Dream Finders Homes

The national public homebuilder paid $12 million for 60 Riviera Beach lots, its first Palm Beach County site, at roughly $198,000 a lot for townhomes.

First closing raised $225 million at a 2.5% discount; the rest waits on the Beazer merger closing at a locked-in 12% cumulative rate.

The bidding fight ends in a signed agreement, and the terms decide who Dream Finders can now outspend for land.

A third, higher offer turns a private homebuilder courtship into a public takeover fight.

A hostile-tinged homebuilder tie-up escalates, testing whether consolidation pressure can force one of the sector's mid-caps to the table.