CalAtlantic Homes
American home construction company
From Wikipedia, the free encyclopedia
CalAtlantic Group, Inc. was a home construction company based in Arlington, Virginia. It was formed by the October 2015 merger of Standard Pacific Homes and Ryland Homes. In February 2018, the company was acquired by Lennar.[2]
IndustryHome construction
PredecessorsStandard Pacific Homes and Ryland Homes
FoundedOctober 1, 2015
DefunctFebruary 12, 2018
 | |
| Industry | Home construction |
|---|---|
| Predecessors | Standard Pacific Homes and Ryland Homes |
| Founded | October 1, 2015 |
| Defunct | February 12, 2018 |
| Fate | Acquired by Lennar |
| Headquarters | Arlington, Virginia |
Key people | Scott D. Stowell, Chairman Larry T. Nicholson, CEO & President Jeff J. McCall, CFO |
Production output | 14,229 deliveries |
| Revenue |  $6.476 billion (2016) |
| $0.484 billion (2016) | |
| Total assets | $8.709 billion (2016) |
| Total equity | $4.207 billion (2016) |
Number of employees | 3,055 (2016)[1] |
| Footnotes / references [1] | |
History
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965.[3] Operations expanded to include San Diego in 1969,[4] Texas in 1978,[5] Arizona in 1998, Colorado in 2000, and Florida in 2002.
On October 1, 2015, Standard Pacific Homes and Ryland Homes merged to form CalAtlantic.[1]