Standard Pacific Homes
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CalAtlantic Group, Inc. was a
home construction Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building generally referred to as a 'home' when giving consideration to the people who might now or someday reside th ...
company based in
Arlington, Virginia Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county ...
. In 2018, it was the 4th largest homebuilder in the United States by number of homes closed. It was formed by the October 2015 merger of Standard Pacific Homes and
Ryland Homes The Ryland Group, Inc. was a company engaged in home construction based in Westlake Village, California. In 2015, it was the 5th largest homebuilder in the United States. In October 2015, the company merged with Standard Pacific Homes to form ...
. In February 2018, the company was acquired by
Lennar Lennar Corporation is a home construction company based in the census-designated place of Fontainebleau, Florida, with a Miami postal address. In 2021, the company was the second-largest home construction company in the United States based on the ...
.


History

Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. Operations expanded to include San Diego in 1969, Texas in 1978, Arizona in 1998, Colorado in 2000, and Florida in 2002. On October 1, 2015, Standard Pacific Homes and
Ryland Homes The Ryland Group, Inc. was a company engaged in home construction based in Westlake Village, California. In 2015, it was the 5th largest homebuilder in the United States. In October 2015, the company merged with Standard Pacific Homes to form ...
merged to form CalAtlantic. In 2016, ''Builder Magazine'' named CalAtlantic its builder of the year. In June 2017, the company acquired Oakpointe, LLC and entered the
Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...
market. In February 2018, the company was acquired by
Lennar Lennar Corporation is a home construction company based in the census-designated place of Fontainebleau, Florida, with a Miami postal address. In 2021, the company was the second-largest home construction company in the United States based on the ...
.


References

{{Reflist 2015 establishments in Virginia 2018 disestablishments in Virginia 2018 mergers and acquisitions American companies established in 2015 Construction and civil engineering companies of the United States Companies formerly listed on the New York Stock Exchange Home builders