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Tony Avila Quoted in Professional Builder Article “The Consolidation Convergence”

05/10/2015 | Full Issue

“Your public builders are generally looking for accretion. They want to increase their earnings per share, expand their presence either geographically or by product type, or both, and they’re looking to increase their ability to spread their overhead over more closings and more revenue. The private buyers that are coming into the market today are maybe less driven by earnings per share. They may be a private builder, or maybe they are a foreign investor that has a more long-term perspective, but their drivers are profitability, too.” - Tony Avila in "The Consiolidation Convergence", May 10, 2015.

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