Entry-level entrée

William Lyon’s acquisition of RSI reflects the urgency among builders to activate first-time buyer strategic and operations models as the Millennial moment of truth fully dawns.

By John McManus | Builder

On the surface of yesterday’s announcement, William Lyon Homes entered the Texas market–Austin and San Antonio– and added Inland Empire California operating leverage with its $460 million all-cash purchase of RSI Communities.

The deal, building on William Lyon’s 2014 acquisition of Washington and Oregon regional power builder Polygon Northwest, expands one of home building’s smaller publicly-traded builders in geographical footprint and local scale in the resurgent California Inland Empire market.

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