Tri Pointe Homes
| Formerly | TRI Pointe Group, Inc. (2014–2020) |
|---|---|
| Company type | Public company |
| NYSE: TPH S&P 600 component | |
| Industry | Home construction |
| Founded | April 2009 in Irvine, California, U.S. |
| Headquarters | Incline Village, Nevada |
Key people | Douglas F. Bauer, CEO Thomas J. Mitchell, COO Glenn J. Keeler, CFO |
Production output | 6,188 new home deliveries |
| Revenue |  $3.970 billion (2021) |
| $469 million (2021) | |
| Total assets | $4.336 billion (2021) |
| Total equity | $2.447 billion (2021) |
Number of employees | 6,182 (2021) |
| Website | tripointehomes |
| Footnotes / references [1] | |
Tri Pointe Homes, Inc. is a home construction company headquartered in Incline Village, Nevada. It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia.[1] The company is the 18th largest home construction company in the United States based on the number of homes closed.[2]
History
[edit | edit source]Tri Pointe was founded in April 2009 in Irvine, California by Doug Bauer, Tom Mitchell, and Mike Grubbs. In 2010, it received $150 million in financing from Starwood Capital.[3]
In January 2013, Tri Pointe became a public company via an initial public offering.[4]
In July 2014, Tri Pointe acquired Weyerhaeuser Real Estate Company (WRECO), which constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area), Pardee Homes (California and Nevada), Maracay Homes (Arizona), Trendmaker Homes, Avanti Custom Homes, Texas Casual Cottages (Texas), Winchester Homes, Camberley Homes, and Everson Homes (Maryland and Virginia).[5][6]
In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.[7][8]
Awards and recognition
[edit | edit source]TRI Pointe Group was named 2019 Builder of the Year by Builder and Developer magazine, recognized in Fortune magazine's 2017 100 Fastest-Growing Companies list, and garnered the 2015 Builder of the Year Award by Builder magazine.[9]
References
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External links
[edit | edit source]- Official website
- Business data for Tri Pointe Homes, Inc.:
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- 2009 establishments in California
- American companies established in 2009
- Companies based in Nevada
- Companies listed on the New York Stock Exchange
- Construction and civil engineering companies of the United States
- Home builders
- Organizations based in Irvine, California
- Real estate companies established in 2009