Century Communities has bought HistoryMaker Homes, a homebuilder founded in Fort Worth in 1949 and headquartered in Grapevine, Texas, in a deal the Colorado-based company says triples its community count in Dallas-Fort Worth. Century announced the transaction before the market opened on Oct. 8, saying it acquired substantially all of the assets of HMH Lifestyles, L.P., which does business as HistoryMaker Homes. Neither company disclosed a purchase price.
For Century, which trades on the New York Stock Exchange under CCS, the deal is a bet on depth rather than breadth: it already operates in 16 states and more than 45 markets. HistoryMaker builds exclusively in the metroplex and has completed roughly 25,000 homes over more than 75 years, according to the release, which describes it as Texas’ longest-standing production homebuilder.
“HistoryMaker Homes gives us the scale, land position, and local talent to accelerate our growth in Dallas-Fort Worth, one of the largest housing markets in the country,” Chief Executive Rob Francescon said in the announcement.
How the combined operation will work
Century’s existing Dallas-Fort Worth business will be folded together with HistoryMaker into a single division based in Grapevine, with HistoryMaker’s division leadership and staff joining Century. The company said construction, sales and closings continue as scheduled and that buyers already under contract will keep working with their local HistoryMaker team.
The land pipeline is part of the appeal, and it survives the sale in an unusual form. Century will keep an ongoing relationship with Jabez Development, HistoryMaker’s sister land development company, which will finish land development on selected communities for Century; the two said they expect to pursue additional land deals together in the market. Jabez and ONM Living, HistoryMaker’s build-to-rent affiliate, remain independently owned, the release said. Vestra Advisors was HistoryMaker’s exclusive financial adviser.
Executive Vice President Jim Francescon tied the purchase to Century’s existing strategy, saying HistoryMaker’s “product and lot pipeline fit squarely with our strategy of building depth in our existing markets,” and thanking HistoryMaker Chief Executive Nelson Mitchell “for entrusting us with the next chapter of a company his family has built over five generations.”
Mitchell, describing the family’s decision to sell, said: “As we looked to the future, it was important to find a partner that shares our commitment to quality, integrity and the customer experience, and that would give our people room to grow. Century Communities is that partner.”
A purchase made into a soft market
Century’s most recent quarterly report, filed with the Securities and Exchange Commission on July 23, shows a builder absorbing a demand slowdown. In the three months ended June 30, 2026, Century delivered 2,506 homes, down 3.1% from a year earlier, at an average sales price of $358,200, down 5.1%. Revenue for the quarter was $927.2 million, against $1.0 billion a year earlier. Adjusted EBITDA fell to $78.2 million from $86.5 million.
Century attributed the delivery decline to “slower absorption rates as a result of lower demand amid challenging homebuilding market conditions,” and said the lower average price reflected heavier use of incentives — discounts on base prices, lot premiums, options and upgrades, and financing incentives. Through six months, deliveries were down 7.2% to 4,519 homes.
Two numbers in the filing help explain, on our reading, why a builder in that position would buy another one. Century’s owned and controlled lot inventory stood at 60,128 at the end of June, down from 68,701 a year earlier — a pipeline that shrank by more than 8,500 lots in twelve months. At the same time, Texas was the company’s strongest segment for new orders: net new home contracts in Texas rose 12.7% year over year in the second quarter, to 568, while its West segment fell 4.3%. Buying lots and communities already entitled and selling in its strongest regional segment replenishes the pipeline faster than assembling land does.
Broader Texas data gives the purchase a more cautious cast. New-home sales in the state fell 6.9% in August even as houses sold faster, and every major Texas metro has tipped toward buyers as listings outnumber shoppers. On our reading, consolidation of the kind announced on Oct. 8 is what that environment produces: public builders with balance-sheet capacity absorbing private, single-market operators whose land costs and incentive budgets are harder to carry through a slow stretch.
Century ended June with 330 selling communities nationwide and a backlog of 1,264 homes worth $469.3 million. The company did not say how many communities or lots the HistoryMaker purchase adds, nor when it expects the acquisition to affect deliveries. It operates its homebuilding business through the Century Communities and Century Complete brands and also sells mortgage, title, insurance brokerage and escrow services through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency and IHL Escrow subsidiaries.
