This article needs additional citations for verification. (October 2019) |
Company type | Public |
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NYSE: FOR Russell 2000 Component | |
Industry | Real Estate |
Headquarters | Arlington, Texas |
Area served | United States |
Website | forestar |
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020.[1] The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc.,[2] the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency.[3]