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The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8] The company also entered the Tucson, Arizona, market. [9]
[10] [7] The initial business model employed full-time, salaried brokers [11] and was focused only on rentals. [12] The service was launched in May 2013. [13] [12] In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14]
In October 2014, the company purchased Oakmont Home Builders and expanded into North Carolina, South Carolina. [19] In 2015, LGI Homes expanded into Jacksonville, Florida, and Seattle, Washington. [20] In 2016, LGI Homes was named ProBuilder’s ‘Builder of the Year;’ [20] the company was active in 16 markets and 10 states. [20] [21]
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The Suntop Homes, also known under the early name of The Ardmore Experiment, were quadruple residences located in Ardmore, Pennsylvania, and based largely upon the 1935 conceptual Broadacre City model of the minimum houses. The design was commissioned by Otto Tod Mallery of the Tod Company in 1938 in an attempt to set a new standard for the ...
Webb Horton. The mansion was designed by Frank J. Lindsey, a local carpenter turned architect, for Horton, a Delaware County native who had built a fortune starting from a Narrowsburg tanning business, later benefiting from an oil strike in Sheffield, Pennsylvania. The Horton family had been living in an older house on the property since the ...
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