Case Study: Davidson Homes expands its Southeast and Southwest footprint with Walker & Dunlop

Davidson Homes expands into Arizona and the Southeast with Walker & Dunlop

The customer, Davidson Homes, sought to expand its national presence through acquisition. They engaged the vendor, Walker & Dunlop, whose investment banking division, Zelman Partners LLC, served as the exclusive sell-side financial advisor on the transaction to facilitate the sale of Evermore Homes.

Walker & Dunlop's team managed the entire sale process, from valuation and marketing to negotiating a complex transaction structure that included third-party land banking. This solution resulted in the successful acquisition of Evermore Homes by Davidson Homes, which provided liquidity to Evermore's shareholders and immediately established Davidson's foothold in Arizona, accelerating its national expansion strategy with new operations and a pipeline of communities.

Davidson Homes