The AV Homes Story
AV Homes’ business focuses on the development and construction of residential communities serving a wide range of consumer segments. Communities for first-time and move-up buyers are marketed under local brands in some cases. AV Homes also builds large-scale active adult communities, which are age-restricted to the 55 and over demographic and typically include resort-style amenities such as clubhouses, swimming pools and fitness centers.
Formed in 1970, AV Homes has built and closed over 20,000 homes nationwide and is publicly traded on the NASDAQ under the symbol AVHI. Renowned for its commitment to quality and attention to detail in construction, AV Homes is considered a top builder with expertise in traditional first time and move-up buyer segments as well as the 55-Plus market.
AV Homes has expanded its footprint through several acquisitions beginning with the 2010 acquisition of Arizona home builder, Joseph Carl Homes. This was followed by the 2014 acquisition of Orlando, Florida-based Royal Oak Homes, the 2015 acquisition of Charlotte, North Carolina based Bonterra Builders, the 2017 acquisition of Raleigh, North Carolina based Savvy Homes and the 2018 acquisition of Oakdale/Hampton Homes in greater Dallas-Fort Worth. Today, AV Homes is actively engaged in homebuilding, land development and other real estate operations in multiple states including Florida, the Carolinas, Arizona and Texas.