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Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly. [8] In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH. [8] In 2011, the company unveiled its first net-zero energy homes, in Buckeye, Arizona. [9]
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George. [4]In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
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]
Lennar dates back to F&R Builders, a company founded in 1954 by Gene Fisher and real estate developer Arnold P. Rosen. In 1956, Leonard Miller, who later became the namesake of the Miller School of Medicine at the University of Miami, a 23-year-old entrepreneur that owned 42 lots in Miami-Dade County, Florida, invested $10,000 and partnered with the company.
On July 6, 2007, the United Kingdom-based parent companies of Morrison Homes Inc. and Taylor Woodrow Inc. joined. Taylor Woodrow Plc. and George Wimpey Plc. formed a new company, Taylor Wimpey Plc., becoming one of the world's largest home building companies. Morrison Homes joined with Taylor Woodrow as part of the parent company formation.
About a third of the more than 140,000 NAHB members are home builders or remodelers. [2] The rest of the membership works in closely related specialties such as sales and marketing, housing finance, and building materials manufacturing and supply. Each year, NAHB members build approximately 80% of new homes constructed in the United States.
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Beazer Homes USA, Inc. is a home construction company based in Atlanta, Georgia. In 2016, the company was the 11th largest home builder in the United States based on the number of homes closed. [2] The company operates in 13 states. [1] As of December 31, 2016, the company had 161 active communities. [1]