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TRI Pointe expands into Dallas-Fort Worth area with Dunhill Homes buy

Published 12/11/2018, 05:11 PM
© Reuters.  TRI Pointe expands into Dallas-Fort Worth area with Dunhill Homes buy
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  • TRI Pointe Group (NYSE:TPH) acquires Dallas-based Dunhill Homes and 55+ brand Nathan Carlisle Homes for about $60M in cash, giving the company a presence in the Dallas-Fort Worth region, the No. 1 homebuilding market in the U.S.
  • Effective Jan. 1, 2019, Dunhill Homes and Nathan Carlisle will operate under the Trendmaker Homes name.
  • The acquired businesses are expected to deliver more than 300 homes in 2018; almost 1,500 lots will be owned or controlled in the region as of Dec. 11.
  • Previously: Tri Pointe adds Amazon (NASDAQ:AMZN)'s Alexa to all six of its home brands (Oct. 31)
  • Now read: Allied Properties' Outlook Is Favorable In 2019


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