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Sycamore Urban wants to acquire up to 2,000 more distressed housing units in the next three years.
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The editors of BUILDER pick the 10 events that had the biggest impact on home building in 2009.
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As fast as you can say 'opportunity knocks' home building's next generation takes shape
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A newly minted company is maneuvering to scoop up some choice assets as part of the Chapter 7 liquidation of bankrupt WL Homes, more commonly known as John Laing Homes. The limited liability company, known as EJL Homes, is a subsidiary of Emaar America Corp., John Laing's parent company. The Emaar...
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Company has converted its Chapter 11 bankruptcy to Chapter 7.
A brutal housing recession raises questions about standard operating procedures in the home building business.
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Recently no. 40 on the BUILDER 100, the Texas-based builder succumbs to the downturn.
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Court documents outline the events leading up to Irvine, Calif.-based builder's bankruptcy filing.
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Lenders object to Laing's intent to employ debtor-in-possession financing from its coporate parent, Emaar.
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U.S. subsidiary of Emaar Properties has set up debtor-in-possession financing to keep it operating during reorganization.