We are excited to announce that Larry H. Miller Real Estate (LHMRE), a portfolio company of the Larry H. Miller Group of Companies, plans to acquire Destination Homes’ residential construction business. Since the beginning, our focus at Destination Homes has been to build exceptional homes and lasting communities. And over the last 20 years we have become one of the most respected home builders in the region.
“As we evaluated the company's future, our primary goal was ensuring our mission continues,” said Brad Wilson, Principal, Destination Homes. “Given our long-standing relationship with LHMRE and the opportunity to combine organizations with similar values, both parties explored the potential transaction. We believe that this exciting next step will provide longevity for our business and create an opportunity for it to grow beyond its current potential. Becoming part of LHMRE will provide continued stability for our talented employees and the ability for Destination Homes to perform at a larger scale for the people of Utah and our region.”
“Customers can continue to expect the same high-quality craftsmanship and service from Destination Homes, which will retain its name,” said Scott Lalli, President, Destination Homes. “In the last 15 years, we have completed over 2,00 homes. We currently have projects in Daybreak, where we were one of the original homebuilders, as well as Hill Farms, Windmill Estates, Towns on Main and Wilcox Farms in Davis County, and Beacon Pointe in Utah County.”
You can read the full press release, here
We look forward to the future of Destination Homes and appreciate your continued support.
Sincerely,
Scott Lalli
President
Destination Homes