
A group of homebuilders that includes Brookfield Residential, Lennar Corp. and Toll Brothers Inc. are teaming up to assist in the reconstruction of homes in areas burned by January’s Los Angeles area wildfires.
The companies aim to create a so-called Builders Alliance to help speed up efficiency and slash costs. The group detailed plans for a portal that displaced residents could use to select from a limited menu of home plans, according to a presentation seen by Bloomberg News.
By partnering with other companies, the builders would seek to acquire materials at bulk discounts and provide temporary housing for as many as 3,000 tradesmen to maximize productivity, according to Adrian Foley, chief executive officer of Brookfield Residential, which builds in the US and Canada.