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Gehan Homes Gehan Homes, Ltd. is a privately held homebuilding company which designs, builds, and sells homes in Texas and Arizona. The company was founded in 1993 and is based in Addison, Texas. As of April 30, 2014, Gehan Homes, Ltd. operates in partnership with Sumitomo Forestry America Inc.〔"()." ''Company Overview of Gehan Homes, Ltd.''. Retrieved on June 30, 2014.〕 In 2013, Gehan Homes ranked #35 on the Builder Magazine list of Top 100 Builders in the United States.〔"()." ''Builder Magazine - 2013 Builder 100''. Retrieved on July 17, 2014.〕 Gehan serves the move up and luxury home market segments. In 2014, the Company launched its Estate Series, a unique set of floor plans serving the luxury segment of the homebuilding market in select communities in the Dallas, Houston and Austin metropolitan areas. This business unit of the Company is represented by a separate, official company website. ==Partnerships== In May 2014, Japanese wood products and homebuilding firm, Sumitomo Forestry America Inc., purchased a 51 percent stake in the privately held Gehan Homes. Terms of the deal were not disclosed, however the founding executive team, including brothers Glenn, Peter and Tim Gehan, will continue to lead and operate the company with no organizational changes from prior to the investment.〔"()." ''Japanese firm takes controlling stake in major North Texas homebuilder''. Retrieved on June 30, 2014.〕
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