership with Crescent founder Ted Terry and his team.
- Buyers
- Dream Finders Homes, Inc.
- Targets
- Crescent Ventures, LLC (Crescent Homes)
- Sellers
- Crescent Ventures, LLC (Crescent Homes), Ted Terry (founder / owner)
- Industry
- Real Estate
- Location
- South Carolina, United States
- Transaction Type
- Divestiture
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