According to a press release distributed on October 5, 2020, Dream Finders Homes has completed the acquisition of H&H Homes, a home builder based in Fayetteville, NC, with multiple communities in the Wilmington area. H&H Homes was founded in 1991 by Ralph and Linda Huff. At the time of this article, it operates in 10 markets throughout the Carolinas and has built over 9,000 homes since inception. Even in this current pandemic, it plans to complete over 1,000 homes in the Carolinas in 2020.
Dream Finders Homes is one of the nation’s fastest growing home builders. Based out of Jacksonville, FL, it was founded by Patrick Zalupski in 2008. and has operations in Orlando, FL, Savannah, GA, Bluffton, SC, Austin, TX, Denver, CO and the Washington, DC Metro area. In 2019, DFH closed over 2,048 homes and plans to close over 3,000 homes in 2020, a pre-acquisition goal. According to the 2020 Professional Builder magazine, DFH is the 35th largest home builder in the nation but is projected to be a Top 20 builder after this acquisition according to unit volume reported by the 2020 Builder 100.
Despite the acquisition by Dream Finders Homes, the H&H Homes brand will continue. DFH Founder and CEO Patrick Zalupski said, “Ralph and Linda Huff have built a truly wonderful business, with a culture of building high quality homes that provide significant value and lifestyle to their customers, which aligns well with Dream Finders’ core values. We look forward to carrying on the Huff’s legacy and making them proud as we continue the growth of H&H. We are also excited that Jack Rostetter, current President of H&H Homes, will stay on to help lead the growth as President of the Carolinas division for Dream Finders Homes.”
We at The Cameron Team have partook in many transactions with local home builders and have always been impressed by H&H Homes. Not only have they delivered beautiful homes with fine craftsmanship, but they’ve always been very responsive in their customer service. We look forward to seeing how this acquisition will expand their products and services.