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Tri Pointe Homes

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Tri Pointe Homes, Inc.
FormerlyTRI Pointe Group, Inc.
(2014–2020)
Company typePublic company
NYSE: TPH
S&P 600 component
IndustryHome construction
FoundedApril 2009; 16 years ago (2009-04) in Irvine, California, U.S.
HeadquartersIncline Village, Nevada
Key people
Douglas F. Bauer, CEO
Thomas J. Mitchell, COO
Glenn J. Keeler, CFO
Production output
6,460 new home deliveries
RevenueIncrease $4.423 billion (2024)
Increase $458 million (2024)
Total assetsIncrease $4.891 billion (2024)
Total equityIncrease $3.336 billion (2024)
Number of employees
1,750 (2024)
Websitetripointehomes.com
Footnotes / references
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001561680/000156168025000029/tph-20241231.htm

Tri Pointe Homes, Inc. is a new home builder headquartered in Incline Village, Nevada. The company builds premium homes and communities with deep ties to the communities it serves. Tri Pointe Homes combines the financial resources, technology platforms, and proven leadership of a national organization with the regional insight, long standing community connections and agility of empowered local teams.

Tri Pointe Solutions® offers a comprehensive suite of homebuying services, including a mortgage company and title company, plus homeowner's insurance, title insurance and more.

Tri Pointe Homes operates in Arizona, California, Colorado, the District of Columbia, Florida, Maryland, Nevada, North Carolina, South Carolina, Texas, and Utah. The company is the 18th largest home construction company in the United States based on the number of homes closed.[1]

History

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Tri Pointe was founded in April 2009 in Irvine, California by Doug Bauer, Tom Mitchell, and Mike Grubbs. In 2010, it received $150 million in financing from Starwood Capital.[2]

In January 2013, Tri Pointe became a public company via an initial public offering.[3]

In July 2014, Tri Pointe acquired Weyerhaeuser Real Estate Company (WRECO), which constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area), Pardee Homes (California and Nevada), Maracay Homes (Arizona), Trendmaker Homes, Avanti Custom Homes, Texas Casual Cottages (Texas), Winchester Homes, Camberley Homes, and Everson Homes (Maryland and Virginia).[4][5]

In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.[6][7]

Awards and recognition

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Tri Pointe Homes has won multiple Builder of the Year awards and was named 2024 Developer of the Year by Builder and Developer Magazine.[8]

Tri Pointe was also named to the 2024 Fortune World's Most Admired Companies™ list,[9] is one of the 2023 and 2025 Fortune 100 Best Companies to Work For®[10] and was designated as one of the PEOPLE® Companies that Care in 2023 and 2024.[11] It was also named as a Great Place to Work-Certified™[12] company for four consecutive years, and was named on several Great Place To Work® Best Workplaces[13] lists from 2022 through 2024.

References

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  1. ^ "2024 - Builder 100". Builder. Retrieved 2025-04-29.
  2. ^ Shanesy, Lauren (May 2, 2018). "The Recession Didn't Slow Down This Builder". Builder Magazine.
  3. ^ Daniel, Robert (January 31, 2013). "Tri Pointe Homes IPO up 15% over $17 price". MarketWatch.
  4. ^ "TRI Pointe Homes Closes $2.8 Billion Merger with Weyerhaeuser Real Estate Company" (Press release). Tri Pointe Homes. July 8, 2014.
  5. ^ Hudson, Kris (July 7, 2014). "With Merger Closed, TRI Pointe Homes to Focus on Expansion, New Services". The Wall Street Journal.
  6. ^ "Homebuilder Tri Pointe rebranding local builders under one name". Orange County Register. January 20, 2021.
  7. ^ Gonzales, Angela (January 27, 2021). "Maracay name dropped in Arizona — hello Tri Pointe Homes". American City Business Journals.
  8. ^ Slevin, Fiona (2024-12-19). "Tri Pointe Homes: Founded With a Vision to Redefine the Homebuilding Industry". Builder and Developer Magazine. Retrieved 2025-04-29.
  9. ^ "World's Most Admired Companies". Fortune. Retrieved 2025-04-29.
  10. ^ "Join the Fortune 100 Best Companies to Work For®". Great Place To Work®. Retrieved 2025-04-29.
  11. ^ "Join the PEOPLE® Companies that Care". Great Place To Work®. Retrieved 2025-04-29.
  12. ^ "Certified™ Companies - Best Companies to Work for". Great Place To Work®. Retrieved 2025-04-29.
  13. ^ "Current Best Workplaces Lists | Great Place To Work®". www.greatplacetowork.com. Retrieved 2025-04-29.
[edit]
  • Official website
  • Business data for Tri Pointe Homes, Inc.:
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