Coral Crest: a New Home luxe Community built several years ago in Crystal Cove

Coral Crest: a New Home luxe Community built several years ago in Crystal Cove

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.

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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.