| Tri Pointe Homes, Inc. | |
| Former Name: | TRI Pointe Group, Inc. (2014–2020) |
| Type: | Public company |
| Traded As: | S&P 600 component |
| Industry: | Home construction |
| Location: | Incline Village, Nevada |
| Founded: | in Irvine, California, U.S. |
| Key People: | Douglas F. Bauer, CEO Thomas J. Mitchell, COO Glenn J. Keeler, CFO |
| Production: | 6,188 new home deliveries |
| Revenue: | $3.970 billion (2021) |
| Net Income: | $469 million (2021) |
| Assets: | $4.336 billion (2021) |
| Equity: | $2.447 billion (2021) |
| Num Employees: | 6,182 (2021) |
| Footnotes: | [1] |
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.[1] The company is the 18th largest home construction company in the United States based on the number of homes closed.[2]
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.[3]
In January 2013, Tri Pointe became a public company via an initial public offering.[4]
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).[5] [6]
In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.[7] [8]
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.[9]