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Pulte Homes Sells Mexico Operations Pulte Homes, Inc., based in Bloomfield Hills, Mich., has sold its Mexico homebuilding operation to a group of investors led by affiliates of Walton Street Capital, a Chicago based real estate investment company, and advised by Banc of America Securities and Hipotecaria Su Casita, Mexico’s largest independent Sofol. Pulte Mexico, which began operations in 1994, was on track to deliver more than 7, 000 homes in 2005. As a result of this transaction, Pulte’s Mexico homebuilding operation will be reported as Discontinued Operations effective with the Company’s fourth quarter 2005 financial results. © 2005 construction news home page |
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