Rithm Capital Corp., American Real Estate Partners and GreenBarn Investment Group acquired Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. for approximately $120 million.
August 21, 2023
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Rithm Capital Corp. (NYSE:RITM), American Real Estate Partners and GreenBarn Investment Group acquired Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. (NYSE:DFH) for approximately $120 million on August 21, 2023. Rithm is providing equity capital, in part through its strategic partnership with GreenBarn, and providing debt financing through its subsidiary Genesis. Genesis Capital, a Rithm subsidiary, provides $86.4 million acquisition & construction loan.
Rithm Capital Corp. (NYSE:RITM), American Real Estate Partners and GreenBarn Investment Group completed the acquisition of Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. (NYSE:DFH) on August 21, 2023.
Dream Finders Homes, Inc. (DFHs) is a homebuilder company. The Company builds single-family homes throughout the Southeast, Mid-Atlantic and Midwest, including Florida, Texas, North Carolina, South Carolina, Georgia, Tennessee, Colorado, and the Washington, D.C. metropolitan area, which comprises of Northern Virginia and Maryland. The Company has also expanded its operations in Charleston and Greenville, South Carolina, and Nashville, Tennessee. Through its financial services joint ventures, DFH also provides mortgage financing and title services to homebuyers. It provides financial services operations that offers title insurance primarily through DF Title, LLC, doing business as Golden Dog Title & Trust and mortgage banking solutions primarily through its mortgage banking joint venture, Jet HomeLoans, LP. The Company sells homes under the Dream Finders Homes, DF Luxury, Craft Homes, and Coventry Homes brands.
Rithm Capital Corp., American Real Estate Partners and GreenBarn Investment Group acquired Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. for approximately $120 million.
DREAM FINDERS HOMES, INC. 
