Standard Pacific Homes
Get Standard Pacific Homes essential facts below. View Videos or join the Standard Pacific Homes discussion. Add Standard Pacific Homes to your Like2do.com topic list for future reference or share this resource on social media.
Standard Pacific Homes
CalAtlantic Group, Inc.
Public company
Traded as NYSECAA
S&P 400 component
Industry Home construction
Founded 2015; 3 years ago (2015)
Headquarters Arlington, Virginia
Key people
[1]
Production output
14,229 deliveries[1]
Revenue Increase $6.476 billion (2016)[1]
Increase $0.484 billion (2016)[1]
Increase $8.709 billion (2016)[1]
Increase $4.207 billion (2016)[1]
Number of employees
3,055 (2016)[1]
Website www.calatlantichomes.com

CalAtlantic Group, Inc. is a home construction company based in Arlington, Virginia. In 2016, the company was the 5th largest home builder in the United States based on the number of homes closed.[2] The company operates in 40 metropolitan areas in 17 states.

As of December 31, 2016, the company controlled 65,424 home sites and had 583 active communities.[1]

History

The company was formed by the October 2015 merger of Standard Pacific Homes, founded in 1961 by Arthur Svendsen and Ronald Foell, and Ryland Homes, founded in 1967 by James P. Ryan.[3][4]

In August 2016, the company announced plans to develop 250 homes near Charlotte, North Carolina.[5]

In June 2017, the company acquired Oakpointe, LLC and entered the Seattle market.[6][7]

In July 2017, the company paid $10.94 million for a property in Miami-Dade County, Florida that was approved for 220 homes.[8]

In October 2017, CalAtlantic and Lennar Corporation agreed to a $5.7 billion merger. The combined company would become America's largest homebuilder, with combined revenues of $17 billion.[9]

References

External links

Official website


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

Standard_Pacific_Homes
 



 

Top US Cities