United Homes Group Wins the 2024 Builder of the Year Award from BUILDER Magazine

Congratulations to Ashton Woods as the 2023 winner of the renowned Builder of the Year award, presented by BUILDER magazine, a Zonda Media brand. The privately-owned firm, based in Atlanta, GA and founded in 1989, grew from $300 million to over $3 billion over the past ten years, with closings increasing an impressive 252% since 2016 and 80% since 2020. With 8,591 homes closed and $3.5 billion dollars in revenue, Ashton Woods is ranked 12th on the Builder 100 list this year. Because of the company’s incredible growth and business acuity, Ashton Woods has earned the esteemed title of Builder of the Year, presented today at the annual Builder 100 conference.

“For years, Ashton Woods has continually ascended the ranks of the Builder 100 list,” said Jeff Meyers, CEO of Zonda. “And it is no surprise—their strategic business acumen combined with their ability to read the market and act quickly to create opportunity consistently sets them apart. We are proud to present Ashton Woods as the 2023 Builder of the Year.”

Ashton Woods’ industry-leading design, delivered via its award-winning Studios and AW Collections, fueled the company’s early growth over the past decade. In 2017, the company launched Starlight Homes, its entry-level brand focused on making the dream of home ownership a reality, particularly for first-time homebuyers, and they’ve never looked back.

“This honor is truly a testament to the collective work of our entire team,” said Ken Balogh, President and CEO of Ashton Woods. “While it was never a stated goal of ours to be named Builder of the Year, it is a by-product of the incredible talent we have across the organization and a culture that empowers our teams to take big swings, make an impact and do the right thing. Every single one of our employees should feel a great sense of pride in this recognition.”

Balogh attributes the company’s phenomenal growth to a culture that supports agile decision-making and empowers its employees to own their piece of the business at every level.

“This is really the core of our DNA. We’ve got a passionate team that is never satisfied with the status quo. We are always looking for ways to grow the business and we’ve got a team that has proven they can pull off anything they set their minds to. This is just the beginning; the best is yet to come.”

Ashton Woods currently sells homes in Atlanta, Austin, Charleston, Dallas, Houston, Myrtle Beach, Orlando, Phoenix, Raleigh, San Antonio and Tampa – with plans to continue expansion into Nashville and Greensboro this year.

The Builder of the Year winner is chosen from the ranks of the annual Builder 100 list, developed from data gathered by Zonda. This award recognizes leaders within the home building industry who exemplify a passion and commitment to excellence in new-home construction.

About Ashton Woods

Ashton Woods is one of the nation’s largest private homebuilding companies, delivering over 60,000 homes to homeowners over the course of its 30-plus years in business. The company markets its homes through its two award-winning brands, Ashton Woods Homes and Starlight Homes. The Ashton Woods brand is known for designing thoughtfully curated, inspired homes for people who love design. The company’s industry leading experience at The Studio and with AW Collections results in exceptional design and special designer touches in every Ashton Woods home. The Starlight Homes brand builds homes specifically for the first-time homebuyer, offering affordable homes with well-executed designs and quality finishes for buyers looking to make the dream of home ownership a reality. The company’s commitment to innovation and continually evolving to meet the needs of the market is a key reason it is one of the most celebrated homebuilders in the nation, winning hundreds of national and local industry awards in product design, community design, architecture, merchandising, sales, marketing, customer service and innovation and, most recently, being named Builder of the Year by Builder Magazine.

Congratulations to Landsea Homes Corporation, the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, a Zonda Media brand. Through consecutive strategic moves, the Newport Beach-based home builder saw a historical year of transformation after going public, exceeding $1 billion in revenue, acquiring Vintage Estate Homes, expanding into the Texas and Florida markets, and completing 1,640 closings. All of which culminated to earn Landsea Homes the 47th spot on the coveted Builder 100 list along with the Builder of the Year title.

“Landsea Homes unequivocally earned the Builder of the Year award through its methodical approach to sustainability and growth,” said Jeff Meyers, CEO of Zonda. “Its commitment and dedication to designing healthy and environmentally sustainable homes has set the home builder apart as an industry leader, which has been demonstrated by its success. We are proud to honor Landsea Homes with this award.”

Landsea Homes was formed in 2013, went public in January 2021, acquired Vintage Estate Homes, a Florida-based builder in May, and established a $500 million unsecured revolving credit facility in the fall. The growth allowed the builder to purchase over 900 lots in a master-planned community in Texas. Additionally, Landsea Homes expanded its already-established Arizona and California markets, adding over 2,300 and 1,000 homesites, respectively. Landsea Homes closed the fiscal year with an impressive 40% growth on a year-over-year basis.

“It is a supreme honor to be named Builder of the Year, especially this year, given our company’s incredible growth. We continue to move into more markets and expand our brand strategically and quickly, and are building an ever-increasing number of high-quality, High Performance Homes that allow people to truly live in their element,” said John Ho, CEO of Landsea Homes. “Our leadership team and employees across all divisions are proud to receive this recognition from a publication as esteemed as BUILDER magazine.”

Adding to its Builder of the Year qualifications is the company’s unique holistic approach to sustainability via its High Performance Homes program, a four-tiered system focusing on automation, sustainability, energy savings, and healthy lifestyle. All of Landsea Homes’ High Performance Homes:

• Utilize Apple® HomeKit to consolidate home automation;
• Are built with energy-efficient appliances and technologies;
• Use environmentally conscious building materials and waste recycling programs during construction; and
• Come equipped with whole-home air purifiers and thermostats that alert homeowners when filters need to be changed.

Following a successful 2021, Landsea Homes continued its streak with the acquisition of Hanover Family Builders in January 2022. Together with the 103rd-ranked builder’s numbers, Landsea Homes’ closings come to 2,228, which would move the builder to the 37th spot on the Builder 100 list.

“Every member of the Landsea Homes team pours their heart and energy into building the highest quality homes where lifelong memories are made. We approach every project with the utmost commitment and excitement. To be recognized as Builder of the Year is a reflection on all the hard work, high standards and dedication set forth by the team, and is a great driver to build on this momentum in the future,” said Mike Forsum, president and COO of Landsea Homes.

The Builder of the Year winner is chosen from the ranks of the annual Builder 100 list, developed from data gathered by Zonda. This award recognizes leaders within the home building industry who exemplify a passion and commitment to excellence in new-home construction.

“To be recognized as Builder of the Year is a reflection on all the hard work, high standards and dedication set forth by the team, and is a great driver to build on this momentum in the future,” said Mike Forsum, COO of Landsea Homes.

About Landsea Homes

Landsea Homes Corporation (Nasdaq: LSEA) is a publicly-traded residential home builder based in Newport Beach, Calif. that designs and builds best-in-class suburban, single-family detached and attached homes, mid-and high-rise properties, and sustainable master-planned communities in some of the nation’s most desirable markets. Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to “Live in Your Element.” Landsea Homes is committed to positively enhancing the lives of homebuyers, employees, and stakeholders by creating an unparalleled lifestyle experience.