Tri Pointe Homes Announces Everstead, a New Single-Family Home Community Coming to Raleigh
Tri Pointe Homes announced Everstead, a new 284-home single-family community at 8113 Ligon Mill Road in North Raleigh. Homes will span six floorplans from roughly 1,400 to 2,700 square feet, anticipated to start from the $500Ks, with sales scheduled to begin in February 2027. The release is a routine community-launch announcement with no disclosed financial impact; a ~3,200 sq. ft. amenity center is expected to open in 2028.
Tri Pointe Homes Named to Best Workplaces in Construction List by Great Place To Work and Fortune for the Fifth Consecutive Year
Tri Pointe Homes was named to the 2026 Fortune Best Workplaces in Construction list by Great Place To Work and Fortune, its fifth consecutive year earning the recognition. Selection is based solely on confidential employee survey feedback, with the 2026 list drawing on responses from more than 64,000 construction-industry employees. The release is an employer-branding announcement with no financial results, guidance, or operational changes; material relevance to investors is minimal.
Tri Pointe Homes Acquires 60.4 Acres in Bluffton’s New Riverside Final Phase
Tri Pointe Homes acquired 60.4 acres in Bluffton, South Carolina to develop 76 single-family homesites in the final phase of the 3,600-acre New Riverside development. Development is expected to begin in September 2026, with home construction starting in late 2027 and sales projected to launch in 2028. The purchase extends Tri Pointe's footprint in the fast-growing Hilton Head-Savannah corridor, though no purchase price or financial impact was disclosed.
Tri Pointe Homes Announces Early Fall Sales Opening for The Townes at Willow Park in Morrisville
Tri Pointe Homes announced that The Townes at Willow Park, a new townhome community in Cary, North Carolina, will officially open for sales on October 5, 2026. The development will feature approximately 134 townhomes across four floorplans ranging from 2,011 to 2,449 square feet, with pricing anticipated to start in the $500Ks. Located centrally in the Triangle region, the community offers proximity to major employers and amenities, including smart home technology and energy-efficient construction.
TPH: 10-Q · periodic report
Tri Pointe Homes filed its Q2 2026 Form 10-Q reporting a net loss of $157.7 million versus net income of $60.7 million a year earlier, driven by roughly $196.8 million of charges tied to the Sumitomo Forestry merger, including $73.8 million of transaction expenses and $122.1 million of accelerated compensation costs. Operations weakened alongside the one-time charges: home sales revenue fell 22% to $685.1 million on 1,013 deliveries (down 24%), homebuilding gross margin compressed to 18.0% from 20.8% as incentives climbed to 10.0% of revenue, and the company took $19.7 million of impairment and lot option abandonment charges. Net new orders rose 1% to 1,147 while backlog value slipped 10% to $1.1 billion. The quarter's defining event closed on May 14, 2026, when the merger with Sumitomo Forestry converted each share into $47.00 in cash, delisted the stock from the NYSE, and left Tri Pointe as an indirect wholly owned subsidiary of Sumitomo Forestry with just 100 shares outstanding as of July 30, 2026. The balance sheet remains solid despite cash falling to $462.1 million from $982.8 million at year-end, with a 25.9% homebuilding debt-to-capital ratio, no revolver borrowings, and $821 million of availability under the $850 million facility.
Tri Pointe Homes, Inc. Reports 2026 Second Quarter Results
Tri Pointe Homes reported Q2 revenue of $685.1 million, down 22.1% year-over-year, and recorded a GAAP net loss of $157.7 million. Results were negatively impacted by $196.8 million in charges associated with the Sumitomo Forestry transaction and $19.7 million in inventory impairments, leading adjusted income before taxes to fall to $51.2 million. Net new orders increased slightly to 1,147 homes with a cancellation rate of 11%, while the total backlog value decreased to $1.1 billion.
Tri Pointe Homes Makes a Return to Poulsbo With Latest Community, Plateau at Liberty Bay
Tri Pointe Homes Named to 2026 PEOPLE® Companies That Care List, Marking the Homebuilder’s Fourth Consecutive Year of Recognition
Tri Pointe Homes was named to the 2026 PEOPLE Companies That Care list for the fourth consecutive year, recognizing its workplace culture and community investment. The award is based on over 1.3 million employee survey responses and data validating the company’s commitment to care, empowerment, and sustainability. Leadership credited the distinction to the company's H.E.A.R.T. values and initiatives like paid volunteer time and professional development programs.
Tri Pointe Homes Unveils the Future of Whole-Home Wellness with Debut of Livingwell Concept Home at Pavilions at Holladay Hills
Tri Pointe Homes debuted its LivingWell concept home at the Pavilions at Holladay Hills, a collection of six luxury estate residences in Utah. Developed in collaboration with designer Bobby Berk, the homes range from 6,811 to 9,800 square feet and start in the high $3 millions, featuring wellness-focused designs like indoor courtyards and flexible spaces. The LivingWell platform is intended to influence future communities across the company's national portfolio, building on its existing LivingSmart sustainability program.
Experience 55+ Living at the Altis™ at Serenity Lifestyle Showcase Event
Tri Pointe Homes announced it will host a Lifestyle Showcase event on Sept. 12 for its new 55+ active adult community, Altis at Serenity, in Fuquay-Varina, N.C. The free public event will feature tours of seven model homes and the amenity center, alongside local vendors, food trucks, and live music. VP of Community Experience James Flanagan emphasized the community's focus on fostering friendships and redefining active adult living for prospective residents.
Tri Pointe Homes, Inc. Reports 2026 First Quarter Results
Tri Pointe Homes reported first-quarter revenue of $506.5 million, a 29.7% decrease from the prior year, with net income falling 89.4% to $6.8 million. Operational metrics weakened as new home deliveries dropped to 736 and backlog units declined to 1,360, while homebuilding gross margins compressed to 18.8%. The company confirmed that stockholder approval and HSR waiting period conditions for its merger with Sumitomo Forestry have been satisfied, ending the quarter with $1.7 billion in liquidity.
Tri Pointe Homes Celebrates 15 Years of Building Successful Communities in the Bay Area
Tri Pointe Homes is celebrating the 15th anniversary of its Bay Area division, noting it has developed 48 communities and closed more than 4,000 homes since 2010. The company attributes its success to a disciplined approach and strong team culture, emphasizing customer service and high-quality construction despite challenging market conditions. Currently, the division offers 12 unique communities across the region and holds several workplace and industry awards.