Orleans Homes Announces Partial Acquisition Agreement with Taylor Morrison

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Orleans Homes has entered into a partial acquisition agreement with Taylor Morrison Home Corporation, in which Taylor Morrison has completed the acquisition of the Charlotte, Raleigh and Chicago operations. Orleans Homes will continue to operate its communities in the N.Y., N.J. and Philadelphia markets.

Orleans Homes has entered into a partial acquisition agreement with Taylor Morrison Home Corporation, in which Taylor Morrison has acquired Orleans' Charlotte, Raleigh and Chicago operations.

“Taylor Morrison has always been our buyer of choice for Orleans’ Charlotte, Raleigh and Chicago businesses,” said Alan Laing, CEO of Orleans Homes.

Pennsylvania-based homebuilder Orleans Homes announced today that it has entered into a partial acquisition agreement with Taylor Morrison Home Corporation, a leading national builder and developer, in which Taylor Morrison has completed the acquisition of the Charlotte, Raleigh and Chicago operations. Orleans Homes will continue to operate its communities in the N.Y., N.J. and Philadelphia markets.

“Taylor Morrison has always been our buyer of choice for Orleans’ Charlotte, Raleigh and Chicago businesses,” said Alan Laing, CEO of Orleans Homes. “Their great culture, strong leadership team and solid business values are an excellent fit for those divisions.”

“We will continue to operate as usual with our business in the N.Y., N.J. and Philadelphia markets offering single-family and townhome communities, as well as active adult communities,” said Laing. “Orleans has been building homes in the Philadelphia market for over 95 years.”

Orleans Homes is currently in various stages of development and marketing at 11 communities throughout the tri-state area. “Moving forward, we will continue to operate our company in this region, and that's done one community, one home, one customer at a time and done well,” said Laing.

Orleans Homes is dedicated to providing today’s new homebuyers with an extraordinary level of quality and customer service. “What makes Orleans unique is our employees,” said Laing. “We take pride in hiring talented people that work with our customers and our trades to build high quality homes in prime locations at an unbeatable value. When you buy a home from us, you visit our award-winning design center and meet with a professional designer who will help you personalize your home… it’s a great experience that we take a lot of pride in.”

Following a tradition of quality construction, attention to detail and a commitment to satisfaction, Orleans Homes is one of the most respected and highly regarded new homebuilders in the N.Y., N.J. and Pa. areas. “Whatever market you visit, you will find great communities that are well located, with great schools, amenities and features,” said Laing. “And one of our greatest pleasures is turning vision into reality. The energy it takes to work with my team to build homes that families are going to be raised and people are going to live in to achieve their dreams is incredibly gratifying.”

About Orleans Homes
Founded in 1918, Orleans Homes is one of the oldest, continually operated homebuilders in the United States. Orleans Homes is committed to building thoughtfully designed homes and creating unique neighborhoods that cater to the way people live today. The homebuilder currently operates in three markets: Southeastern Pa., Central and Southern N.J., and Orange County, N.Y. For more information, visit OrleansHomes.com.

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Laura Crossan
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