The story
Tri Pointe was founded in April 2009 in Irvine, California by Doug Bauer, Tom Mitchell, and Mike Grubbs. In 2010, it received $150 million in financing from Starwood Capital.
In January 2013, Tri Pointe became a public company via an initial public offering.
In July 2014, Tri Pointe acquired Weyerhaeuser Real Estate Company (WRECO), which constructed homes under the names Quadrant Homes (greater Seattle and Puget Sound area), Pardee Homes (California and Nevada), Maracay Homes (Arizona), Trendmaker Homes, Avanti Custom Homes, Texas Casual Cottages (Texas), Winchester Homes, Camberley Homes, and Everson Homes (Maryland and Virginia).
In January 2021, the company changed its corporate name and rebranded all of its subsidiaries under the name Tri Pointe Homes.
In 2026, Sumitomo Forestry agreed to acquire the company for $47 per share, valuing the deal at about $4.5 billion. The deal was completed in May, 2026 with Tri Pointe Homes becoming a wholly owned subsidiary of Sumitomo Forestry America, Inc., which is a wholly owned subsidiary of Sumitomo Forestry Group, and ceased trading on the New York Stock Exchange.
From Wikipedia’s article on Tri Pointe Homes, shared under CC BY-SA 4.0.6
