Akin Advises Millrose Properties on Up to $1.25 Billion Financing for Dream Finders Homes' Acquisition of Beazer Homes
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(New York) – Akin advised Millrose Properties, Inc., the homesite option platform for residential homebuilders, in a commitment by its manager to provide acquisition financing of up to $1.25 billion to support Dream Finders Homes, Inc.’s publicly announced acquisition of Beazer Homes USA, Inc. The commitment represents the third time since Millrose's founding that the company has leveraged its unique capability to provide land banking capital in support of a homebuilder acquisition.
The Akin team was led by co-leader of the firm’s capital solutions team Dan Fisher and corporate practice co-head Zachary Wittenberg and included capital markets partners John Clayton and Bryan Flannery, counsel Bryson Manning and associate Wanyi Zhang; special situations & private credit partner Catherine Goodall; corporate counsel Lynn Sherwood and associate Zoe Hawkins; and tax counsel Tim Higgins.
Additional information on the transaction can be found here.
Akin is a leading international law firm with more than 1,100 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East.
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