A V Homes, Inc.
|A V Homes, Inc.|
|Key people||Roger A. Cregg (CEO), Michael S. Burnett (CFO), Joshua L. Nash, Dave M. Gomez, Joseph Carl Mulac, III |
|Investors||TPG (formerly Texas Pacific Group) |
|Number of employees||200-500|
AV Homes, Inc. engages in the homebuilding and community development businesses in Florida, Arizona, and the Carolinas markets. The company operates through three segments: Florida, Arizona, and the Carolinas. It is involved in the acquisition, development, and building of active adult communities, which are age-restricted to the age 55 and over active adult demographic; and primary residential home communities under local Bonterra Builders and Royal Oak Homes brands for first-time and move-up buyers. The company also engages in the construction and sale of residences within the communities. In addition, it is involved in other real estate activities, such as the operation of amenities; and the sale of commercial, industrial, or other land for third-party development. 
As of December 31, 2015, it owned 5,014 developed residential lots; 3,139 partially developed residential lots; 8,652 undeveloped residential lots; and 14,449 acres of mixed-use, commercial, and industrial land. The company was formerly known as Avatar Holdings Inc. and changed its name to AV Homes, Inc. in February 2012. AV Homes, Inc. was founded in 1970 and is headquartered in Scottsdale, Arizona.
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