BREAKING NEWS

People in Real Estate: Bukowski, Makris, Pittman, Walck – and…

Texas Footwear Alert: Cowboy Boot Store to be Built in…

Hybrid Tower Sprouts Upward in New Design-Forward Fitzroy

Huge Amazon Warehouse Sold

Randalls Leaves 3-Acre Opportunity in Downtown Bellaire

The Next Houston Growth Corridor? Hint: Land Deals Happening

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • Houston 2020
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

TRI Pointe Becomes One of Nation’s Largest Builders with the Purchase of Trendmaker Homes and Four Other Home Builders

by Realty News ReportNovember 4, 2013January 20, 2021
Share0

IRVINE, Calif. – Trendmaker Homes, one of the largest builders in Houston, and four other builders across the nation,  have acquired by TRI Pointe Homes for $2.8 billion. The builders had been subsidiaries of Weyerhaueser Co., one of the world’s largest lumber and building products companies.  With the completion of this deal, which was announced in 2013, TRI Pointe became one of the nation’s top 10 home builders.

TRI Pointe bought Weyerhaeuser’s five market-leading brand builders  with operations in key growth markets: Pardee Homes – Southern California and Las Vegas; Trendmaker Homes – Texas; Maracay Homes – Arizona; Winchester Homes – Washington, DC metro area; and Quadrant Homes – Puget Sound region of Washington State.  As a group, Weyerhaeuser’s builder subsidiary ranked as the nation’s 18th largest home builder in 2012,  selling 2,314 homes and generated more than $1 billion in revenue.

Since 1971 Trendmaker Homes has been building houses in Houston, constructing about 500 homes annually, most of them priced at at $400,000 or more.  In addition, to building trade-up houses in Houston, Trendmaker has become a significant player in the vacation home market in central Texas. Will Holder, president of Trendmaker, is a frequently quoted building industry spokesman and he has been with the firm since March 1993. Holder was president of the Greater Houston Builders Association in 2012.

Irvine, Calif.-based TRI went public in an IPO last year . Based in Irvine, Calif,  Tri Pointe is controlled by Barry Sternlicht, owner of Starwood Capital. With this deal, Tri Pointe would become one of the nation’s largest home builders.

Deutsche Bank Securities is serving as financial advisor to TRI Pointe and Gibson, Dunn & Crutcher LLP is TRI Pointe’s legal advisor.

Share0
previous post
Multifamily Deals
next post
Hines to Redevelop Walter Reed Army Hospital into 3 Million SF Town Center; Weingarten Realty and Toll Bros. also Partners in Massive Historic Redevelopment

Related posts

People in Real Estate: Bukowski, Makris, Pittman, Walck – and more

Realty News ReportJanuary 21, 2021January 21, 2021

Texas Footwear Alert: Cowboy Boot Store to be Built in Rosenberg

Realty News ReportJanuary 21, 2021

Trendmaker Homes Changes Name to Tri Pointe Homes

Realty News ReportJanuary 20, 2021January 21, 2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

Cresa Ad
Newmark Knight Frank Ad
Ziegler Cooper Ad
1100 Lousiana Ad
NAI Partners Ad
Madison Marquette Ad
CBRE Ad
Avison Young Ad
Hines Ad
Avera Ad
Arch Con Corporation Ad
811 Lousiana Ad
Alpha Office Escalations
Hunington Ad
RNR - Lincoln Property Company
Lee & Associates Ad
910 Louisiana Ad
Greenstreet Ad
STREAM Ad
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2020 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • Houston 2020
  • About
  • Contact