Introducing CalAtlantic
Earlier this year, Ryland and Standard Pacific, two publicly-traded homebuilders, announced merger plans with a closing set for fall of 2015. Now, they have unveiled a new name for the combined entity – CalAtlantic. CalAtlantic will be the 4th largest homebuilder in the nation by volume with a market cap of $5.2B and and operations in 17 states and 41 submarkets.