RESTON, Va. (PRWEB) May 06, 2021
Stanley Martin Homes, one of the leading homebuilders in the southeastern U.S., has been named BUILDER magazine’s 2021 national Builder of the Year. The prestigious “Builder of the Year” award celebrates Stanley Martin’s extraordinary growth and success, along with its high performing team and its strong company culture.
“To say we are honored by this award is an understatement. I want to sincerely thank and congratulate our team members for their achievements,” said Steve Alloy, President and CEO of Stanley Martin Homes. “During the dramatic changes of 2020, each of our over 700 team members pulled together to take care of our homebuyers and to deliver homes of outstanding quality, while also achieving the fastest growth among all large builders nationally.”
In 2020, Stanley Martin sold 3,907 new homes and delivered 3,285 new homes, resulting in $1.4 billion in homebuilding revenues and $1.5 billion in total revenues. Despite having to navigate COVID-related job site safety challenges and materials shortages, Stanley Martin’s team increased home closings by 82% from 2019 to 2020. Strong existing market growth and the acquisition of the Essex Homes operations in February 2020 moved Stanley Martin to No. 21 on the Builder 100 list of the largest builders in the U.S., improving 11 spots in one year.
“Growing so quickly can be hard on an organization. We were very intentional about how we built a talented and resilient team that strives every day to do the right thing for our homebuyers,” added Alloy. “We believe that our team makes the difference.”
Since 2017, Stanley Martin Homes has been part of the Daiwa House Group. Daiwa House is headquartered in Japan and is one of the largest housing, construction, and real estate companies in the world. During calendar year 2020, Daiwa House achieved total revenues of $40.8 billion.
“This prestigious award recognizes leaders within the homebuilding industry who exemplify a passion and commitment to excellence in new-home construction,” said Jeff Meyers, CEO of Zonda. “Stanley Martin Homes is a premier homebuilder with a dedicated team that designs homes of enduring quality, innovation and the highest standards in building. We are honored to select them as the 2021 Builder of the Year.”
The Builder of the Year winner is chosen from the ranks of the annual Builder 100 list. The list is developed from data gathered by Zonda, the U.S. housing industry's leading data provider and the industry's top advisor for residential real estate development.
About Stanley Martin Homes
Stanley Martin was founded in 1966 and is headquartered in Reston, Virginia. The company is driven to deliver on its mission “to design and build homes people love at a price they can afford.” Stanley Martin operates in 11 metro areas: Atlanta, GA; Aiken/North Augusta, SC; Charleston, SC; Columbia, SC; Greenville/Spartanburg, SC; Charlotte, NC; Raleigh, NC; Wilmington, NC; Charlottesville, VA; Richmond, VA; and the Washington D.C. Metro Area. For more information about Stanley Martin Homes and its neighborhoods, visit stanleymartin.com.
BUILDER is the leading brand in the residential construction industry and delivers a strategic platform of data and media products. Through its award-winning journalism and in-person events, BUILDER is the trusted source for top builders, developers, architects, and other industry professionals. BUILDER is powered by Zonda, the largest information service provider of data-driven housing market solutions to the homebuilding industry. For more information, visit builderonline.com.