CalAtlantic Homes

What CalAtlantic Homes does

CalAtlantic Homes, founded in 1965 and headquartered in Irvine, California, was a major US homebuilder publicly traded on the NYSE under ticker CAA until its 2018 acquisition by Lennar Corporation. Following the transaction, CalAtlantic operates as a wholly-owned subsidiary of Lennar (NYSE: LEN), America's largest homebuilder, and has been integrated into the Lennar brand across a 32-state footprint covering the Southeast, Northeast, Midwest, Southwest, and West regions.

Under the Lennar operating umbrella, CalAtlantic's product surface spans single-family detached homes, townhomes and condominiums, Active Adult communities for buyers aged 55+, and Next Gen multi-generational homes featuring attached private suites with separate entrances, kitchenettes, and living quarters. The company builds within master-planned communities that pair homes with resort-style amenities. The go-to-market model is a direct-to-consumer sales-led motion: Lennar.com provides guided-search, map-based browsing, and a quiz-based discovery tool, while physical model homes and sales centers across 32 states drive in-person engagement.

Revenue is generated primarily through one-time home sales transactions to individual homebuyers, supplemented by an integrated-services ecosystem that captures additional wallet share: Opendoor partnerships for cash offers on existing homes, Lennar Mortgage for pre-qualification, and in-house title/escrow/closing support. CalAtlantic is no longer a standalone reporting entity, and segment-level financials are not separately disclosed within Lennar's consolidated results.

Name

CalAtlantic Homes

Legal name

Lennar Corporation

Website

https://calatlantichomes.com

Company type

Public

Founded year

1965

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CalAtlantic Homes is a wholly-owned subsidiary of Lennar Corporation (NYSE: LEN), operating under the Lennar brand to build single-family, townhome, active adult, and multi-generational homes across 32 US states through direct-to-consumer sales and master-planned communities.

Ownership category

akta.pro rank

Product category

Residential Homebuilding

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Residential homebuilding
• New construction homes
• Single-family homes
• Master-planned communities
• Homebuilder operations

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Home Sales: Revenue generated from selling new single-family homes, townhomes, condominiums, active adult communities, and multi-generational homes. Lennar builds homes across 32 states and sells directly to homebuyers through their distribution network.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

CalAtlantic Homes designs, builds, and sells new-construction single-family homes, townhomes, and condominiums across master-planned communities in multiple U.S. states. The company targets individual homebuyers with entry-level, move-up, active adult, and multi-generational floor plans, including its signature Next Gen multi-generational homes. Sales are conducted through on-site model complexes, design centers, and affiliated mortgage services through Lennar, its parent.

Differentiator

Problem solved

Functional benefit

Products and services

• Single-Family Homes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• OpendoorcoreStrategic or Co-development PartnerLennar has partnered with Opendoor to help homebuyers sell their current homes. Through this partnership, Lennar buyers can receive cash offers from Opendoor, enabling them to avoid paying for two moves and mortgages simultaneously. This integration streamlines the home buying and selling process.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• LGI Homes: Public homebuilder focused on entry-level, first-time homebuyers across 35 markets with a direct-sales model, comparable in targeting first-time buyer cohorts and high-volume production approach.
• Meritage Homes Corporation: Public homebuilder focused on entry-level and first move-up buyers across the Sun Belt with an emphasis on energy-efficient homes, similar in production scale and geographic footprint in the Western U.S.
• Toll Brothers: Public luxury homebuilder with national geographic reach including California and Florida, comparable in master-planned community positioning and direct-to-buyer sales model.
• Tri Pointe Homes: Public homebuilder with strong California and Western U.S. exposure—historically the most direct geographic overlap with CalAtlantic's legacy footprint—and a comparable premium move-up product positioning.
• Beazer Homes USA: Public homebuilder operating across the Southeast, Southwest, and Mid-Atlantic with an entry-level to move-up focus, comparable in production-builder scale and direct-to-consumer sales motion.
• D.R. Horton: Largest U.S. homebuilder by volume, building entry-level, move-up, and luxury homes nationwide with a comparable direct-to-homebuyer sales model and master-planned community strategy.
• Taylor Morrison Home Corporation: Public homebuilder offering entry-level through luxury product across the Sun Belt and Western U.S., with comparable diversification into active adult (55+) through its division.
• PulteGroup: Public homebuilder (Centex, Pulte, Del Webb, John Wieland) operating across first-time, move-up, active adult (55+), and age-targeted segments in 50+ markets, directly comparable in product breadth and buyer-cohort targeting.
• KB Home: Public homebuilder focused on entry-level and first-time move-up buyers in California, Arizona, Nevada, Texas, Florida, and the Carolinas, comparable in production-builder model and direct sales motion.
• NVR Inc. Public homebuilder (Ryan Homes, NVHomes) operating across the East Coast and Mid-Atlantic with a focus on entry-level and move-up buyers under a land-option heavy model, comparable in scale and direct-sales approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/calatlantichome
• Facebookfacebook.com/phoenix.homebuilder
• LinkedInlinkedin.com/company/calatlantic-homes

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CalAtlantic Homes