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D.R. Horton invests in Boxabl, agrees to first phase 100-unit order

D.R. Horton invests in prefab home company Boxabl, enters cooperation agreement for 100 units. Click here to learn why he chose us!

D.R. Horton (NYSE: DHI), the U.S.’s largest homebuilder, has invested in closely held Boxabl, a maker of compact prefabricated homes, through the purchase of preferred shares, according to a statement from Boxabl. The terms of the deal weren’t disclosed.
In addition, the two companies entered a cooperation agreement in which D.R. Horton (DHI) will share resources with Boxabl to help the smaller company grow. The agreement includes a phase one order of 100 of Boxabl’s Casita units.
“We expect D.R. Horton’s (DHI) experience in developing houses will be invaluable as we roll out the first batches of consumer-facing Casitas,” Boxabl said.
So far, Boxabl has sold over $100M in preferred stock and has completed manufacturing its first order for the government, Boxabl’s Galiano Tiramani said in an email. The company is also planning a new $1B factory.
As of last July, Boxabl received commitments for over $30M of its preferred shares.

Check out BOXABL’s first product: the Casita, an amazing 361 sq. ft. ADU with a full-size bathroom, kitchen, appliances, and tall ceilings with big windows.

By clicking “Submit” you agree to receive one or more automated marketing text messages and calls, prerecorded voice messages and emails from BOXABL. Your agreement by clicking in this way is not a requirement or a condition to purchasing any property, goods, or services from BOXABL now or in the future.

Check out BOXABL’s first product: the Casita, an amazing 361 sq. ft. ADU with a full-size bathroom, kitchen, appliances, and tall ceilings with big windows.

By clicking “Submit” you agree to receive one or more automated marketing text messages and calls, prerecorded voice messages and emails from BOXABL. Your agreement by clicking in this way is not a requirement or a condition to purchasing any property, goods, or services from BOXABL now or in the future.

Check out BOXABL’s first product: the Casita, an amazing 361 sq. ft. ADU with a full-size bathroom, kitchen, appliances, and tall ceilings with big windows.

By clicking “Submit” you agree to receive one or more automated marketing text messages and calls, prerecorded voice messages and emails from BOXABL. Your agreement by clicking in this way is not a requirement or a condition to purchasing any property, goods, or services from BOXABL now or in the future.

Check out BOXABL’s first product: the Casita, an amazing 361 sq. ft. ADU with a full-size bathroom, kitchen, appliances, and tall ceilings with big windows.

By clicking “Submit” you agree to receive one or more automated marketing text messages and calls, prerecorded voice messages and emails from BOXABL. Your agreement by clicking in this way is not a requirement or a condition to purchasing any property, goods, or services from BOXABL now or in the future.