Time may change me; but I can't trace time.
David Bowie’s hit from the ‘70s could be an anthem for the current times. Companies have been forced to adjust, adapt and ally in ways never envisioned before. Take a look at how some companies are making the change...
- Pulte (for sale housing) appoints Avalon Bay CEO (for rent housing) to its Board of Directors. Could this portend a move into rental housing for volume builders?
- National homebuilders Lennar and Toll Brothers open real estate investment funds for distressed properties. Evidently, REO = ROI.
- Westinghouse teams with Lennar on solar homes. Too bad “Sun City” is already trademarked.
- Panasonic considers building smart homes in one of their Japanese factories. An app is sure to follow.
- The Bill & Melinda Gates Foundation funds a $42m initiative to reinvent the toilet. No kidding. Talk about being flush with money.
- Google invests $280m in SolarCity to help homeowners put in solar panels. And, they’ll know where and how you spent every kilowatt.
- DR Horton launches new micro-home project (Division 43) on a 1/3 acre, urban infill site. No job too small for this industry giant.
- SunCal trades development services for 180 acre tract of land. Why buy when you can barter?
