M.D.C. Holdings, Inc. is an American home construction company with headquarters in Denver, Colorado. The company has operations in

Arizona Arizona is a U.S. state, state in the Southwestern United States, Southwestern region of the United States, sharing the Four Corners region of the western United States with Colorado, New Mexico, and Utah. It also borders Nevada to the nort ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

Colorado Colorado is a U.S. state, state in the Western United States. It is one of the Mountain states, sharing the Four Corners region with Arizona, New Mexico, and Utah. It is also bordered by Wyoming to the north, Nebraska to the northeast, Kansas ...

Florida Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic ...

Idaho Idaho ( ) is a landlocked U.S. state, state in the Pacific Northwest and Mountain states, Mountain West subregions of the Western United States. It borders Montana and Wyoming to the east, Nevada and Utah to the south, and Washington (state), ...

Maryland Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east ...

, Nevada, Oregon, Pennsylvania,

Tennessee Tennessee (, ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Kentucky to the north, Virginia to the northeast, North Carolina t ...

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

Utah Utah is a landlocked state in the Mountain states, Mountain West subregion of the Western United States. It is one of the Four Corners states, sharing a border with Arizona, Colorado, and New Mexico. It also borders Wyoming to the northea ...

Virginia Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States ...

and

Washington Washington most commonly refers to: * George Washington (1732–1799), the first president of the United States * Washington (state), a state in the Pacific Northwest of the United States * Washington, D.C., the capital of the United States ** A ...

. On January 18, 2024,

Sekisui House is one of Japan's largest homebuilders. It was founded on August 1, 1960 and is headquartered in Osaka. In 2009, Sekisui House expanded into Australia. The company has origins in and is affiliated with Sekisui Chemical, which once was a major ...

agreed to acquire the company for approximately $5 billion.

History

The company was founded by Larry A. Mizel as Mizel Development Corporation in 1972. The first homebuilding subsidiary began operation in 1977, primarily building single-family homes. The company was ranked 12 on the annual Builder 100 list published by

Builder Magazine Builder may refer to: Construction * Construction worker, who specializes in building work * Carpenter, a skilled craftsman who works with wood * General contractor, that specializes in building work ** Subcontractor * Real estate developer, who ...

in 2021. MDC debuted on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

in 1984.

Affiliate companies

MDC's homebuilding subsidiaries construct single-family homes under the name "Richmond American Homes". MDC is also the parent company to mortgage financing through its wholly owned subsidiary HomeAmerican Mortgage Corporation. Other affiliate companies include American Home Insurance Agency, Inc. and American Home Title and Escrow Company.

Charitable work

The MDC/Richmond American Homes Foundation was established in 1999 as a vehicle for charitable giving. Since inception, millions of dollars have been donated to organizations across the United States and abroad. The Foundation restructured in 2016 and is currently a supporting organization of Lion Global Foundation. Following the

September 11 attacks The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...

in 2001, MDC, its employees and subcontractors raised $1.1 million for victims. The company was then presented with the Extraordinary Service to Humanity Award in New York in 2003.

References

External links

M.D.C. Holdings Investor Relations
1980s initial public offerings Companies based in Denver Companies formerly listed on the New York Stock Exchange 2024 mergers and acquisitions {{US-manufacturing-company-stub