Japanese firms’ buying spree of U.S. homebuilders keeps heating up—4th deal in 5 weeks
Japanese firms’ buying spree of U.S. homebuilders keeps heating up—4th deal in 5 weeks
Japan’s domestic population is shrinking and aging (fast!), limiting long-term housing growth and risking a sharp contraction for Japanese homebuilders. So, they’re turning to the U.S.
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On Friday, Trumark Homes—which has been majority owned by Japan-based Daiwa House since 2020—announced that it has struck a deal to acquire a Seattle metro-based homebuilder JK Monarch.
The deal is the latest in a recent string of U.S. homebuilder acquisitions by Japanese firms. Exactly five weeks ago today (February 13), Japan-based Sumitomo........
