Roseville, MN (March 19, 2015) – Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2014. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Lennar reported gross revenue at $247 million for 458 single family and 99 multi-family homes (557 total) closed in the 2014 calendar year. Lennar outpaced the second ranked builder, Ryland Homes of Minnesota, by 61 percent, staking their position as top residential builder in the region.
“Lennar is extremely honored to be named the Twin Cities number one homebuilder for the ninth consecutive year” said Bill Burgess, Minnesota Division President. “We truly believe that it’s important to always be improving, we do so by listening to what our homebuyers want and learning what the newest trends, features and technology are for today’s new home. Some things are universal – the quality of the homes you build and the reputation you earn. That is what continues to make us the number one choice for homebuyers in the Twin Cities.”
Following Lennar, the top ten were Ryland Homes, with over $129 million in revenue and 344 housing units closed, followed by D.R. Horton with revenue of almost $124 million and 275 units, Pulte Homes with $120 million revenue and 243 housing units, Mattamy Homes at $90 million and 256 units, Hanson Builders with $60 million and 85 units, Gonyea Homes with $53 million and 61 units, Robert Thomas Homes with 51 million and 106 units, Hans Hagen Homes with $42.8 million and 122 units and K. Hovnanian Homes with 42.4 million and 131 units.
Rankings are based on information provided by survey respondents. Respondent information is believed to be reliable. Each company has verified information to the best degree possible. Commercial construction firms building rental or senior housing were not included in this ranking. National builder, Toll Brothers plus local builders Stonewood LLC and John Kraemer & Sons, which according to Keystone Reports data, may have been included in the top 25, declined to participate