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. The company is the 15th largest home construction company in the United States based on the number of homes closed.[1] The company is in the process of being acquired by Sumitomo Forestry.
History
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.[2]
In January 2013, Tri Pointe became a public company via an initial public offering.[3]
In July 2014, Tri Pointe acquired