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Home Featured Rate Spike Forces D.R. Horton to Take $91.4MM Hit on Completed Multifamily Projects
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Rate Spike Forces D.R. Horton to Take $91.4MM Hit on Completed Multifamily Projects

November 6, 20263 Mins read6
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A surge in interest rates during the September quarter forced D.R. Horton to take $91.4 million in impairments on nine finished apartment communities, flipping its rental segment to a loss and signaling that buyers of stabilized multifamily assets are repricing their bids.

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