{"id":100018,"date":"2025-07-28T18:25:23","date_gmt":"2025-07-28T18:25:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/100018\/"},"modified":"2025-07-28T18:25:23","modified_gmt":"2025-07-28T18:25:23","slug":"taylor-morrison-looking-to-expand-build-to-rent-footprint","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/100018\/","title":{"rendered":"Taylor Morrison looking to expand build-to-rent footprint"},"content":{"rendered":"<p class=\"content\" data-type=\"paragraph\">Scottsdale-based homebuilder Taylor Morrison Home Corp. entered into a $3 billion financing facility agreement for the company\u2019s build-to-rent brand, Yardly, with a goal of building up even more land reserves for future projects.<\/p>\n<p class=\"content\" data-type=\"paragraph\">In a\u00a0<a href=\"https:\/\/www.prnewswire.com\/news-releases\/taylor-morrison-and-kennedy-lewis-investment-management-agree-to-financing-facility-for-build-to-rent-communities-302511708.html\" target=\"_blank\" rel=\"nofollow noopener\" data-ct=\"Article: In-Content Link\" data-link=\"1\">July 23 announcement<\/a>, Taylor Morrison (NYSE: TMHC), one of the largest homebuilders in the United States, detailed its deal with Kennedy Lewis Investment Management (KLIM), a New York-based investment manager with nearly $30 billion in managed assets. KLIM owns Kennedy Lewis Land and Residential Advisors LLC, which is the external manager of homesite purchase platform Millrose Properties Inc.<\/p>\n<p class=\"content\" data-type=\"paragraph\">\u201cWe are pleased to support Taylor Morrison\u2019s Yardly platform with this $3 billion financing commitment,\u201d Darren Richman, managing partner of KILM and chief executive officer of Millrose Properties, said in a statement. \u201cThis transaction demonstrates another use case for land banking as a capital solution to meet the diverse needs of our homebuilder counterparties as they seek creative ways to address today\u2019s affordability challenges.\u201d<\/p>\n<p class=\"content\" data-type=\"paragraph\">Taylor Morrison and KLIM have previously collaborated on an existing land-banking agreement for the homebuilder\u2019s for-sale residential construction operations. The new arrangement will allow the company to continue its Yardly ramp-up in Phoenix and other markets \u201cwith improved capital efficiency and returns in mind,\u201d a company spokesperson told the Business Journal. The joint project will finance existing and future build-to-rent (BTR) land and construction projects, the company said.<\/p>\n<p data-type=\"paragraph\"><a href=\"https:\/\/www.bizjournals.com\/phoenix\/news\/2025\/07\/23\/taylor-morrison-build-to-rent-agreement.html?utm_source=sy&amp;utm_medum=ptr&amp;utm_campaign=ktar\" target=\"_blank\" rel=\"noopener\">This story is posted in partnership with Phoenix Business Journal. Click to read the full story.<\/a>\u00a0<\/p>\n<p><a href=\"https:\/\/ktar.com\/newsletters\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/KTAREmail-830x100-1.jpg\" style=\"margin: 0 auto;\" class=\"mobile-signup\"\/>\t&#13;<br \/>\n\t<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/KTAREmail-830x100-1.jpg\" style=\"margin: 0 auto;\" class=\"desktop-signup\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Scottsdale-based homebuilder Taylor Morrison Home Corp. entered into a $3 billion financing facility agreement for the company\u2019s build-to-rent&hellip;\n","protected":false},"author":3,"featured_media":100019,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5131],"tags":[7155,5229,5643,1587,316,1589,7154,67,586,132,5230,68,2969],"class_list":{"0":"post-100018","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-phoenix","8":"tag-92-3-ktar","9":"tag-america","10":"tag-arizona","11":"tag-az","12":"tag-home","13":"tag-phoenix","14":"tag-phoenix-and-arizona-breaking-news-and-news-headlines-home","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114932267547965265","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/100018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=100018"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/100018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/100019"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=100018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=100018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=100018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}