Dunhill Homes: TRI Pointe Group Expands Into Top U.S. Metro Area With Acquisition of Dunhill Homes, a Winchester Carlisle Company, in Dallas-Fort Worth

DALLAS, Dec. 11, 2018 (GLOBE NEWSWIRE) -- TRI Pointe Group (NYSE:TPH), one of the top ten largest public homebuilders in the United States based on equity market capitalization, announced today that it is expanding its Texas footprint with the acquisition of Dallas-based homebuilder Dunhill Homes and its 55+ brand Nathan Carlisle Homes, both Winchester Carlisle Companies, for a cash purchase price of approximately $60 million.Rodriguez brings 20 years of real estate experience in homebuilding, development and commercial construction to his new position.With more than 300 homes expected to be delivered for the full year 2018 and nearly 1,500 lots owned or controlled as of December 11th, 2018 in the Dallas-Fort Worth region, the acquisition of Dunhill Homes provides TRI Pointe with a strong and instant presence in the No. 1 homebuilding market nationally with both entry-level, first move-up and 55+ communities.1Effective January 1, 2019, Dunhill Homes and Nathan Carlisle will begin operating under the name of Trendmaker Homes, which is TRI Pointe's established regional homebuilding brand in Houston and Austin."When researching entry into the Dallas-Fort Worth market, our goal was to identify a customer-driven, best-in-class local company with a strong leadership team with the same kind of values, mission and vision that defines TRI Pointe," said TRI Pointe Group CEO Doug Bauer. "Seeing a close alignment of culture and philosophy, it quickly became clear that company was Dunhill Homes. Our newest division will benefit from the financial resources, economies of scale, thought ...Full story available on Benzinga.com