Stanley Martin Homes to Acquire United Homes Group for $221 Million
Originally Published by: Builder — February 23, 2026
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Stanley Martin Homes, the No. 21 company on the 2025 Builder 100 list, has entered an agreement to acquire United Homes Group, the No. 51 company, in an all-cash transaction valued at $221 million.
Under the terms of the agreement, United Homes shareholders will receive $1.18 per share in cash. The transaction is expected to close in the second quarter of 2026.
“Stanley Martin’s mission statement is ‘To design and build homes people love at a price they can afford,’” Steve Alloy, CEO of Stanley Martin, said. “The combination of Stanley Martin and United Homes is a big step forward to deliver new housing at affordable prices to more prospective home buyers.”
For United Homes Group, the sale to Stanley Martin ends a period of uncertainty dating back to the middle of 2025. In May 2025, the company initiated a review of strategic alternatives, including a sale, following a challenging transition after going public in 2023. In October 2025, six board members resigned at the same time the strategic review determined a “business as usual” approach was best for the South Carolina-based builder.
“This transaction delivers immediate and certain cash value to our shareholders while aligning United Homes with a highly respected, well-capitalized builder in Stanley Martin,” said Jack Micenko, CEO of United Homes Group. “We are proud of the platform our team has built and believe this combination represents the best outcome for our shareholders and an outstanding opportunity for our employees, trade partners, and customers.”
The acquisition is the second in the past year by Daiwa House Group-backed Stanley Martin Homes. The Virginia-based builder also acquired North Carolina-based Windsor Homes in September 2025. The Windsor acquisition, which added 32 new communities, enhanced Stanley Martin’s controlled lot count in North Carolina by approximately 25%.
Adding United Homes Group, which closed 1,431 homes in 2024 across Greenville, Spartanburg, Clemson, Columbia, and Myrtle Beach in South Carolina and Augusta, Georgia, significantly expands the footprint of Stanley Martin in the rapidly-growing South Carolina housing market. The Palmetto State is home to some of the fastest growing markets in the Southeast, with Myrtle Beach, Charleston, Greenville, Columbia, and Spartanburg all ranking among the 50 largest new-home markets on the 2025 Local Leaders list.
Stanley Martin Homes, which closed 4,614 homes in 2024, is a subsidiary of Japanese company Daiwa House Group. The Daiwa House portfolio consists of regional home building hubs: Stanley Martin Homes in the east, Texas-based CastleRock Communities (No. 49 on the Builder 100) in the central region, and California-based Trumark Homes (No. 67 on the Builder 100) in the west. Daiwa House has targeted supplying 10,000 single-family housing units across its U.S. operations by 2026.
The deal is the second acquisition of a U.S. public company by a Japanese parent company in 2026. Earlier in February, Sumitomo Forestry acquired Tri Pointe Homes, the nation’s 15th largest builder, for $4.5 billion.