We develop a variety of businesses from wooden spec homes to housing lot development, along with real estate development business, across the United States.Read More
In the U.S., stable population growth is expected to fuel long-term strong demand for housing, and we are developing our housing sales business by conducting in-depth market research to identify areas where housing market growth based on active demand is more likely to occur.
The company has steadily expanded its business since its entry into the U.S. housing market in 2003, and currently supplies high-quality homes in a wide range of regions from the West Coast to the East Coast, mainly through the five housing builders in our group.
By leveraging the unique strengths of five builders as well as the FITP companies, we not only expand our geographical reach but also diversify our customer base and price range. This approach enables us to respond to the needs of a wider customer base while substantially lowering business risks.
MainVue
MainVue Homes’ main operational focus is the provision of single-family homes in Seattle, Washington. It possesses an excellent lineup of well-designed products, with homes built from materials commonly viewed as the advanced option. At the World of Model Homes, where groups of various model houses are built in proximity to each other, it provides the best experience for choosing products for customers through a direct side-by-side comparison.
Edge Homes focuses on providing single-family homes in Salt Lake City area in Utah, best known for its role as the venue for the 2002 Winter Olympics. Additionally, this area has shown a stable increase in its population and economic growth. The company proudly holds a top-level market share in the area. It offers single-family homes, townhomes and condominiums within its product lineup. A specialty of this company is its ability in developing master-planned communities including public spaces such as parks and clubhouses.
Brightland Homes has been expanding its single-family home business in a total of 9 areas which includes Dallas, Houston, Austin, and San Antonio in Texas, Phoenix in Arizona, Denver in Colorado, Nashville in Tennessee, as well as Jacksonville and Tampa in Florida. Brightland Homes has an extensive product lineup with assorted design options that can satisfy a wide range of consumer demands. It has been gaining great popularity among customers of different generations by providing housing units to accommodate the characteristics of each area. The company has won many awards and is highly appreciated as a representative builder of Texas.
Bloomfield Homes operates single-family homes business in the Dallas/Fort Worth area in Texas. Since its establishment in 2004, Bloomfield Homes thrived under an efficient management, offering two series of homes—Classic and Elements—to meet a wide range of customer needs. In 2023, the company ranked 4th in the number of units delivered in the area.
The DRB Group provides single-family homes for the East Coast of the U.S. In addition to single-family homes, the DRB Group also offers townhomes and has recently introduced products tailored for active adults catering to a wide range of customer needs. It is currently expanding its business across 10 states on the East Coast.
We have also focused on the development and preparation of residential sites through one of our Sumitomo Forestry Group companies. It provides high-quality, completed lots through a comprehensive process of land acquisition, development and preparation.
Mark Ⅲ Properties
MarkⅢ properties has focused its operations on selling completed housing lots, intended for single-family homes and townhomes, in the area centered on Greenville-Spartanburg in South Carolina, which has experienced significant increase in population as well as economic growth including employment. With extensive experience accumulated over more than 50 years based on a wide range of local networks, the company holds the largest market share in the area.
We have also focused on general real-estate development business. This includes; rental multi-family housing, commercial and mixed-use complexes, and logistics facilities in order to support the lifestyles of local communities through the development of various facilities tailored to the needs of each local community.
Crescent Communities
Crescent Communities has its headquarters in North Carolina. As a real estate developer, it has focused on the development and asset management of multi-family housing, commercial and mixed-use complexes, and logistics facilities in areas where the population and employment growth rate is high in the US. The company has established great trust among local communities and stakeholders by conducting high-value-added real estate developments and insourcing essential functions for real estate development. Examples include; land acquisition, fundraising, planning, construction management, management of lease property, and property selling. Crescent Communities has earned high trust from local communities and stakeholders, receiving prestigious awards such as the Multifamily Development Firm of the Year from NAHB (National Association of Home Builders) in the multi-family housing sector and the Developer of the Year from NAIOP (National Association of Industrial and Office Properties) in the commercial real estate sector.
Sumitomo Forestry America, Inc. is the holding company of our affiliates in the US. As a holding company, we engage in homebuilder, real estate management, and forestland investment businesses. Additionally, we work with our affiliates to manage multi-family housing developments, along with engaging in new business including turn-key for imported cabinets, furniture wholesale distribution, and landscape material trading.
Since 2003, Sumitomo Forestry has been selling houses in Seattle, Washington, one of its key distribution bases for timber and building materials. The company has established a foothold into the world's biggest housing market.
We have since been supplying high-quality wooden houses through acquisition of equity interests in leading local builders, while considering local culture, climate, and construction methods that are all unique to the U.S.
In 2016, we entered the multi-family housing business, and we expanded our business further in 2018 by acquiring equity interests in a land development company and a real estate firm focused on multi-family housing, commercial, and mixed-use complex. Through this expansion we have both diversified and stabilized our revenue sources in the U.S., encompassing both single-family homes and other sectors. Furthermore, we are also broadening our business scope with the FITP business* to address issues such as labor shortages, rising material prices, and extended construction periods.
We strive for an effective and potent synergy between Sumitomo Forestry and its affiliates by gathering and bolstering the strengths of all our groups, based on trust, shared business policies and philosophy. We are committed to creating ideal living environments tailored to local needs, while continuously expanding and innovating our business for future growth.
*FITP Business
FITP stands for Fully Integrated Turn Key Provider Business. The business provides comprehensive services including panel design, manufacturing, delivery, and construction.