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, or simply Arlington, is a County (United States), county in the U.S. state of Virginia. The county is located in Northern Virginia on the southwestern bank of the Potomac River directly across from Washington, D.C., the nati ...

. 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 an American home construction company based in Miami-Dade County, Florida. As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in mu ...

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.

Recognition

In 2016, ''Builder Magazine'' named CalAtlantic its builder of the year. In 2018, it was the 4th largest homebuilder in the United States by number of homes closed.

Acquisitions

In June 2017, the company acquired Oakpointe, LLC and entered the

Seattle Seattle ( ) is the most populous city in the U.S. state of Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the 18th-most populous city in the United States. The city is the cou ...

market. In February 2018, the company was acquired by

References

{{Reflist

External links

Home Restoration
Home builders 2018 mergers and acquisitions 2015 establishments in Virginia 2018 disestablishments in Virginia American companies established in 2015 Construction and civil engineering companies of the United States Companies formerly listed on the New York Stock Exchange