Meritage Homes Celebrates Delivery of Its 100,000th Home
October 10 2016 - 9:00AM
Meritage Homes Corporation (NYSE:MTH) announced it has completed
and will soon close the sale of its 100,000th home. A celebration
is scheduled for Oct. 14 in Phoenix to commemorate this milestone
with the 100,000th homeowner.
"Knowing that we are about to deliver Meritage’s
100,000th home brings an overwhelming sense of achievement for the
company and for me personally," said Steven J. Hilton, co-founder,
chairman and chief executive officer of Meritage Homes. "Our focus
since the founding of the company has been to allow each of our
customers to experience the pride and enjoyment of homeownership in
ways they never imagined possible. From the location and layout of
our communities, to the design and construction of our homes, our
goal is for buyers to experience and live a Life.Built.Better.™ in
a Meritage home. I am very proud of and thankful for the Meritage
team, as well as our suppliers and trade partners who have helped
us accomplish this tremendous milestone.”
Founded in 1985 under the name Monterrey Homes,
Meritage grew from a small startup homebuilder in Scottsdale,
Arizona to the seventh-largest homebuilder in the U.S. today. Over
the past 31 years, Meritage has developed a reputation for
distinctive style and quality construction, and is a leader in the
industry.
“We began as an Arizona builder and expanded
into California, Texas, Florida and Colorado over the next 20
twenty years through a number of acquisitions and greenfield
startups to become a national homebuilder that delivered almost
10,500 homes for $3.4 billion in revenue in 2006,” said Hilton. "In
the last five years, we’ve further expanded into North and South
Carolina, Georgia and Tennessee, bringing the Meritage Homes brand
and reputation for industry-leading energy efficiency into a total
of 22 markets from coast to coast today, and we are continuing to
grow.”
Meritage is consistently recognized as the
industry leader in energy-efficient and technologically advanced
homebuilding. Meritage was the first national homebuilder to be 100
percent ENERGY STAR® certified, and far exceeds ENERGY STAR
standards today. Meritage helps its homeowners live more
comfortably and healthier while also saving money, all without
compromising Meritage’s signature design.
About Meritage Homes
Meritage Homes is the seventh-largest public
homebuilder in the United States, based on homes closed in 2015.
Meritage Homes builds and sells single-family homes for first-time,
move-up, luxury and active adult buyers across the Western,
Southern and Southeastern United States. Meritage Homes builds in
markets including Sacramento, San Francisco Bay area, southern
coastal and Inland Empire markets in California; Houston,
Dallas-Ft. Worth, Austin and San Antonio, Texas;
Phoenix/Scottsdale, Green Valley and Tucson, Arizona; Denver and
Fort Collins, Colorado; Orlando, Tampa and south Florida; Raleigh
and Charlotte, North Carolina; Greenville-Spartanburg and York
County, South Carolina; Nashville, Tennessee; and Atlanta,
Georgia.
Meritage Homes has designed and built over
100,000 homes in its 31-year history, and has a reputation for its
distinctive style, quality construction, and positive customer
experience. Meritage Homes is the industry leader in
energy-efficient homebuilding and has received the U.S.
Environmental Protection Agency's ENERGY STAR Partner of the Year
for Sustained Excellence Award every year since 2013 for innovation
and industry leadership in energy efficient homebuilding. For more
information, visit meritagehomes.com.
Media Contact:
Lauren Hendeles
602.750.5934
media@meritagehomes.com
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