New York-based investment manager Apollo Global Management said Wednesday that it has completed its acquisition of homebuilder The New Home Company (NYSE: NWHM) for $9.00 per share, or about $338 million.
New Home Co., which moved its headquarters to Scottsdale from Irvine earlier this year, is now a privately held company following the close of the all-cash transaction, first announced in July.
The firm still counts a local executive office in Irvine.
