CalAtlantic Group, Inc. was a
home construction
Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building generally referred to as a 'home' when giving consideration to the people who might now or someday reside t ...
company based in
Arlington, Virginia
Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county i ...
. In 2018, it was the 4th largest homebuilder in the United States by number of homes closed. It was formed by the October 2015 merger of Standard Pacific Homes and
Ryland Homes. In February 2018, the company was acquired by
Lennar
Lennar Corporation is a home construction company based in the census-designated place of Fontainebleau, Florida, with a Miami postal address. In 2021, the company was the second-largest home construction company in the United States based on the ...
.
History
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. Operations expanded to include San Diego in 1969, Texas in 1978, Arizona in 1998, Colorado in 2000, and Florida in 2002.
On October 1, 2015, Standard Pacific Homes and
Ryland Homes merged to form CalAtlantic.
[
In 2016, ''Builder Magazine'' named CalAtlantic its builder of the year.
In June 2017, the company acquired Oakpointe, LLC and entered the ]Seattle
Seattle ( ) is a port, seaport city on the West Coast of the United States. It is the county seat, seat of King County, Washington, King County, Washington (state), Washington. With a 2020 population of 737,015, it is the largest city in bo ...
market.
In February 2018, the company was acquired by Lennar
Lennar Corporation is a home construction company based in the census-designated place of Fontainebleau, Florida, with a Miami postal address. In 2021, the company was the second-largest home construction company in the United States based on the ...
.
References
{{Reflist
2015 establishments in Virginia
2018 disestablishments in Virginia
2018 mergers and acquisitions
American companies established in 2015
Construction and civil engineering companies of the United States
Companies formerly listed on the New York Stock Exchange
Home builders