CalAtlantic Group, Inc.
New York Stock ExchangeRecent
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ROIC.AI
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- CalAtlantic Group, Inc. operates as a residential homebuilder, specializing in constructing single-family homes, townhomes, and condominiums primarily for entry-level, move-up, and luxury market homebuyers. The company offers a wide range of home designs and floor plans, with residences typically ranging in size from approximately 1,100 to over 6,000 square feet and priced from $165,000 to over $2 million. It also engages in land acquisition and development, both independently and through joint ventures, and provides mortgage financing services to its homebuyers. CalAtlantic operates across approximately 40 metropolitan markets in 17 U.S. states, covering regions from the West Coast to the Atlantic Coast. Founded in 2015 through the merger of Standard Pacific Homes and Ryland Group, CalAtlantic is headquartered in Arlington, Virginia. It was recognized as the fourth largest homebuilder in the United States by number of homes closed in 2018. The company emphasizes innovative architectural designs and customer customization options through design centers. A major recent development is CalAtlantic’s acquisition by Lennar Corporation in early 2018, a transaction valued at about $6 billion, which made Lennar the largest homebuilder in the U.S. Since the acquisition, CalAtlantic has operated as part of Lennar’s homebuilding segment, expanding Lennar’s geographic footprint and product offerings. There are no more recent independent operational changes reported for CalAtlantic as it has been integrated within Lennar’s broader business framework. Thus, CalAtlantic Group, Inc. specializes in residential construction, land development, and financing services across a diverse U.S. market footprint, with its latest major change being its 2018 acquisition by Lennar Corporation, positioning it within the nation’s largest homebuilding enterprise.
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