Big Builders Getting Bigger

“Big Builders Getting Bigger” published February 1, 2006 in Realty Times (click here to read entire article)

Michael Kahn was interviewed in conjunction with his participation on a panel on “consolidation” at the International Builders Show in Orlando.  The article reported “Within the next five to seven years, a single ‘mega-builder’ will cross the 100,000-unit-a-year threshold, believes a financial consultant who has helped create many of the nation's largest home building firms.  But that company -- and other giants like it -- are not likely to reach six-figure territory by growing from within, Michael Kahn of Michael P. Kahn & Associates in Ponte Vedra Beach, Fla.., said at the National Association of Home Builders' annual convention in Orlando last month.

"It's very difficult to grow that large organically," said Kahn, who has a hand in arranging more than half the 150 mergers that have taken place among builders over the past 15 years.