
Consideration transferred(1)	$	99,576

Assets acquired:
Other assets(2)(3)	65,238

Liabilities assumed:
Accounts payable and accrued expenses(4)	(11,010)
Other liabilities(5)	(10,599)
Net assets acquired	43,629

Goodwill	$	55,947

(1)Inclusive of up to $7,500 in potential incentive-based earn-out payments tied to third-party fee-build performance. The contingent consideration was recognized at fair value as of the Acquisition Date, classified as a liability, and designated as Level 3 in the fair value hierarchy based on our estimates of future performance, probabilities of achievement, and expected timing of payment. No payments have been made as of June 30, 2026.

(2)Inclusive of $32,000 in customer relationships and $8,000 in trade name recognized at fair value as of the Acquisition Date. Both intangible assets were classified as Level 3 in the fair value hierarchy based on our assumptions related to projected cash flows, customer attrition, royalty rates, and discount rates (see Note 6).

(3)Inclusive of $23,271 in homebuilding receivables, contract assets, and construction in progress (see Note 6).

(4)Represents liabilities assumed in connection with the ongoing operations of the homebuilding platform.

(5)Inclusive of $9,754 in general contract deposits, representing customer payments received prior to the delivery of completed construction projects. These amounts were recorded as liabilities as they relate to performance obligations that have not yet been satisfied.