Shea Homes

Shea Homes
TypeSubsidiary
IndustryHomebuilding
Founded1881; 145 years ago (1881) in Portland, Oregon
FounderJohn F. Shea
Headquarters
Walnut, California
,
United States
Area served
Arizona, California, Colorado, Florida, Nevada, North Carolina, South Carolina, Washington and Texas
Key people
  • John F. Shea (founder)
  • Bert Selva (CEO)
ParentJ. F. Shea Co.
Websitesheahomes.com

Shea Homes is an American homebuilding company. Founded in 1881, its major markets are the West Coast (California, Arizona, Nevada, Washington, and Colorado), Texas, the Carolinas, and Florida.

History

Shea Homes’ parent company, the J. F. Shea Co., was founded in 1881 in Portland, Oregon by John Francis Shea. In 1997, J. F. Shea acquired the Mission Viejo Co., which owned land in Southern California and Colorado, from Phillip Morris. In 1998, it acquired UDC Homes, which had been the largest homebuilder in the Phoenix market and had a presence in California. In addition to being a new home builder, the J. F. Shea Company's activities include commercial construction, civil engineering, commercial and multi-family property development and management, construction materials and venture capital.[citation needed]

Primary competitors

References

  1. ↑ https://www.latimes.com/archives/la-xpm-1997-aug-02-fi-18686-story.html
  2. ↑ Reagor, Catherine (July 11, 1998). "Shea Homes buys UDC: Merged firm state's biggest". Arizona Republic. Phoenix, Arizona. pp. A1, A20. Retrieved March 20, 2024 – via Newspapers.com.

General references