Century Communities

Century Communities, Inc.
Century Communities
TypePublic
NYSE: CCS
IndustryHome construction
Real estate development
Founded2002 (2002)
FounderDale Francescon
Robert J. Francescon
Headquarters8390 East Crescent Parkway, Suite 650,
Greenwood Village, Colorado
,
United States
Area served
United States
Key people
Dale Francescon (Executive Chairman)
Robert J. Francescon (CEO and President)
RevenueDecrease US$4.118 billion (2025)
Decrease US$210.8 million (2025)
Decrease US$147.6 million (2025)
Total assetsDecrease US$4.460 billion (2025)
Total equityDecrease US$2.592 billion (2025)
SubsidiariesInspire Home Loans
Parkway Title
IHL Home Insurance Agency
IHL Escrow
Websitecenturycommunities.com

Century Communities, Inc. is an American home construction and real estate development company headquartered in Greenwood Village, Colorado.[1][2]

It has been publicly traded on the New York Stock Exchange since 2014.

History

Century Communities was founded in 2002 by brothers Dale and Robert J. Francescon as a developer of single-family homes, townhouses, and condominiums.[3][4]

In 2013, Century Communities raised US$240 million through a private offering to support expansion and expanded its operations to Texas through the acquisition of Jimmy Jacobs Homes in Austin and San Antonio.[5][6]

In June 2014, Century Communities completed its initial public offering (IPO) on the New York Stock Exchange.[7][8][9] Following the IPO, it acquired Dunhill Homes' Las Vegas operations, Houston-based Grand View Builders,[10][11] and Atlanta-based Peachtree Communities.[12]

In 2016, Century Communities acquired a 50 percent stake in North Carolina-based Wade Jurney Homes, expanded its operations to Salt Lake City, founded Inspire Home Loans for mortgage, Parkway Title for title, and IHL Insurance Agency for insurance services.[13][14][15] In 2017, it merged with UCP, Inc. in a US$336 million transaction, and expanded into California and the Pacific Northwest.[16][17] In November 2017, it acquired Lynnwood homebuilder Sundquist Homes.[18][19][20] By the end of that year, Century Communities was operating 117 active communities across 10 states.[16]

In 2018, Century Communities acquired the remaining interest in Wade Jurney Homes and renamed it as Century Complete in 2020.[21][22] In 2021, Century Communities expanded to the Phoenix metropolitan area, North Florida, and Kentucky, beginning with communities in the Louisville metropolitan area. By 2022, Century Communities had also launched Century Living, a multifamily division focused on apartment development, and was ranked as the ninth-largest homebuilder in the United States by volume.[23]

In 2024, Century Communities expanded its footprint in Nashville through the acquisition of Landmark Homes of Tennessee, and later that year acquired Anglia Homes.[24][25] In August 2024, it acquired a 100-acre site near Fulshear, Texas.[26] In 2025, it acquired the land of Chiles Ranch in Davis, California.[27]

In 2025, Century Communities was recognized as one of the “Best Companies to Work For” by U.S. News & World Report.[28] In 2026, the company was ranked in the top 10 of the Builder 100 list [29] for the eighth consecutive year. It was also named one of America’s Most Trustworthy Companies by Newsweek[30] for the fourth consecutive year, the only home builder to earn this distinction.

Philanthropy

In 2022, Century Communities established the Century Communities Foundation [31] to support charitable initiatives in the communities in which it operates. As of 2024, the foundation reported disbursing over $300,000 to nonprofit organizations such as the American Heart Association, the ALS Association, Operation Homefront, and HopeKids. In May 2024, the company participated in a partnership with the Houston Texans, Howard Hughes Holdings, the Greater Houston Builders Association, and Operation Finally Home to provide a mortgage-free home [32] to U.S. Army veteran Joanna Ellenbeck and her family in The Woodlands Hills near Houston, Texas.

The company also supports employee volunteer efforts through its Century Cares program.

References

  1. ↑ Kumar, B. Rajesh (April 1, 2024). Kumar, B. Rajesh (ed.). Rising Stars : Integrative Case Studies on the 100 Fastest-Growing Companies. Springer International Publishing. pp. 321–326. doi:10.1007/978-3-031-50032-9_43 – via Springer Link.
  2. ↑ Miller, Ben (June 15, 2018). "Colorado home builder, with new buy, says it's now in U.S. top 10". Denver Business Journal.
  3. ↑ McManus, John. "Century Communities' Jim Francescon Bridges Legacy and Future".
  4. ↑ Armbrister, Molly. "Dale and Rob Francescon stacked up acquisitions for planned growth". Denver Business Journal.
  5. ↑ Buchholz, Jan. "Jimmy Jacobs Homes acquired by Denver company". Austin Business Journal.
  6. ↑ Svaldi, Aldo (July 25, 2014). "Century Communities buying big in Texas and betting on Las Vegas". Denver Post.
  7. ↑ McManus, John (June 19, 2014). "Century Becomes Home Building's 8th New Public in 18 Months". Builder.
  8. ↑ Phillips, David (June 5, 2014). "Century Communities Makes Completes IPO Century Communities Makes Completes IPO". GlobeSt.
  9. ↑ Harden, Mark (June 18, 2014). "Shares slump on opening day as Century Communities goes public". Denver Business Journal.
  10. ↑ Armbrister, Molly (August 13, 2014). "Century Communities buys Houston homebuilder". Denver Business Journal.
  11. ↑ "Century Communities Buys Grand View Builders, Enters Houston". Builder. August 13, 2014.
  12. ↑ "Builder Century Communities expands Texas footprint with Houston deal". Denver Post. August 13, 2014.
  13. ↑ "Colorado's Century Communities buys 50% stake in North Carolina homebuilder". KUSA.com. November 2, 2016.
  14. ↑ Fahey, Ashley (August 8, 2017). "Century Communities completes $356M merger with homebuilder UCP". Charlotte Business Journal.
  15. ↑ Croce, Brian (November 2, 2016). "Century Communities CEO Talks Wade Jurney Deal". Builder.
  16. 1 2 Tomasulo, Katy (April 13, 2017). "Century Communities, UCP to merge in $336M deal".
  17. ↑ McManus, John (April 11, 2017). "Century, UCP--Two of Home Building's 'Mini-Me' Publics--Agree to Merge". Builder.
  18. ↑ Harden, Mark (November 1, 2017). "Century Communities buys Lynnwood homebuilder Sundquist Homes". Denver Business Journal.
  19. ↑ Harden, Mark (November 1, 2017). "Colorado's Century Communities buys Seattle homebuilder". Denver Business Journal.
  20. ↑ Davis, Jim (November 1, 2017). "Lynnwood's Sundquist Homes sold to a publicly traded builder".
  21. ↑ "National homebuilder Century Complete enters Kentucky market". Kentucky Business & Economic News.
  22. ↑ Lane, Ben (June 15, 2018). "More homebuilder consolidation: Century Communities buys Wade Jurney Homes".
  23. ↑ "Builder 100 Listings Archive". Builder.
  24. ↑ Ladurantaye, Steve (January 23, 2024). "Century Communities Buys Landmark Homes of Tennessee". Builder.
  25. ↑ Salandro, Vincent (July 31, 2024). "Century Communities Grows Houston Portfolio With Acquisition of Anglia Homes". Builder.
  26. ↑ Jeffrey, Jeff (August 5, 2024). "Colorado homebuilder acquires Houston company, 100-acre parcel for new Fulshear community". Houston Business Journal.
  27. ↑ Wasik, Rebecca (March 4, 2025). "Chiles Ranch land sold to Century Communities Inc". Davis Enterprise.
  28. ↑ "Century Communities". U.S. News & World Report. June 27, 2025.
  29. ↑ "2026 The Top 100". Builder.
  30. ↑ Cunningham, Jennifer H. (2025). "Most Trustworthy Companies in America 2025". Newsweek.
  31. ↑ "Century Communities Foundation". Propublica.
  32. ↑ "Century Communities-Led Partnership Surprises Family in Need With Custom-Built Home in Houston". Pro Builder. June 21, 2024.
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