Guiding You Home The Green Brick Way
Who We Are
Green Brick Partners, Inc. is a publicly-traded company listed on the New York Stock Exchange under the ticker symbol “GRBK.” We are a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida. We build quality neighborhoods in some of the best markets in the country, interwoven with the latest technological advancements. We believe this approach enables us to provide superior value to our customers and the communities in which they live, as well as long-term returns for our investors and stakeholders.
Hear and See Our Story
Sale of 49.9% Interest In Challenger Homes
Named by Fortune Magazine as one of the Fastest-Growing Companies for the fourth consecutive year
Record-breaking total revenues of $1.76B and after-tax income of $292M
Unsecured lines of credit upsized to $325M
Joined S&P SmallCap 600 Index
10% share buyback
Announced Austin expansion through Trophy Signature Homes
Achieved total revenues above $1B for the first time
Raised $50M through preferred shares
Completed listing transfer and began trading on NYSE
BHome Mortgage JV formed
Bought 100% interest in CB JENI Homes
Bought 100% interest in Southgate Homes
• Initial investment grade long term note issuance with Prudential
• Total long term notes have grown to $338M as of December 31, 2022
Founding of Trophy Signature Homes
Asset purchase of GHO Homes
Acquisition of 49.9% interest in Challenger Home
Raised $174M through an oversubscribed stock offering
Green Brick Partners joined Russell 2000 Index
Green Brick Title formed
• Green Brick Partners started trading on NASDAQ
• JBGL contributes its assets in a reverse IPO recapitalization
• Name change to Green Brick Partners
Founding of Southgate Homes
Founding of Normandy Homes
Founding of Center Living Homes
Asset purchase of CB JENI Homes
Asset purchase of The Providence Group
JBGL(Predecessor) closed first deal
We are founded on the belief that locally focused land development is the starting point for a builder’s profitability and that both homebuilding and land development are best executed on a local, decentralized basis. We manage land risk through rigorous underwriting and provide our subsidiary homebuilders with centralized state-of-the-art operational support.
We take pride in our diverse home offerings, geography, and price points that serve a wide range of customer segments and needs. This is possible through our subsidiary builder brands that are composed of seven consolidated homebuilders and one homebuilder in which we have a non-controlling interest. Each of our builders is unique and has a strategic and market niche advantage. All of our builders share the same commitment to building high-quality homes with superior craftsmanship and innovative designs. And our builders are united by our core values that we call H.O.M.E. Honesty, Objectivity, Maturity, Efficiency. Additionally, our mortgage and title operations make buying a home a seamless experience.
We also understand that our success hinges on our team. We aim to hire and retain quality, driven, and experienced employees who exemplify our HOME values. We recognize that Green Brick’s success and
future accomplishments can only be achieved through the day-to-day efforts of our team. Therefore, we seek to provide a culture that breeds success and long-term growth both for our employees and the company.
Why Green Brick
Green Brick operates in some of the best markets in the country. Our biggest markets, Dallas and Atlanta, are backed by some of the strongest demographic tailwinds and job growth in the U.S. Additionally, we build primarily in in-fill submarkets where supply is constrained. Our homes are located in desirable neighborhoods with proximity to schools, job hubs, transportation corridors, and local amenities. Development in those neighborhoods requires extensive local knowledge to address more complicated entitlement, regulatory, and zoning processes.
Diversified Award-Winning Products
We are one of the few homebuilders that offer various price points, sizes, and product types through our subsidiary builder brands. While each of our builders is unique and has its own strategic and market niche advantages, they are united by our commitment to build high-quality homes of lasting value. Our builders have won numerous industry awards for their designs and quality.
Our builders and teams have deep roots in the communities they serve with decades of experience and knowledge in homebuilding and land development. We stand by and take pride in our core values we call H.O.M.E, which stands for Honesty, Objectivity, Maturity, and Efficiency. Green Brick is focused on developing a culture of commitment, hard work, and collaboration to assist in delivering consistently outstanding results. Our unwavering dedication allows us to provide a smooth homebuying experience, an outstanding product, and exceptional customer service.
Honesty and integrity are the foundation of any lasting business and we strive each day to treat our customers, employees, and shareholders like we would like to be treated.
Objectivity drives our business practices and strategies, and our goal is to make decisions utilizing best practices and available market data and information.
The emotional intelligence of our team is integral to our success. In order to accomplish our common goals, we must be solution driven and view every challenge as an opportunity. Emotionally intelligent employees see the bigger picture and attempt each day to work collaboratively toward shared goals and successes.
Efficiency is the result of competent, hard-working people who perform with a competitive spirit to produce rapid and consistent results. We continually evaluate our processes and systems in an effort to remain among the most efficient in our industry.