LGIH Profile
LGI Homes, Inc. is a prominent homebuilder engaged in the design, construction, and sale of residential properties across the United States. The company offers a diverse range of housing options, including entry-level homes, which are available as both attached and detached units, and active adult homes under the LGI Homes brand. For the luxury market, LGI Homes provides upscale residences through its Terrata Homes brand, catering to higher-end consumer preferences.
In addition to its primary residential offerings, LGI Homes operates a wholesale segment focused on building and selling homes to entities interested in acquiring single-family rental properties. This aspect of the business allows LGI to reach institutional buyers and expand its market presence beyond traditional home sales.
As of December 31, 2021, LGI Homes managed 101 communities, showcasing its extensive footprint across a broad geographic area. The company's service regions include states such as Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania.
Founded in 2003 and headquartered in The Woodlands, Texas, LGI Homes has established itself as a key player in the residential real estate market. The company's growth and success are driven by its ability to offer a wide range of housing solutions that meet the needs of various customer segments, from first-time homebuyers to those seeking luxury residences.
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