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Recent Updates — DFH

September 15, 2026View Source ↗

On September 14, 2026, Dream Finders Homes, Inc. sold 225,000 shares of newly created Series B Convertible Preferred Stock to institutional investors for an aggregate purchase price of $225.0 million at a first closing. The company used the net proceeds to redeem all outstanding shares of its existing Series A Convertible Preferred Stock at a redemption price of $1,028.50 per share, totaling approximately $154.3 million. An additional 450,000 shares are contingent on the completion of the merger with Beazer Homes USA, Inc., which is expected to close within three business days of satisfying conditions. The Series B stock carries a 12% cumulative dividend rate and converts into Class A common stock after a six-year non-convertible period at a price discounted by 20%. Dream Finders Homes operates in the residential homebuilding industry, constructing and selling single-family homes.

August 18, 2026View Source ↗

Dream Finders Homes disclosed pro forma capitalization details following its merger agreement with Beazer Homes USA announced on August 6, 2026. Post-merger, the company expects approximately $1.3 billion in senior unsecured notes, including existing DFH debt and Beazer's outstanding notes, after redeeming Beazer's $350 million 7.250% senior notes due 2029. The capital structure also includes a maintained $1.5 billion revolving credit facility, approximately $80 million in junior subordinated notes from Beazer, and roughly $675 million in redeemable preferred stock. This preferred equity issuance involves replacing the company's $150 million Series A Convertible Preferred Stock with new instruments to fund merger consideration. Dream Finders Homes operates in the residential homebuilding industry.

August 14, 2026View Source ↗

Dream Finders Homes, Inc. announced the redemption of all 150,000 outstanding shares of its Series A Convertible Preferred Stock on September 14, 2026. The company will pay a redemption price of $1,028.50 per share, resulting in a total cumulative redemption amount of approximately $154.3 million. This transaction involves the retirement of preferred equity and is executed pursuant to a separate notice of redemption provided to holders. Dream Finders Homes, Inc. operates in the residential homebuilding industry.

August 7, 2026View Source ↗

Dream Finders Homes, Inc. entered into a definitive merger agreement to acquire Beazer Homes USA, Inc. in an all-cash transaction valued at approximately $2.2 billion enterprise value. Under the terms, Beazer shareholders will receive $33.50 per share in cash. The combined entity is expected to become the sixth-largest U.S. homebuilder with operations across 26 markets and approximately 520 active communities. Dream Finders has secured committed financing including a $900 million bridge facility, an $800 million land bank facility, and a $450 million preferred equity investment from Kennedy Lewis Investment Management. The transaction is expected to close in the fourth quarter of 2026, subject to Beazer shareholder approval and regulatory clearances. Dream Finders reaffirmed its full-year 2026 outlook of 9,250 home closings. The company operates in the residential homebuilding industry.

July 30, 2026View Source ↗

Dream Finders Homes, Inc. reported second quarter 2026 financial results on July 30, 2026. Net sales increased 15% to 2,232 from 1,938 in the prior year period, while home closings rose 3% to 2,290. Homebuilding revenues decreased 8% to $1.0 billion due to lower average selling prices, resulting in a gross margin of 14.2%, down from 16.5%. Net income attributable to the company fell to $28 million, or $0.27 per basic share, compared to $57 million, or $0.57 per basic share previously. The company repurchased approximately 1.01 million shares for $15 million and maintains full-year guidance of approximately 9,250 home closings. Dream Finders Homes operates in the residential homebuilding industry, constructing single-family homes and providing mortgage financing services.