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FBR’s Joint Venture Option with CRH Ventures Expires, Unlocking New US Growth Paths
7:36am on Monday 2nd of June, 2025 AEST
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Technology
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FBR’s Joint Venture Option with CRH Ventures Expires, Unlocking New US Growth Paths
7:36am on Monday 2nd of June, 2025 AEST
Key Points
CRH Ventures did not exercise the joint venture option by the February 16, 2025 deadline
FBR received US$2 million in non-refundable payments during the Demonstration Program
Successful demonstration included building 10 code-compliant houses in Florida
FBR now free to negotiate financing and partnerships independently in the US
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