Stanley Martin Homes completes $221M acquisition of United Homes Group

Stanley Martin Homes has completed its $221 million all-cash acquisition of South Carolina-based homebuilder United Homes Group, the Reston homebuilder announced Monday.

United Homes is now a wholly owned subsidiary of Stanley Martin Homes. The company said the acquisition, first announced in February, significantly expands its footprint in South Carolina, one of the fastest-growing housing markets in the country.

United Homes closed 1,192 homes in 2025 across Greenville, Spartanburg, Clemson, Columbia and Myrtle Beach, South Carolina, as well as Augusta, Georgia. Stanley Martin said these markets complement its existing operations and provide additional scale in regions with strong population and employment growth.

“This is an important milestone for Stanley Martin Homes,” Stanley Martin President and CEO Steve Alloy said in a statement. “The acquisition of United Homes is a meaningful step forward in our ability to deliver affordably priced housing to more families across the Southeast.”

United Homes’ common stock has ceased trading on the Nasdaq Stock Market, and shareholders will receive $1.18 per share in cash for each share of common stock they owned.

Stanley Martin did not state what would happen to United Homes’ leadership post-acquisition, and the company did not immediately return requests for comment.

United Homes was formed in 2023 when privately held builder Great Southern Homes went public. Great Southern Homes, which now operates as United Homes’ primary brand, builds mainly in South Carolina and Georgia and is expanding into North Carolina. Since its founding in 2004, the company has delivered about 11,000 homes.

The acquisition marks Stanley Martin Homes’ second deal in the past year, following its purchase of Windsor Homes’ assets and operations in September 2025.

Founded in 1966, Stanley Martin Homes has built more than 40,000 homes and operates in 15 metropolitan areas and seven states: Virginia, Florida, Georgia, Maryland, North Carolina, South Carolina and West Virginia. Stanley Martin is a subsidiary of Daiwa House Group, a housing, construction and development company headquartered in Japan.