Tri Pointe Homes, Inc. is 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 headquartered in

Incline Village, Nevada Incline Village is a census-designated place (CDP) on the north shore of Lake Tahoe in Washoe County, Nevada, United States. The population was 8,777 at the 2010 census. It is part of the Reno−Sparks Metropolitan Statistical Area. Until the 20 ...

. 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. The company is the 18th largest home construction company in the United States based on the number of homes closed.

History

Tri Pointe was founded in April 2009 in

Irvine, California Irvine () is a master-planned city in South Orange County, California, United States, in the Los Angeles metropolitan area. The Irvine Company started developing the area in the 1960s and the city was formally incorporated on December 28, 197 ...

by Doug Bauer, Tom Mitchell, and Mike Grubbs. In 2010, it received $150 million in financing from Starwood Capital. In January 2013, Tri Pointe became a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( l ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

. In July 2014, Tri Pointe acquired

Weyerhaeuser Real Estate Company Weyerhaeuser Real Estate Company (WRECO) was a home construction and real-estate developer. WRECO was formed in 1969 as a subsidiary of Weyerhaeuser. It constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area), Par ...

(WRECO), which constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area),

Pardee Homes Pardee Homes is a residential home building company founded in 1921 which currently builds new homes and planned communities in Southern California and the Las Vegas, Nevada, metro region. The company was founded by George Pardee Sr, who was j ...

(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). In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.

Awards and recognition

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.

References

External links

* {{authority control 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