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. 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.
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.
In August 2016, the company announced plans to develop 250 homes near Charlotte, North Carolina.
In June 2017, the company acquired Oakpointe, LLC and entered the Seattle market.
In July 2017, the company paid $10.94 million for a property in Miami-Dade County, Florida that was approved for 220 homes.
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.
- ^ a b c d e f g h "CalAtlantic Group, Inc. 2016 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "The Top 100: 2017". builderonline.com.
- ^ "Standard Pacific Corp. and The Ryland Group, Inc. Merge to Create CalAtlantic Group, Inc., America's Fourth Largest Homebuilding Company" (Press release). PRNewswire. October 1, 2015.
- ^ Setter, Pat (June 10, 2017). "CalAtlantic Homes ramping up new projects across county". The San Diego Union-Tribune.
- ^ Fahey, Ashley (August 9, 2016). "National homebuilder to develop 250 homes at Rea Farms". American City Business Journals.
- ^ "CalAtlantic Homes Enters Seattle Market" (Press release). PRNewswire. June 13, 2017.
- ^ COLLINS, JEFF (June 15, 2017). "CalAtlantic acquires Seattle homebuilding operation". Orange County Register.
- ^ Bandell, Brian (July 28, 2017). "National homebuilder pays $11M for approved development site in Miami-Dade". American City Business Journals.
- ^ Gara (October 30, 2017). "Lennar And CalAtlantic Strike $5.7 Billion Merger To Create Nation's Largest Homebuilder". Forbes.