Green Brick Partners, Inc. (NASDAQ: GRBK) was founded in 2006 and is headquartered in Plano, Texas, USA, with 460 full-time employees. It is an American house construction and land development company.
Green Brick Partners, Inc. (GRBK):
Green Brick Partners, Inc. is a diversified house construction and land development company that acquires and develops land in Texas, Georgia, Florida and Colorado, and provides land for operating subsidiaries Team Builders or branches , Equity or construction financing.
Green Brick Partners manages land risks through strict centralized underwriting and provides the latest centralized operation support for Team Builders: IT system, accounting, operation system, national procurement, marketing analysis and human resource management. In addition, the mortgage and property rights business of Green Brick Partners makes buying a house a seamless experience, and can understand buyers in real time.
Green Brick Partners’ business is flexible and thrives with the help of four complementary capital team builder structures during the economic cycle. Looking ahead, the company intends to grow organically and acquire more builders to achieve sustained growth. For example, recently, the company acquired 80% of the majority stake in GHO Homes and 100% of Trophy Signature Homes, but only if the senior management team of the target has a long-term good record and reputation in the local market.
Green Brick Partners is divided into 3 departments to operate: Builder operations Central, Builder operations Southeast and Land development.
Green Brick Partners is engaged in the land acquisition and development, rights, design, construction, property rights and mortgage services, marketing and sales of townhouses, terrace houses, single-family houses and luxury residences in residential areas and master planned communities; land development And sales; land and construction financing business.
Green Brick Partners owns or controls approximately 9,000 homes in Dallas, Atlanta and Vero Beach. The company sells houses through sales representatives and independent real estate agents.