(Disclosure: Rose Law Group represents Lennar, Meritage Homes, and Taylor Morrison.)
By Mary Salmonsen | Construction Dive
Every year, Builder magazine ranks the top 100 single-family home builders in the U.S. based on closings — including single-family built-for-rent completions, an arena that the nation’s top builders have begun to move into. Some of these builders, including the top two, have also ramped up apartment development over the past two years.
Here’s how the top 10 builders fared in the last year.
1. D.R. Horton
2021 revenue: $27.9 billion
2021 closings: 81,981 (including 359 build-to-rent homes)
Regions: Northeast, Midwest, South, West
Company fact: As of 2022, D.R. Horton has held the top spot on the Builder 100 for 20 consecutive years.
2. Lennar Corp.
2021 revenue: $25.3 billion
2021 closings: 59,825 (including 1,505 condos and 1,457 build-to-rent homes)
Regions: Northeast, Midwest, South, West
Company fact: Founded as F&R Builders in 1954, the name Lennar – adopted when the builder went public in 1971 – comes from the combined first names of then-co-owner Leonard Miller and co-founder Arnold Rosen.
3. PulteGroup
2021 revenue: $13.3 billion
2021 closings: 28,894
Regions: Northeast, Midwest, South, West
Company fact: Through PulteGroup’s Built to Honor program, the 72-year-old builder has donated 64 mortgage-free homes to wounded veterans since 2013.