Dive summary:

• Taylor Morrison Home Corp. spent three years getting itself groomed for an initial public offering, and the market seemed to like the idea of cashing in on another builder's post-recession fortunes – taking up shares at the top end of the offering range on Tuesday and pushing the share price up 4.7% on Wednesday.
• The company, which sold 28.6 million shares at $22 each, is among a group that is looking for major capital to take advantage of a recovery in which ready-to-build land is scarce.
• Tri-Pointe Homes went public in January, and several others are candidates to follow.

From the article:

So, even companies that pride themselves on having steeped their company cultures in entrepreneurial spirit, low-overhead no-bureaucracy decision chains, and customer-centricity are getting tempted by the siren song of abundant capital supply....