The New Home Company, a homebuilder focused on major metropolitan areas in CA, filed on Friday with the SEC to raise up to $173 million in an initial public offering. The Aliso Viejo, CA-based company, which was founded in 2009 and booked $67 million in sales for the 12 months ended March 31, 2013, plans to list on the NYSE under the symbol NWHM. The New Home Company initially filed confidentially on April 19, 2013. Citi, J.P. Morgan and Zelman Partners LLC are the joint bookrunners on the deal. No pricing terms were disclosed.
