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 Weyerhaeuser Real Estate Company (WRECO), which constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area), Pardee Homes (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).[4][5]
In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.[6][7]
In 2026, Sumitomo Forestry agreed to acquire the company.[8]
External links
References
- The Top 100 Zonda^
- Lauren Shanesy. The Recession Didn't Slow Down This Builder Builder Magazine, May 2, 2018^
- Robert Daniel. Tri Pointe Homes IPO up 15% over $17 price MarketWatch, January 31, 2013^
- TRI Pointe Homes Closes $2.8 Billion Merger with Weyerhaeuser Real Estate Company Tri Pointe Homes, July 8, 2014^
- Kris Hudson. With Merger Closed, TRI Pointe Homes to Focus on Expansion, New Services The Wall Street Journal, July 7, 2014^
- Homebuilder Tri Pointe rebranding local builders under one name Orange County Register, January 20, 2021^
- Angela Gonzales. Maracay name dropped in Arizona — hello Tri Pointe Homes American City Business Journals, January 27, 2021^
- AMI KUROSAWA. Sumitomo Forestry to become 5th-largest US homebuilder with $4.2bn buy The Nikkei, February 13, 2026^